HomeMy WebLinkAboutFY 1992-1993 -- Comprehensive Annual Financial Reportci I
C I TY 0 F C 0 LL E G E ST AT I 0 N, T EX AS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
PREPARED BY THE
CITY OF COLLEGE STATION FINANCE DEPARTMENT
GLENN SCHROEDER, EXECUTIVE DIRECTOR FOR FISCAL ANO HUMAN RESOURCES
KATHLEEN HUBBARD, ACCOUNTING MANAGER
CITY OF COLLEGE STATION. TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
TABLE OF CONTENTS
INTRODUCTORY SECTION:
Letter of Transmittal
GFOA Certificate of Achievement for Excellence in Financial Reporting
Organizational Chart
Principal City Officials
FINANCIAL SECTION:
Independent Auditors' Report
General Purpose Financial Statements for the Fiscal Year Ended September 30, 1993
Combined Balance Sheet -All Fund Types and Account Groups
Combined Statement of R eve nues, Expenditures and Changes in Fund
Balances -All Governmental Fund Types
Combined Statement of Revenues, Expenditures and Changes in Fund
Balances -Budget and Actual (Budgetary Basis) -General,
Special Revenue, Debt Service and Capital Projects Funds
Combined Statement of Revenues, Expenses and Changes in Retained
Earnings - All Proprietary Fund Types
Combined Statement of Cash Flows -All Proprietary Fund Types
Notes to General Purpose Financial Statements
Supplemental Combining, Comparative, Individual Fund and Account Group Statements and Schedules
For The Fiscal Year Ended September 30, 1993:
General Fund
Comparative Balance Sheets
Comparative Statements of Revenues, Expenditures
and Changes in Fund Balances
Schedule of Revenues and Other Financing Sources -Budget and Actual
(Budgetary Basis)
·
Schedule of Expenditures -Budget and Actual (Budgetary Basis)
(Conti n ued)
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CITY OF COLLEGE STATION. TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
TABLE OF CONTENTS
(Continued)
Enterprise Funds
Combining Balance Sheet
Combining Statement of Revenues, Expenses and Changes in
Retained Earnings
Combining Statement of Cash Flows
Electric Fund
Comparative Balance Sheets
Comparative Statements of Revenues, Expenses
and Ch anges in Retained Earnings
Schedule of Revenues -Budget and Actual (Budgetary Basis)
Schedule of Expenses -Budget and Actual (Budgetary Basis)
Water Fund
Comparative B alance Sheets
Comparative Statements of Revenues, Expenses
and Changes in Retained Earnings
Schedule of Revenues -Budget and Actual (Budgetary Basis)
Schedule of Expenses -Budget and Actual (Budgetary Basis)
Sewer Fund
Comparative Balance Sheets
Comparative Statements of RevenuE!S, Expenses
and Changes in Retained Earnings
Schedule of Revenues -Budget and Actual (Budgetary Basis)
Schedule of Expenses -Budget and Actual (Budgetary Basis)
Solid Waste C ollection Fund
comparative Balance Sheets
Comparative Statements of Revenues, Expenses
and Changes in Retained Earnings
Schedule of Revenues -Budget and Actual (Budgetary Basis)
Schedule of Expenses - Budget and Actual (Budgetary Basis)
(Continued)
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CITY OF COLLEGE STATION. TEXAS
COMPREHENSIVE ANNUAL FI NANC IAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
TABLE OF CONTENTS
(Continued)
Enterprise Funds (Continued)
Electric, Wat.er, Sewer and Solid Waste Collection Funds
Schedule for Reconciliat.ion of Revenues and Expenses
(Budgetary Basis) to GAAP Basis Stat.ement of Income
Internal Service Funds
Combining Balance Sheet
Combining Stat.ement of Revenues , Expenses and Changes in
Retained Earnings (Deficit)
Combining Stat.ement of Cash Flows
Employee Benefits Fund
Comparat.ive Balance Sheets
Comparat.ive Stat.ements of Revenues, Expenses
and Changes in Deficits
Schedule of Revenues and Expenses -Budget and Actual
(Budgetary Basis)
Fleet Replacement Fund
Comparat.ive Balance Sheets
Comparat.ive Stat.ements of Revenues, Expenses
and Changes in Retained Earnings
Schedule of Revenues and Expenses -Budget and Actual
(Budgetary Basis)
Landfill Fund
Comparat.ive Balance Sheets
Comparat.ive Stat.ements of Revenues, Expenses
and Changes in Retained Earnings
Schedule of Revenues and· Expenses -Budget and Actual
(Budgetary Basis)
Property and Casualty Fund
Comparat.ive Balance Sheets
Comparat.ive Stat.ements of Revenues, Expenses
and Changes in Retained Earn ings (Deficits)
Schedule of Revenues and Expenses -Budget and Actual
(Budgetary Basis)
(Continued)
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CITY OF COLLEGE STATION. TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
TABLE OF CONTENTS
Internal Service Funds (Continued)
Unemployment Fund
(Continued)
Comparative Balance Sheets
Comparative Statements of Revenues, Expenses
and Changes in Retained Earnings
Schedule of Revenues and Expenses -Budget and Actual
(Budgetary Basis)
Utility Billing Fund
Comparative Balance Sheets
Comparative Statements of Revenues, Expenses
and Changes in Retained Earnings (Deficits)
Schedule of Revenues and· Expenses -Budget and Actual
(Budgetary Basis)
Workers' Compensation Fund
Comparative Balance Sheets
Comparative Statements of Revenues, Expenses
and Changes in Retained Earnings
Schedule of Revenues and Expenses· Budget and Actual
(Budgetary Basis)
Internal Service Funds
Schedule for Reconciliation of Revenues and Expenses
(Budgetary Basis) to GAAP Basis Statement of Income
General Fixed Assets Account Group
Comparative Schedules of General Fixed Assets by Source
Schedule of General Fixed Assets by Source -by Function and Activity
Schedule of Changes in General Fixed Assets by Function and Activity
STATISTICAL SECTION:
General Governmental Revenues and Other Financing Sources
General Governmental Expenditures and Other Uses by Function
Property Tax Levies and Collections
Assessed Value of Taxable Properties
(Continued)
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CITY OF COLLEGE STATION, TEXAS
COMPREHENSIVE ANNUAL FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
TABLE OF CONTENTS
(Continued)
Property Tax Rates, Ratios and Levies -All Direct and Overlapping Governments 198
Paving Assessment Collections 200
Computation of Legal Debt Margin 201
Ratio of Net General Bonded Debt to Assessed Value and Net Bonded Debt Per Capita 202
Schedule of Direct and Estimated Overlapping Debt 204
Ratio of Annual Debt Service Expenditures for General Obligation Debt to Total General
Governmental Expenditures and Other Uses 205
Utility Funds -Schedule of Revenue Bond Coverage 206
Total Bank Deposits 207
Construction Permits 208
Principal Taxpayers 209
Principal Utility Customers 21 o
Miscellaneous Statistical and Demographic Data 211
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INTRODUCTORY SECTION
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CITY OF COLLEGE STATION
March 25, 1994
Honorable Mayor
Members of the City Council
City of College Station, Texas
The Comprehensive Annual Financial Report of the City of College Station, Texas ("City"), for the
fiscal year ended September 30, 1993, is submitted herewith. This report was prepared by the City's
Accounting Divisio n of the Fiscal and Human Resource Department. Responsibility for the accuracy
of the presented data and the completeness and fai rness of the presentation, i ncl ud ing 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
understandi ng 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 i ncl u d es this transmittal letter, the City's
organizational chart and a list of principal elected and appointed o ffi ci als 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
i nfor mation , generally presented on a multi-yea r basis to allow for trend analysis of the finances of
the City.
The City is required to undergo an annual single a udit in conformity with the provisi ons of the Sing le
Audit Act of 1984 and U.S. Office of Management and Budget C i rcular 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 i nclud e police and fire protection; the construction and
maintenance of streets and infrastructure; municipal utilities in the areas of electric, water, sewer,
storm drainage, and solid waste collection and disposal; recreational activities and cultural events.
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.
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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 $562 million
annually to the local economy. Texas A&M University ranked in the top ten nationally among public
institutions in both enrollment and research grants for the school year beginning in September, 1993.
The University has approximately 19, 100 permanent and part-time employees and has a physical
plant valued in excess of $1.2 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, c hemicals, 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 Electroni c 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 1,000,000 sq uare foot 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 are Toys-R-Us and CineMark Theater, a new sixteen screen
theater. Both busi nesses opened late in 1993.
Brazos County and the City of College Station have become the major medical center for the Brazos
Valley area. Scott and White opened their first medical clinic in College Station in 1986 and began a
major expansion in 1993 that will increase 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 100 bed full service
hospital, and since then, two multi-sto ry 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-1980's, 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 1993 increased by approximately $62 million over
1992. 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 fifteen (15) well sites during
calendar 1993. The job market in College Station continues to be strong with Brazos County having
a net increase of approximately 700 jobs in 1993 over 1992 to approximately 66,300 total jobs. The
Bryan-College Station area has led the state and the nation with one of the lowest unemployment
levels for the past five years.
MAJOR INITIATIVES
The City continues to devote significant attention to the municipal infrastructure. General obligation
bonds in the amount of $2,000,000 are projected for issuance in 1994 for major street and parks
construction projects. Construction is underway for the widening and upgrading of Krenek Tap Road
to be completed by early 1994. A similar project is scheduled for Sebesta Road and is scheduled to
begin by mid 1994. The State of Texas has begun adding two lanes to Texas Avenue bringing the
roadway to a six lane divided thoroughfare. Utility relocation for this project is the responsibility of the
City and is currently underway. In addition to the widening project, the City is implementing its
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underground conversion for major electric utility facilities. The City also has an ongoing program to
reconstruct certain residential and minor collector streets . A priority listing of streets for
reconstruction was developed and an annual General Fund appropri ation of approximately $400,000
h as been devoted to the various residential reconstruction projects.
In May, 1990, the Cities of C ollege Station and Bryan joi ntly formed the Brazos Valley Solid Waste
Management Agency (BVSWMA). BVSWMA was formed in order to achieve economies of scale in
the joint operatio n and planning for a regional landfill facility. BVSWMA contracts with the City of
College Station to operate the landfill site. The Agency is beginnin g initial studies to locate a new
landfill site that is anticipated to have a life of up to 50 years. The agency i ntends 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 1997 and 2000.
The City issued $4.7 million in additional utility revenue bonds in May of 1993 to fund $3.7 million in
wastewater collection and treatment plant projects, and $1 million in electric distribution projects.
Wastewater projects include the upgrading of the City's Carter Creek wastewater treatment plant to
comply with new Environmental P rotection Agency and Texas Natural Resource Conservation
Commission treatment guidelines. Electric projects include system distribution additions and
underground conversion projects related primarily to the Texas Avenue widening project. Electric
and wastewater capital improvement projects are anticipated to require additional utility revenue bond
sales of up to $8.3 million in 1994.
Long Term. During fiscal 1990, the City entered i nto a contract with the Texas M unici pal Power
Agency (TMPA) cities. The City began receiving power under this contract on December 30, 1991.
Under the ter ms of the contract, the City contracted as a total requirements customer of the TMPA
cities. College Station's contract allows the City the opportunity to become a full partner in TMPA
when additional power generating facilities are required by the member cities.
TMPA was created in July, 1975, by concurrent ordinances of the Texas Cities of Bryan, Denton,
Garland, and Greenville pursuant to the Acts of the 63rd and 64th Legislature of Texas. Under
provision s of the Act, TMPA is a separate municipal corporation. In September, 1976, TMPA entered
into identical power s al es contracts with each of the cities for the purpose of obtaining the economic
advantages of jointly financing, constructing and operati ng large electric generating units and related
facilities to supply the cities' future electric requirements. TMPA operates the Gibbons Creek Steam
El ectri c Station , a lignite -fueled ge n erating plant located in Grimes County, Texas, with a net
generating capacity of 405 mW. The plant began commercial operation October 1, 1983.
The City has developed a three-year (FY94-96) 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 ap pr oxi m ately $65. 7 million, financed with the use of available funds on hand, revenues and the
issuance of $27.9 million in utility revenue bonds. A three-year capital improvements budget was
approved by the City Council as part of their deliberation on the fiscal 1993-94 budget.
A special election was held in December, 1990, for approval of General Obligation Bonds. The
electorate authorized the issuance of $4,500,000 in bonds for streets, traffic signalization and
sidewalk construction and $1,000,000 in bonds for park development. In December, 1991,
$3,500,000 of these bonds were iss ued for streets and parks projects that were targeted for
construction in 1992 and 1993. The remaining $2,000,000 of authorized bonds will be i ssued in fiscal
year 1994. The City has developed a process to identify the future capital needs in the areas of
streets, drainage, facilities, and parks. Future bond authorization elections w ill be required in order to
fund those projects.
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In May, 1992, it was announced that the George Bush Presidential Library would be located in
College Station on the Texas A&M ca mpus . When completed in 1997, the library is anticipated to
attract more than 400,000 visitor s per year. College Station has begun preparation for the Bush
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Library by placing additional emphasis in areas that will increase the appeal to visitors. Code
enforcement and work in bli ghted areas has become a priority. The City has adopted a
comprehensive streetscape plan to enhance the visual appeal of the community. A review of the
City's comprehensive plan is included in the FY 94 Budget to address the changi ng needs of the
community.
Economic development in College Station takes several forms. Tour is m is expected to continue to
play an important role in College Station's economy. In addition to continuing support for touris m, the
m aster plan for the College Station Business Park has been completed. The plan calls for developing
the Park in two phases. D etail plans are being developed for Phase I and construct ion is expected to
begin by the s umme r of 1994. 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.
The City completed Phase One of the Wolf Pen Creek Park in 1993 wi th the construction completion
and grand opening of the amphitheater, which was held in the spring of 1993. The deve lopment of
the master plan for this project began in 1 988 and, in addition to the amphitheater, will ulti mately
include lakes, trails, botanical gardens, and various publi c and private ventures in addition to the
amphitheater.
FINANCIAL INFORMATION
The City i s responsible for establishing and maintaining an inter nal control structure desi gned to
e nsure that the assets of the City are protected from loss, theft or misuse and to ensure that
adequate accounti ng data is c ompi led to allow for the preparation of financial statements in
conformity with generally accepted accounting princi ples. 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 esti m ates 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
r e l ated to federal financial assistance programs, as wel l as to determine that the City has complied
with appl ica ble laws and regulations. The results of the City's si ngle audit for the fiscal year ended
September 30, 1993, provided no significant violations of a ppl icable laws or regu latio ns rel ati ng to
fede ral financial assistance programs Of the City.
Budgetary Controls. The City maintains a system of budgetary controls. The objective of these
budgetary controls i s to ensu re compliance with legal provisi ons embodied in the annual budget
appropriati ons ordinance approved by the City Council. Activities of the General Fund, Debt Service
Fund, S pec ial Revenue Funds, Capital Projects Funds, Utility Enterprise Funds, and the Internal
Service Funds are included in the budget appropriations ordinance. The level of budgetary c ontrol,
that is t he level at which expenditures cannot legally exceed ap propri ations, is established at the
activity level by category wi thi n each individual fund. For example, expenditures cannot exceed
amounts budgeted for the control areas of personnel services, supplies, services, and capital outlay
within an activity level budget of a fund. The C ity 's Budget Office monitors expenditure activity on a
monthly basis against budgeted amounts and reports signif i cant variances to the City Manager. The
City conti nues to meet its responsibility for sound financial management .
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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 S eptember 30, 1993. Comparisons to the previous fiscal year have been included.
Fiscal Year Percent of
Revenue Source Ended 9L30/93 Total
General Fund Property Tax $1,627,228 7.84%
Sales and Mixed Drink Tax 7,995,877 38.52
Franchise Tax 407,168 1.96
Licenses and Permits 445,585 2.15
Fines and Penalties 893,649 4.30
Charges for Services 904,004 4.35
Transfer from Enterprise Funds
for Return on.Investment 4,266,504 20.55
Miscellaneous Revenues 800,690 3.86
Other Financing Resources 68,213 0.33
Debt Service Property Tax 3,351,369 16.14
Total Revenues and Other
Financing Sources $20,760,287 100.00°/0
Fiscal Year
Ended 9L30L92
$1,376,970
7,209,497
358,949
216,886
684,098
720,068
3,889,872
577,129
1,241,463
3,125,805
$1 9,400, 737
Increase
(Decrease)
$ 250,258
786,380
48,219
228,699
209,551
183,936
376,632
223,561
(1,173,250)
225,564
$1,359,550
The most significant increase in revenue. sources during 1993 was the increase in sales tax which
was up·in fiscal 1993 by 10.9% over.1992. This increase·wasthe result of the opening of several
new retail establishments during the fiscal year. These .numbers reflect the continued strength in the
commercial sector of the local economy. Fees relating to building and development activity were up
$78,940, or 105.4%, due to increased construction activity and significant increases in the fees.
Fines were also up $209,551, or 30.6%, over the previous year as a result of increased efforts in
collection and increased police enforcement. Parks programs continue to have increased
participation, and fee increases for both parks programs and ambulance services caused Charges for
Services revenues to increase by $183,936. Refunding of a short term debt instrume.nt in 1992
caused the decrease in 1993 in the Other Financing Resources category.
REVENUES BY SOURCE
GENERAL ANO DEBT SERVICE FUNDS
FISCAL YEAR 1993
Transfer in-lieu-of taxes
20.55%
$20, 760,287
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Property Tax
23.98%
Sales Tax & Mixed Drink
Tax
38.52%
Property taxes received during fiscal year 1993 were based on a tax levy of 41 .25 cents per $100 of
assessed valuation. Under Texas state statutes, assessed valuation represents 100% of market
value. The total assessed valuation of $1 , 188,556,991 represents a 5.5% increase from fiscal year
1992. The increase was caused by the completion of three major grocery outlets and 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 1993 1992 1991 1990 1989
General Fund $0.1350 $0.1225 $0.1325 $0.1600 $0.1400
Debt Service Fund 0.2775 0.2775 0.2675 0.2400 0.2400
Total Ad Valorem Tax
Rate $0.4125 $0.4000 $0.4000 $0.4000 $0.3800
General Fund and Debt Service Fund Expenditures. The following schedule presents a summary of
General Fund and Debt Service Fund expenditures for the fiscal year ended September 30, 1993.
Comparisons to the previous fiscal year are included.
Function
Current:
General Government
Police
Fire
Public Services
Parks and Recreation
Library Services
Less: Reimbursed
Administrative Costs
Other
Debt Service:
Principal
Interest and Fiscal Charges
Capital Outlay
Total Expenditures
Fiscal Year
Ended 9l30l93
$ 5,289,911
4,054,244
3,331,309
2,266,145
2,838,541
283,478
(2,843,580)
398,100
2, 111,906
1,396,999
412,314
$19,539,367
Percent of Fiscal Year Increase
Total Ended 9l30l92 (Decrease)
27.07% $ 4,934,782 $ 355,129
20.75 3,862,849 191,395
17.05 3,034,046 297,263
11.60 2,108,406 157,739
14.53 2,576,106 262,435
1.45 0 283,478
(14.55) (2,591,911) (251,669)
2.04 572,578 (174,478)
10.80 3,332,876 ( 1, 220, 970)
7.15 1,510,729 (113,730)
2.11 329,269 83,045
100.00% $19,669, 730 $ (130,363)
Expenditure changes in general government operations tend to result from increases in personnel
costs from year to year and from policy changes. None of the increases are due to a general area
being over authorized expenditure levels. The vast majority of the $355, 129 increase in General
Government activities was due to increased salary and benefit costs. The Police Department's
$191,395 increase in 1993 over 1992 is due to increased personnel, supplies and other purchased
services. The increase in costs of $297,263 for the Fire Department is due to personnel, supplies
and other purchased services. The increase in the Public Services Department expenditures is
essentially due to a carryover of a residential street reconstruction project from fiscal 1992. The
Parks and Recreation Department's. expenditures increase is primarily due to increased personnel
costs and supplies as well as the additional operations of the Wolf Pen Creek Amphitheater
completed during 1993. Library Services show up as an additional cost center for 1993 and have
been taken out of general government. Reimbursed Administrative Costs are associated with
services provided to other funds within the City and the increase is related primarily to General
Government activities. The category listed as Other is used to account for non-departmental
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expenditures and the reduction is the result of first year start-up costs for the Fleet Replacement
Fund that occurred in fiscal 1992. The $1 ,220 ,970 reduction in debt service principal payments can
be attributed to a refunding of a short term debt instrument that occurred in fiscal 1992. The
reduction in interest is due to a net reduction in total outstanding debt of the general government.
Capital outlay tends to vary annually based on the particular needs within a fiscal year.
EXPENDITURES BY FUNCTION
GENERAL AND DEBT SERVICE FUNDS
FISCAL YEAR 1993
$19,539,367
Debt Service 17.96%
Library Services 1.45%
Parks and Recreation
14.53%
Public Service 11.60%
Capital General Government
Outlay 2. 11 % (Net of Reimbursement)
12.52%
Public Safety 37.80%
Other 2%
General Fund Balance. The unreserved fund balance of the General Fund increased by $946,574 in
1993. This is a 37.9% increase over fiscal 1992 and provides the City with a total fund balance which
is equivalent to approximately 71 days of expenditures. The City Council policy on reserve levels
requires that the undesignated fund balance be at least equal to 15% of the next years net budgeted
expenditures. The undesignated fund balance of $3,442,033 is approximately 19.5% of fiscal 1994
net budgeted expenditures.
Utility Funds. The City of College Station operates electric, water, sewer, and solid waste services
for the benefit of the citizens. The City purchases 100% of its electric power requirement from the
Texas Municipal Power Agency (TMPA) cities. Under the terms of the contract with TMPA, the City
will be considered for participation as an equal member when TMPA and its member cities require
additional generation facilities. The City is served through three 138 kVA transmission lines tied to a
ring bus at the City switching station, two substations, and 21 O miles of distribution lines.
Since 1981, 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 15.6 million gallons per day, and a delivery system of 14 miles
of 30-inch diameter pipeline with two pumping stations.
Sewer treatment is provided to the community through two wastewater treatment plants. The Carter
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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 which came on-line during 1988, 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.
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. The Solid Waste
Collection Fund shows an operating loss of $24,234 due to expensing some previously capitalized
expenditures in BVSWMA. The fund is still sound with $1 ,398, 704 in net retained earnings and cash
and liquid investments of $281 , 154. The fiscal year 1993 loss is an improvement of $460,812 over
fiscal year 1992 when the service booked a $485,046 loss. The gain is due to rate adjustments for
residential and commercial customers as well as customer growth.
Summary financial information of the combined utility enterprise operations for the fiscal year ended
September 30, 1993, with comparison to the previous fiscal year, is as follows:
Operating Revenues:
Electric
Water
Sewer
Solid Waste Collection
Other
Operating Expenses:
Wholesale Purchased Power
Salaries and Benefits
Supplies, Maintenance and Services
Reimbursed Administrative
Depreciation
Other
Nonoperating Revenues (Expenses):
Interest Earnings
Interest Expense
Other, Net
Operating Transfers In
Transfer to General Fund for Return of Investment
Extraordinary Loss on Refunding
Net Income
Fiscal Year
Ended 9L30L93
$28,464,801
5,734,669
4,587,982
2,570,879
897,823
19,334,322
4,279,075
4,380,358
3,038,017
2,491,265
44,291
1,127,629
(2, 118,495)
(101,827)
1,950
(4,268,454)
(129,938)
$ 3,199,691
Fiscal Year
Ended 9L30L92
$27,320,323
5,190,561
4,251,124
1,907,028
794,321
18,637,583
4,057,429
3,759,369
2,795,476
2,246,591
181,519
1,336,480
(2,310,279)
(307,751)
0
(3,889,872)
0
$ 2,613,968
Utility Billing Fund. The Utility Billing Fund, financed with user charges from the utility operating
funds, was authorized in the 1989 budget. Formerly, this activity was accounted for as part of the
General Fund. Utility Billing is responsible for meter reading, billing, and collections for more than
20,000.electric, water, sewer and solid waste collection accounts. During fiscal year 1993, this fund
recorded net income of $166,030, an increase of $119, 104 over the $46,926 net gain in fiscal year
1992.
- 10 -
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 integrity of the
plan. The plan is funded through monthly premiums of $150 paid by operating departments for each
employee and $175 monthly paid by employees electing dependent coverage. During fiscal 1993,
the plan had a net income of $31,991, as compared to a net income of $42,279 in fiscal 1992. Cost
containment measures continue to be implemented as well as increases in premiums in order to bring
the fund into self-sufficiency.
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 increase of $32,747
in retained earnings for 1993 as compared to a net income of $39,542 in 1992.
Unemployment Fund. The City's unemployment fund is a fully self insured fund used to account for
expenses related to claims from persons who become unemployed. The fund's revenues are derived
from premiums based on 0.5% of salaries paid during a fiscal year. Net income for 1993 was
$29,299 versus $62,869 in 1992. '
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 1993 was $74,514 and provided retained earnings of $4,578
after a net loss of $26,447 in 1992.
Fleet Replacement Fund. The Fleet Replacement Fund was established as of October 1, 1991. The
revenues of the fund are derived as rents charged the departments for the various pieces of
equipment used. The intent of the fund is to allow the City to maintain a safe and useful fleet of
motorized equipment. Net income of the fund was $806,177 for 1993 versus $1,285,745 for 1992.
The greater net income in 1992 was due to assignments to create equity for startup of the fund.
Landfill Fund. The landfill operations of the City are paid for by contract with the Brazos Valley Solid
Waste Management Agency (BVSWMA) as referred to above. The contract calls for the City to
recover all costs associated with providing the services offered by the Landfill Operations Division.
This activity is not intended to be revenue generating for the City; therefore, the operating margin is
monitored in order to attempt to maintain retained earnings at a very low level. Net income for the
fiscal year ended September 30, 1993, was $46,500 which increased total retained earnings to
$83,934.
Debt Administration. As of September 30, 1993, the City had a total of $19,593,716 in General
Obligation Bonds, Certificates of Obligation, Contract Obligations and other debt relating to
Governmental Fund types. That debt of $359 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 $26, 102,815 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.
-11 -
In 1 988, the City began separating investment activities from the traditional banking services.
Regular banking services are handled under a three-year depository agreement effective October 1 ,
1991 with First American Bank. The City currently invests funds in the full range of investments
allowable under state law. Accounts have been established with major 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, 1993, the City's investment portfolio consisted of the following:
Bank Demand Accounts
State Investment Pool
Insured Certificates of Deposit
U.S. Government Obligations
Government Agency Notes
TOTAL
$ 509,700
5,730,11g
50,000
18,150,249
4,991,162
$29,431,290
The City earned $2, 161,900 on an average investment balance of approximately $29.2 million, a rate
of return of 7.40%, for the year ended September 30, 1993. Compared to prior years' earnings and a
market benchmark, the City's investment yield was:
9.00% 8.34%
8.00%
7.00%
6.00%
$.00%
4.00%
3.00%
2.00%
1 .00%
0.00%
1991 1991
Actual 10-Blll
Index
RATES OF RETURN
1992 1992
Actual 10-Blll
Index
1993 1993
Actual lO�Bill
Index
Investment results on the portfolio are compared to The Public Investor 10 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 $131,753 were added to investment income, fiscal
1993 rate of return was approximately 7.86%.
. 12.
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 Old
Republic Insurance Company. 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.
OTHER INFORMATION
I ndeoendent 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 for the fiscal year ended September 30, 1992. 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 eleven of the last twelve years. We believe our current report
continues to conform to the Certificate of Achievement program requirements, and we are submitting
it to 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 cond ucting 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,
Ron Ragland
City Manager
. 13.
_/d-/�}/
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, 1992
A Certificate of Achievement for Excellence in Rnancial
Reporting is presented by the Government Rnance Officers
Association of the United States and Canada to
government units and public empioyee retirement
systems whose comprehensive annual financial
reports (CAFRs) achieve the highest
standards in government accounting
and financial reporting.
President
Jlfh-ot<�:,�
Executive Director
-14-
APPOINTED BOAROS
EXECUTIVE DIRECTOR
FISCAL/HUMAN RESOURCES
FINANCE
BUDGET & EVALUATION
ACCOUNTING/PAYROLL
PURCHASING
HUMAN RESOURCES
RISK MANAGEMENT
MUNICIPAL COURT
CITIZENS OF COLLEGE STATION
MAYOR AND
CITY COUfllCI L
MUNICIPAL JUDGE CITY ATTORNEY
CITY MANAGER
ASSISTANT CITY MANAGER ASSISTANT CITY MANAGER
COMMUlllTY SERVICES GROUP OPERATIONS GRQJP
POLICE PUBLIC UTILITIES
FIRE TECHNICAL SERVICES
DEVELOPMENT SERVICES ELECTRIC SERVICES
PUBLIC SElVICES WATER UTILITIES
FLEET SERVICES WASTEWATER UTILITIES
SOLID WASTE COLLECTION PARKS & RECREATION
LAND FILL OPERATION
-15 -
CITY SECRETARY
EXECUTIVE DI
MANAGEMENT SERV
PUBLIC RE LATIONS/
MARKETING
MANAGME NT INFORMATION
UTILITY BILLING SERVICES
FACILITIES MAINTENANCE
ENERGY MANAGEMENT
LIBRARY
Elected Officials :
CITY OF COLLEGE STATION. TEXAS
PRINCIPAL CITY OFFICIALS
SEPTEMBER 30, 1993
M ayor ............................................................................................... ; ........ Lar ry J. R inger
Council Members ....................................................................................... Fred H. Brown
......................................................................................................... Vernon E.Schneider
.................................................................................................................. David Hickson
................................................................................................................... Nancy Crouch
............................................................................................................. Hubbard Kennady
............................................................................................................ Lynn R. Mcllhaney
City Administration:
City Manager ................... ; ........................................................................... Ron Ragland
Assistant City Manager for
Community Services Group .............................................................. Thomas E. Brymer
A$sistant City Manager for Operations Group ........................................... John C. Woody
Executive Director for Management Services Group .............................. LindaS. Piwonka
Executive Director for Fiscal
and Human Resources Group .............................................................. Glenn Schroeder
Director of Development Services ................................................................. Elrey B. Ash
Fire Chief ............................................................................................ William L. Kennedy
Director of P arks and Recreation ............................... , ......................... Stephen C. Beachy
Personnel Director ............................................................................... Karen N. Pavlinski
Police Chief .......................................................................................... Edgar .R. Feldman
Acting Director of Public Services .................................................................... Mark Smith
City Attorney ........................................................................................... Catherine Locke
City Secretary ......................................................................................... Connie L. Hooks
16.
Fl NANClAL.SECTION
-17 -
-
1
8
-
James D. Ingram, III
Thomas A. Wallis
Agnes L. Bennett
Judith W. Childs
James D. Ingram, IV
Richard L. Webb
Sharon L. Pechal
Wendi M. Stratta
Pu-Yu (Peggy) Wang
Joan M. Voneiff
Diane E. Kruse
INGRAM, WALLIS & COMPANY
A PROFESSlONAL CORPORATlON
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
TELECOPlER (409) 774-7759
We have audited the accompanying general purpose financial
statements of the City of College Station, Texas ("City"), as of
September 30, 1993, and for the year then ended, 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. 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 of College Station, Texas, as of September 30,
1993, and the results of its operations and the cash flows of its
proprietary and similar trust fund types for the year then ended in
conformity with generally accepted accounting principles.
-19 -
Our audit was made 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 of College Station, Texas. Supplemental financial
information is also the responsibility of the City's management.
Such supplemental financial information has been subjected 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 29, 1994
- 20-
- 21 -
CITY OF COLLEGE STATION, TEXAS
COMBINED BALANCE SHEET--ALL FUND TYPES AND ACCOUNT GROUPS
SEPTEMBER 30, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
Govern•ental Fund T)c'.(!es
Special Debt
General Revenue Service
Assets and Other Debits
Assets:
Equity in Cash and Cash Equivalents (Note 2) $ 791,275 $ 206,083 $ 191,408
Equity in Invest•ents (Note 2) 2,805,429 760' 701 678,627
Receivables:
Accrued Interest 131,815 34,600 30' 105
Grants 36,870 100,281 0
Letter of Credit 25,000 25,425 0
Accounts 220,643 10,469 0
Special Assess•ents 143,250 0 0
Delinquent Property Taxes (Note 3) 86,123 0 238,562
State Sales Tax (Note 1) 644,347 0 0
Notes and Loans (Note 4) 52,943 219,870 495,279
Other 141,971 0 0
Less Allowance for uncollectible Accounts (296,299) (1,377) 0
Interfund Receivable (Note 17) 0 0 0
Inventories 156,405 0 0
Prepaid Costs 13,618 0 0
Restricted Assets:
Equity in Cash and Cash Equivalents (Note 2) 7,484 0 0
Equity in Invest•ents (Note 2) 76,532 0 0
Receivables:
Accrued Interest 3,900 0 0
Accounts 1. 125 0 0
Special Assess•ents 0 0 0
Note Receivable fro• Joint Venture 0 0 0
Equity in Joint Venture (Note 13) 0 0 0
Advance to Other Funds (Note 17) 0 0 0
Deferred Charges, Net (Note 19) 0 0 0
Property and Equip•ent, Net (Note 5) 0 57,500 0
Other Debits:
A•ount Available for Retire•ent of
Bonded Indebtedness 0 0 0
A•ount to be Provided for:
Accrued vacation Leave 0 0 0
Retirement of Bonded Indebtedness 0 0 0
Total Assets $51042,431 $1,413,552 $1 ,633,981
• 22.
Capital
Pro j ects
$ 856,998
3, 166,465
143,418
28,423
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
D
0
0
0
0
0
$4,195,304
Proprietar� Fund T�pes Account Groups Totals
{Me•orandu• Onl:t'.}
Internal General General Long-
Enterprise Service Fixed Assets Ter• Debt 1993 1992
$ 1,928,078 $ 593' 115 $ 0 $ 0 $ 4,566,957 $ 1,656,930
7,123,929 2, 191,464 0 0 16,726,615 17 ,659,917
436, 187 95,438 0 0 871,563 564,666
0 0 0 0 165,574 527,843
0 0 0 0 50,425 50,425
5,441,623 162,674 0 0 5,835,409 5, 110,393
4,794 0 0 0 148,044 206,403
0 0 0 0 324,685 363,933
0 0 0 0 644,347 571,689
0 0 0 0 768,092 830,276
461 ,451 0 0 0 603,422 788,215
(549,825) (2,425) 0 0 (849,926) (964,333)
163,922 0 0 0 163,922 153 ,393
1,490,215 0 0 0 1 ,646,620 1,368,932
3,210 4, 165 0 0 20,993 21,372
1, 715,438 0 0 0 1,722,922 447,961
6,338,264 0 0 0 6,414,796 9,550,747
189,516 0 0 0 193,416 191,345
51,567 0 0 0 52,692 52,926
1,865 0 0 0 1,865 0
758,599 0 0 0 758,599 836,819
295,597 0 0 0 295,597 350,038
1,004,357 0 0 0 1,004,357 1,168,279
401,530 0 0 0 401,530 262,530
62,619,565 1,264,067 55' 670' 181 0 119,611,313 112,888,558
0 0 0 871,871 871,871 830,953
0 0 0 579,331 579,331 568,482
0 0 0 1811421514 1811421514 2012951251
$89,8791882 $41308,498 $55,6701181 $1915931716 $1811737,545 $17613531943
The notes to the general purpose financial state•ents are an integral part of this state•ent.
(Continued)
-23-
CITY OF COLLEGE STATION. TEXAS
COMBINED BALANCE SHEET--ALL FUND TYPES AND ACCOUNT GROUPS
SEPTEMBER 30, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
(Continued)
Govern•ental Fund T:t:2es
Special Debt
General Revenue Service
Liabilities, Equity and Other Credits
Liabilities:
Accounts Payable $ 293 ,016 $ 17 ,479 $ 4' 134
Retainage Payable 15,836 17,060 0
Interfund Payable (Note 17) 0 0 0
Refundable Deposits 2, 775 13,832 0
Claims Payable 0 0 0
Obligation Under Capital
Lease--Current (Note 12) 0 0 0
Accrued Liabilities 315,048 5,456 24' 135
Custo•er Construction Advances 18' 190 0 0
Other Deferred Revenues 456,868 219,990 733,841
Liabilities Payable fro•
Restricted Assets:
Accounts Payable 0 0 0
Accrued Interest Payable 0 0 0
Retainage Payable 0 0 0
Refundable Deposits 0 0 0
Revenue Bonds (Note 6) 0 0 0
General Obligation Bonds (Note 6) 0 0 0
Certificates of Obligation (Note 6) 0 0 0
Miscellaneous Accrued Liabilities 0 0 0
Long-Ter• Debt (Note 6):
Revenue Bonds 0 0 0
Una•ortized Pre•iu• on Bonds 0 0 0
General Obligation Bonds 0 0 0
Certificates of Obligation 0 0 0
Obligation Under Capital Lease (Note 12) 0 0 0
Advances fro• Other Funds (Note 17) 0 0 0
Accrued Vacation 0 0 0
Total Liabilities 11101.733 2731817 7621110
Equity and Other Credits:
Contributed Capital 0 0 0
Invest•ent in General Fixed Assets 0 0 0
Retained Earnings (Deficit):
Reserved (Note 15) 0 0 0
Unreserved 0 0 0
Fund Balances:
Reserved (Note 15) 408,579 375,511 871,871
Unreserved:
Designated for Subsequent
Years• Expenditures 90,086 360,281 0
Undesignated 31442.033 403.943 0
Total Equity and Other Credits 319401698 111391735 8711871
Total Liabilities, Equity and Other Credits $510421431 $114131552 $116331981
- 24 •
Capital
Projects
$ 674,628
72 '545
0
0
0
0
373
50,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7971546
0
0
0
0
1'162 ,837
1,524 ,593
710.328
313971758
$411951304
Proerietar� Fund T�ees Account Groues Totals
{Me•orandu• Onl�}
Internal General General Long-
Entererise Service Fixed Assets Ter• Debt 1993 1992
$ 3,120,809 $562,386 $ 0 $ 0 $ 4,672,452 $ 4,989,215
4,793 17 ,045 0 0 127,279 97,495
163,922 0 0 0 163,922 153,393
0 0 0 0 16,607 13,673
0 473,910 0 0 473,910 478,098
494,221 0 0 0 494,221 451,982
329,026 20,784 0 0 694,822 614,133
32,407 0 0 0 100,597 24,004
2,626 0 0 0 1,413,325 1,483,758
275,524 0 0 0 275,524 282,524
397,537 0 0 0 397,537 331,986
189,846 0 0 0 189,846 128,327
1,834,449 0 0 0 1,834,449 1,898,082
2,335,000 0 0 0 2,335,000 2,375,000
378,955 0 0 0 378,955 370,795
26,200 0 0 0 26,200 26,200
22 0 0 0 22 0
21,835,000 0 0 0 21,835,000 19,355,000
8, 149 0 0 0 8, 149 0
1,396,660 0 0 19,014,385 20,411,045 22,879,205
131,000 0 0 0 131,000 179,814
1,332,257 0 0 0 1,332,257 1,826,479
1,004,357 0 0 0 1,004,357 1,168,279
1601902 471724 0 5791331 787.957 7681381
351453,662 1,121,849 0 1915931716 59, 1041433 5918951823
10,323,028 381'137 0 0 10, 704' 165 10,674,671
0 0 55,670, 181 0 55,670, 181 52,532, 161
15,135,172 0 0 0 15,135,172 15' 180' 091
28,968,020 2,805,512 0 0 31,773,532 27,341,664
0 0 0 0 2,818,798 1,956,788
0 0 0 0 1,974,960 5,187,410
0 0 0 0 415561304 315851335
5414261220 31186.649 55.6701181 0 122.6331112 116 I 4 58 I 120
$89.8791882 $4,308,498 $55 ! 670 ! 181 $19,593,716 $181,7371545 $176,353,943
The notes to the general purpose financial state•ents are an integral part of this state•ent.
-25 -
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, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
Totals
(Me111orandu111 Only)
Revenues:
Taxes
Licenses and Permits
Grants
Charges for Services
Fines, Forfeits, and Penalties
Special Aasea .. ents
Interest on lnvest111ents
Rents and Royalties
Loan Repay•ents
Interest on Loans
Contribution•
Re.t.bursed Expenses
Other
Total Revenues
Expenditures:
Current:
General Govern•ent
Fiscal and Hu•an Resources
C01111unity Services:
AdMiniatration
Police
Fire
OevelopMent Services
Parks
Public Services
... nag .. ent Services
Library Services
Housing Rehabilitation
Reimbursed AdMinistrative
Salaries and Benefits
Supplies
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Special Progra111s and Projects
Public Agency Funding
Contributions
Inter.t. Assistance
Inventory AdjustMent
Subrecipient Projects
Clearance
Other
General
$10,030,273
445,585
39,720
904,004
893,649
58,358
342,992
50,919
10,837
0
12,225
4,488
82,697
723, 721
1,539,352
143,412
... �.244
3,331,309
1,476, 181
2,838,541
2,266, 145
1,407,245
283,478
0
(2,843,580)
0
0
0
0
0
46,528
202,289
0
0
11,660
0
0
137,623
Special
Revenue
$1, 100,815
0
789,692
0
827
0
59, 799
85,352
9,432
9,059
67,300
0
26,668
2, 148,944
0
0
0
0
0
0
0
0
0
0
360,629
448,816
18,884
35,787
47,728
3,876
86,870
0
664,747
25,000
5, 148
0
0
16,249
Debt
Service
$3,351,369
0
0
0
0
0
131,1574
0
66, 777
0
0
0
3
0
0
1,«9
(Continued)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-26-
Capital
Projects
$ 0
0
90,841
0
0
40,000
268,942
0
0
0
26,991
0
0
0
0
0
0
0
0
0
0
0
0
0
200,506
0
0
0
0
0
0
0
0
0
0
0
0
22,022
1993
$14,482,457
445,585
920,253
904,004
894,476
98,358
803,407
136,271
87,046
9,059
106,516
4,488
109 ,368
19,001,288
723, 721
1,539,352
143,412
4,054,244
3,331,309
1,476, 181
2,838,541
2,266, 145
1,407,245
283,478
360,629
(2, 194,258)
18,884
35,787
47,728
3,876
86,870
46,528
867 ,036
25,000
5, 148
11,660
0
16,249
161,094
1992
$13,201, 777
216,886
1,267,597
720,068
684,733
<4,682
933,334
119,841
71,524
8,908
102,167
4,035
72,442
17,407,994
668,230
1 ,435,226
130,863
3,862,849
3,034,046
1,265,213
2,576, 106
2, 108,406
1,435,250
0
368,596
(1,974,888)
0
0
0
0
0
234, 129
685,850
0
3,155
0
5,056
14,954
381,026
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, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
(Continued)
Capital Outlay
Debt Service:
General
$ 412,314
Principal Retirement O
Interest Payments O
Fiscal Charges O
Bond Issuance Costs O
Total Expenditures 16,030,462
Excess (Deficiency) of Revenues
Over (Under) Expenditures (3,154,715)
Other Financing Sources (Uses):
Proceeds frOll Long-Term Debt (Note 6) 0
Sale of General Fixed Assets 68,213
Operating Transfers In (Note 11) 4,266,504
Operating Transfers Out (Note 11) 0
Total Other Financing Sources (Uses) 4,334,717
Excess (Deficiency) of Revenues and
Other Financing Sources (Uses) Over
(Under) Expenditures and Other Uses 1,180,002
Fund Balances, October 1 2,760,696
Fund Balances, September 30 $ 3,940,698
Special
Revenue
$ 64,038
0
0
0
0
1!779,221
369,723
0
0
0
(238,694)
(238,694)
131,029
1,008.706
$1!1391 735
$
Debt
Service
0
2,111,906
1,390,017
6,982
0
3, 508,905
40,918
0
0
0
0
0
40,918
830,953
$ 871 ,871
Capital
Projects
$ 3, 174,360
0
0
0
0
3,396,888
(2,970,114)
0
0
425,251
(186,557)
238,694
(2,731,420)
6, 129, 178
$ 3,397,758
The notes to the general purpose financial statements are an integral part of this statement.
-27-
Totals
(Memorandum Only)
1993
$ 3,650,712
2,111,906
1,390,017
6,982
0
24, 715,476
( 5 J 714 ! 188)
0
68,213
4,691,755
(425,251)
4,334,717
1992
$ 2,900,654
3,332,876
1,501,601
9,127
62,395
24,040, 720
(6 ,632, 726)
4,625,275
57,519
4,219, 769
(329,897)
8,572,666
(1,379,471) 1,939,940
10, 729,533 8, 789,593
$ 9,350,062 $ 10,729,533
Revenues:
Taxes
Licenses and Permits
Grants
Charges for Selvices
Fines, Forfetts. and Penalties
Special Assessments
Interest on Investments
Rents and Royalties
Loan Repayments
Interest on Loans
Contributions
Reimbursed Expenses
Other
TOO!I Revenues
Expendttures:
Current:
General Government
Fiscal and Human Resources
Community Services:
Administration
Police
Fire
Development Services
Parks
Public Services
Management Services
Library Services
Nondepartmental:
Housing Aehabilttation
Reimbursed Administrative
Special Programs/Projects
Public Agerq Funding
Interim Assistance
Clearance
Code Enforcement
Contributions
Other
Capital Outlay
Expected Expendtture Savings
Contingency
Detx Selvice:
Principal
Interest and Fiscal Charges
Bond Issuance Ccm
T ctal Expenditures
Excess (Deficiency) d Revenues Over
(Under) Expenditures
Other Financing Sources (Uses):
Proceeds from LongTerm Debt Issuance
Premium on Bonds Sold
Operating Transfers In
Operating Transfers Out
Sale d General Fixed Assets
Taal Other Financing Sources (Usesj
Excess (Deficiency) d Revenues Over
(Under) Expenditures and Other
Financing Sources (Uses)
Fund Balances, October 1
Fund Balances, September 30
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, 1993
General Fund
Variance
Favorable
� � IUnfayorabfel �
$9,680,624 $10,030,273 $349,649 $1,060,000
223,000 445,585 222,585 0
38,000 39,720 1,720 1,507,879
735,616 904,004 168,388 0
706,000 893,649 187,649 0
5,000 58,358 53,358 0
236,203 334,206 98,003 25,000
48,550 50,919 2,369 65,100
0 10,837 10,837 0
0 0 0 0
1,219 12,070 10,851 0
0 4,488 4,488 0
40,080 74,143 34,063 21,500
11,714,292 12,858,252 1,143,960 2,679,479
733,071 737,075 (4,004) 0
1,677,606 1,581,534 96,072 0
139,334 143,412 (4,078) 0
4,253,708 4,103,445 150,263 0
3,396,688 3,394,081 2,607 0
1,728,051 1,585,575 142.476 0
3,019,193 2,921,269 97,924 0
2,662,160 2,270,357 391,803 0
1,565,125 1,477,043 88,082 0
325,307 323,478 1,829 0
0 0 0 566,930
(2,944,852) (2,943,450) (1,402) 518,325
59,786 50,336 9,450 214,690
202,300 202,289 11 672,377
0 0 0 30,148
0 0 0 28,148
0 0 0 0
0 0 0 0
0 (138) 138 0
0 0 0 543,079
(685,000) 0 (685,000) 0
310 0 310 1,693
0 0 0 0
0 0 0 0
0 0 0 0
16,132,787 15,8"6,306 286,481 2,575,390
(4.418,495) (2,988,054) 1,430,441 104,089
0 0 0 0
0 0 0 0
4,266,504 4,266,504 0 0
0 0 0 (399,759)
20,000 68,213 48,213 0
4,286,504 4,334,717 48,213 (399,759)
(131,991) 1,346,663 1,478,654 (295,670)
3,109,761 2,967,089 (142,672) 701,453
$2,977,770 $4,313,752 $1,335,982 $405,783
.29 ..
Special Revenue Funds
Variance
Favorable
Aa (l,!nflfQ:B}
$1,100,815 $ 40,815
0 0
789,692 (718, 187)
0 0
827 827
0 0
59,799 34.799
85,352 20,252
9,432 9,432
9,059 9,059
67,300 67,300
0 0
26,668 5,168
2,148,944 (530,535)
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
360,629 206,301
448,816 69,509
193,145 21,545
664,747 7,630
5,148 25,000
16,249 11,899
0 0
25,000 (25,000)
1,449 (1,449)
64,038 479,041
0 0
0 1,693
0 0
0 0
0 0
1,779,221 796,169
369,723 265,634
0 0
0 0
0 0
(238,694) 161,065
0 0
(238,694) 161,065
131,029 426,699
1,008,706 307,253
$1,139,735 $ 733,952
Oe!X Service Fund capital Projeds Funds
Variance Variance
favorable Favorable
� � lUnfavorab!el � &1YS!I {Ynfavorable}
$3,296,590 $3,351,369 $54,779 $ 0 $ 0 $ 0
0 0 0 0 0 0
0 0 0 269,500 90,841 (178,659)
0 0 0 0 0 0
0 0 0 0 0 <>
0 0 0 0 40,000 40,000
167,737 131,674 (36,063) 248,800 268,942 20,142
0 0 0 0 0 0
oo,m 00,777 0 0 0 0
0 0 0 0 0 0
0 0 0 0 26,991 26,991
0 0 0 0 0 0
0 3 3 0 0 0
3,531,104 3,549,823 18,719 518,300 426,774 (91,526)
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 0 247,198 200,506 <46,692
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 22,022 (22.022)
0 0 0 10,124,700 3,174,360 6,950,340
0 0 0 0 0 0
0 0 0 250,000 0 250,000
2,273,137 2,111,906 161,231 0 0 0
1,620,517 1,390,017 230,500 0 0 0
5,000 6,982 (1,982) 0 0 0
3,898,654 3,508,905 389,749 10,621,898 3,396,888 7,133,484
(367,550) 40,918 408,468 (10, 103,598) (2,970, 114) 7,316,537
0 0 0 4,347,700 0 (4,347,700)
0 0 0 0 0 0
6,637 0 (6,637) 393,122 425,251 32,129
0 0 0 0 (186,557) (186,557)
0 0 0 0 0 0
6,637 0 (6,637) 4,740,822 238,694 (4,502, 128)
(360,913) 40,918 401,831 (5,362, 776) (2. 731,420) 2,631,356
591,589 830,953 239,364 5,741,302 ' 6,129,178 387,876
$ 230,676 $ 871,871 $641,195 $ 378,526 $3,397,758 $3,019,232
The notes to the general purpose financial statements are an integral part of this statement.
-29 -
CITY OF COLLEGE STATION, TEXAS
COMBINED STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
ALL PROPRIETARY FUND TYPES
For the Fiscal Year Ended September 30, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
Operating Revenues:
Charges for Services
Pre•iu•s
Other
Total Operating Revenues
Operating Expenses:
Purchased Power (Note 8)
Salaries and Benefits
supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Clai1s
Administration Fees
Pre1iu1s
Rei1bursed Ad•inistrative
Depreciation and A1ortization
Other
Total Operating Expenses
Operating Inco1e
Nonoperating Revenues (Expenses):
Interest Earnings
Rei1bursed Expenses
Contributions
Earnings in Joint Venture (Note 13)
Interest Expense
Other, Net
Total Nonoperating Revenues (Expenses)
Income Before Operating Transfers
$
Enterprise
41,358,331
0
897,823
42,256,154
19,334,322
4,279,075
395,937
881,877
467,297
1,812,600
822,647
0
0
0
3,038,017
2,491,265
44,291
33,567,328
8,688,826
1,127,629
170,771
0
(54,441)
(2,118,495)
(218,157)
(1 ! 092 ! 693 )
7,596,133
(Continued)
- 30-
Totals
(Memorandu•
Internal
Service 1993
$ 3, 778, 113 $ 45,136,444
2,483,634 2,483,634
0 897,823
6,261,747 48,517,901
0 19,334,322
1,198,376 5,477 ,451
143 ,317 539,254
147,574 1,029,451
585,300 1,052,597
41,774 1,854,374
109,398 932,045
1,530,319 1,530,319
108,393 108,393
592,949 592,949
549,069 ·3,587,086
273,575 2,764,840
23,849 68, 140
5,303,893 38,871.221
957,854 9,646,680
230,864 1,358,493
0 170,771
0 0
0 (54,441)
0 ( 2' 118' 495)
(1,460) (219,617)
229,404 (863,289)
1,187,258 8,783 ,391
Onl�}
1992
$ 41,980,501
2,368,844
794,321
45,143,666
18,637,583
5, 195 ,881
446,613
688,413
472,832
1,660,614
831,875
1,307,812
118, 723
587,880
3, 196,564
2,414,435
181 ,994
35,741,219
9,402,447
1,444,518
92' 196
1,530
19,807
(2,317 ,887)
(429,591)
(1I189,427)
8,213,020
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, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
(Continued)
Totals
{Me•orandu• Onl�}
Internal
Enterprise Service 1993
Operating Transfers:
Operating Transfers In $ 1,950 $ 55,480 $ 57,430 $
Operating Transfers Out (4,268,454) (55,480) (4,323,934 )
Total Operating Transfers (4,266,504) 0 (4,266,504)
Inco•e Before Extraordinary Ite• 3,329,629 1, 187,258 4,516,887
Extraordinary Ite•-Loss on Refunding (Note 6) (129,938) 0 (129,938)
Net Inco•e 3, 199,69 1 1,187 ,258 4,386,949
Retained Earnings, October 1 40 ,903,501 1,618,254 42,521.755
Retained Earnings, Septe•ber 30 $ 4 411 031192 $ 218051512 $ 4619081704 $
The notes to the general purpose financial state•ents are an integral part of this state•ent.
- 31 -
1992
0
(3,889,872)
(3,889,872)
4,323'148
0
4,323'148
38, 198,607
4215211755
CITY OF COLLEGE STATION. TEXAS
COMBINED STATEMENT OF CASH FLOWS
ALL PROPRIETARY FUND TYPES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
(With Comparative Totals for the Fiscal Year Ended September 30, 1992)
Tcials
(Memorandum Only)
Enterprise Internal Service
Ft.rtds Ft.rtds 1993
Cash Flows from Operating Adivilies:
Cash ReoeiYed from Customel's $41,725,568 $6,121,875 $47,847,443'
Cash Payments to Suppliers for Goods and Services (28,261,750) (3,379,924) (31,641,674)
Cash Paymerts to Employees for Services (4,235,296) (1, 192,049) (5,427,345)
Cash OistribWon from Joint Venture 0 0 0
Customer Deposits Received 889,240 0 889,240
Customer Deposits Returned (952.873) 0 (952,873)
Cash AeceiYed for Reimbursed Expenses 108,392 0 108,392
Cash Received from Sale d Scrap 18,633 0 18,633
Cash Received from Collection Fees 6,525 0 6,525
Cash Received from Mineral leases 9,515 0 9,515
Cash Received from Miscellaneous Revenues 211,768 0 211.768
Cash Paid for Special Projects (49,418) 0 (49,418)
Cash Paid for Misoellaneous Expenses (11,737) 0 (11.737)
Net Cash Pr<71ided by Operating Activities 9,458,567 1,549,902 11,098,469
Cash Flows from Noncapital Financing Activities:
Principal Received on Nae 78,220 0 78,220
Interest RealiYed on Nae 62,852 0 62,852
Principal Received on� to Other Funds 153,393 0 153,393
Interest Received on AtNart:l:3 to Other Funds 86,635 0 86,635
Operating Transfers In From Other Funds 1,950 55,480 57,430
Operating Transfers Out to Other Funds (4,268,454) (55,480) (4,323,934)
Cash Paid to Public Agencies (206,000) 0 (206,000)
Advance to Other Funds 0 0 0
Net Cash Used for Noncapital Financing Activities (4,091,404) 0 (4,091,404)
Cash Flows from Capital and Related Financing Activities:
AcquisitiorVConstruction d Capital AssJs (5,529,261) (662,046) (6, 191,307)
Proceeds from Sale of Capital Assets 21,885 127 22,012
Capital Comi>uted by Developers 64,053 0 64,053
Principal Paid on Revenue Bonds (2,375,000) 0 (2,375,000)
Principal Paid on General Obligation Bonds (370,795 ) 0 (370,795)
Principal Paid on Certificates d Obligation (26,200) 0 (26,200)
Principal Paid on Obligation Under Capital Lease (451,983) 0 (451,983)
Principal Paid on Advance to Other Funds (153,393) 0 (153,393 )
Interest Paid on Revenue Bonds (1, 720,928) 0 (1,720,928)
Interest Paid on General Obligation Bonds (125,450) 0 (125,450 )
Interest Paid on Certificates d Obligation (22,008) 0 (22,008)
Interest Paid on Obligation Under Capital Lease (141,016) 0 (141,016)
Interest Paid on Advance to Other Funds (86,635) 0 (86,635)
Fees Paid to Fiscal Agent (5,477) 0 '(5,477)
Proceeds from Revenue Bonds 4,568,094 0 4,568,094
Proceeds from Advance from Other Funds 0 0 0
Cash Received from Special Assessments 0 0 0
Net Cash Used for Capital and Related Financing
Activities (6,354, 114) (661,919) (7,016,033)
(Continued)
-32-
1992
$44,664,239
(26,503,520)
(5,152, 117)
301,029
906,028
(927,050)
31,631
6,441
5,285
0
0
(32,283 )
(108,811)
13,190,872
72,318
68,658
0
0
0
(4,211,502)
(120,000)
(1,321,672)
(5,512, 198)
(5,550 ,423)
57,735
55,937
(2,475,000)
(376,2 35)
(26,200)
(413,652)
0
(1,972,978)
(118,973)
(25,152)
(179,347)
0
(4,130)
0
1,321,672
2,092
(9,704,654)
CITY OF COLLEGE STATION. TEXAS
COMBINED STATEMENT OF CASH FLOWS
ALL PROPRIETARY FUND TYPES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
(With Comparative Totals.for the Fiscal Year Ended September 30, 1992)
(Continued)
Taals
(Memorandum Only)
Cash Flows from Investing Activities:
Purchase a Investments
Proceeds from Sale and Maturtties a Investments
Interest on Investments
Other
Net Cash Provided By (Used for) Investing Activtties
Net Increase (Decrease) in Cash
Cash and Cash Equivalents, October 1
Cash and Cash Equivalents, September 30
Reconciliation a Operating Income to Net Cash Provided by
Operating Activities:
Operating Income
Adjustments to Reconcile Operating Income to Net Cash
Provided by Operating Activities:
Depreciation
Amortization
Provision for Uncollectible Accounts
Miscellaneous Expenses
Miscellaneous Revenues
Change in Assets and Uabiltties:
Change in Accounts Receivable
Change in Other Receivables
Change in Inventory
Change in Prepaid Costs
Change in Equity in Joint Venture
Change in Aa::ounts Payable ·
Change in Accrued Liabilities
Change in Retainage Payable
Change in Deferred Revenues
Change in Refundable Deposits
Change in Acx:rued Vacation
Taal Adjustments
Net Cash Provided by Operating
Activities
Noncash Financing, Capital and Investing Activities:
Enterprise
Funds
$(6,078,639)
8,845,289
811,877
0
3,578,527
2,591,576
1,051,940
$ 3,643,516
$ 8,688,826
2,491,265
6,695
(187,494)
(25,906)
111,860
(530,586)
193,126
(271,702)
(2,610)
0
(1,025,372)
59,585
0
7,903
(63,633)
6,610
769,741
$ 9,458,567
Internal Service
Funds 1993
$(1,332,56n $(7,411,206)
720,394 9,565,683
175,013 986,890
(276) (276)
(437,436) 3,141,091
450,547 3,042,123
142,568 1,194,508
$ 593,115 $ 4,236,631
$ 957,854 $ 9,646,680
273,575 2,764,840
0 6,695
2,250 (185,244)
0 (25,906)
0 111,860
(139,872) (670,458)
0 193,126
532 (271,170)
(365) (2,975)
0 0
437,137 (588,235)
(371) 59,214
17,045 17,045
0 7,903
0 (63,633)
2,117 8,727
592,048 1,361,789
$1,549,902 $11,008,469
The Electric, Water, and Sewer Funds issued revenue bonds in the amount a $217,250, $496,809, and $320,850, respectively, to refund debt issued in 1985.
1992
$(16,023,636)
14,532,396
1,440,574
0
(50,666)
(2,076,646)
3,271,154
$ 1,194,508
$ 9,402,447
2,414,435
4,178
95,833
(15,916)
35,897
(479,son
(88,546)
7,073
20
281,222
1,375,270
168,604
0
(8,672)
(21,022)
19,656
3,788,425
$ 13, 190,872
Bond Issuance Costs a $42,089, $20,042, and $138,291 in the Electric, Water, and Sewer Funds, respectively, that were deducted from bond proceeds were capitalized and will be amortized over the
debt repayment period.
The naes to the general purpose financial statements are an integral part of this statement.
-33-
-34-
-34-
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED S EPTEMBER 30, 1993
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The financial statements of the City of C ollege Station, Texas ("City"), have been prepared in conformity with
general ly accepted accounting principles (GAAP) as applied to government units. The Governmental Accounting
Standards Board (GASS) is the accepted standard-setting body for establishing governmental accounting and
financial reporting princi ples . 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
p rimary . 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 r eal or.potential financial benefit or burden for the primary government. Moreover,
financial accountability also is deemed to exist even in the absence of sim ple "accountability" (i.e. the appointment of
a v oting 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
r.elationship exists if the primary government (a) is entitled to the organization's resources; (b) is legally· obl igated 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 Mayorsof 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.
-35 -
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES-(Continued)
B. FUND ACCOUNTING
The City uses funds and account groups to report on its financial position and results of operations. Fund accounting
is designed to demonstrate legal compliance and to aid financial management by segregating transactions related to
certain government functions or activities.
A fund is a separate accounting entity with a self-balancing set of accounts. Government resources are allocated to
and accounted for in individual funds based upon the purposes for which they are to be spent and the means by
which s pendi ng activities are controlled. An account group, on the other hand, is a financial reporting device
designed to provide accountability for certain assets and liabilities that are not recorded in the funds because they do
not directly affect net expenda ble available financial resources.
Funds are class ified into three categories: governmental, proprietary, and fiduciary. Each category is divided into
separate "fund types". The two broad fund categories used by the City in the accompanying financial statements are
governmental and. proprietary. The separate fund types are as follows:
Governmental Fund Types
The G.eneral Fund is the general operating fund of the City and is used to account for all financial resources except
those required to be accounted for in another fund.
Special Revenue Funds are used to account for the proceeds of specific revenue sources (other than major capital
projects).
The Debt Service Fund is used to account for the accumulation of resources for, and the payment of, general long
term debt principal, interest, and related costs.
C a pital Projects Funds are used to account for financial resources to be used for the acquisiti on or construction of
major capital facilities (other than those financed by proprietary funds).
Proprietary Fund Types
Enterprise Funds are used to account for operations (a) that are financed and operated in a manner similar to private
business enterprises - where the intent of the governing body is that the costs (expenses, including depreciation) of
providing goods or services to the general public on a continuing basis are to be financed or recovered primarily
through user charges; or (b) where the governing body has decided that periodic determination of revenues earned,
expenses incurred, and/or net income is appropriate for capital maintenance, public policy, management control,
accountability, or other purposes.
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 City, or to other governments, on a cost-reimbursement basis.
-36 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES-(Continued)
The account groups used by the City in the accompanying financial statements are as follows:
General Fixed Assets Account Group -This account group is established to account for all fixed assets of the City,
other than those accounted for in the propri etary funds.
General Long-Term Debt Account Group -This account group is established to account for all long-term debt of the
City except that accounted for in the proprietary funds. General long-term debt of the City includes general o bligation
bonds, certificates of obligation and accrued vacation leave.
C. BASIS OF ACCOUNTING
The accounti ng and financial reporting treatment applied to a fund is determined by its measurement focus. All
governmental funds are accounted for usi ng a current financial resources measurement focus. With this
measurement focus, only current assets and current liabilities generally are included on the balance sheet. Operating
statements of these funds present increases and decreases in net current assets.
All proprietary funds are accounted for on a flow of economic resources measurement focus. With this measurement
focus, all assets and all liabilities associated with the operation of these funds are included on the balance sheet.
Fund equity is segregated into contributed capital and retained earni ngs components. Proprietary fund-type operating
statements present increases and decreases in. net total assets.
The modified accrual basis of accounting is used by all governmental fund types. Under the modified accrual basis of
accounting, revenues are recognized when susceptible to accrual (i.e., when they become both 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 be used to pay liabilities of the current period.
Thoserevenues susceptible to accrual are property taxes, franchise taxes, interest revenue and charges for services.
Sales taxes collected and held by the State at year-end on behalf of the City are also recognized as revenue. Fi nes
and permits are not susceptible to accrual because generally they are not measurable until received in cash.
Expenditures are generally recognized under the modified accrual basis of accounting when the related .fund li abil ity is
incurred. Exceptions to this general rule are the principal ahd interest on general long-term debt which are
recognized when due, and accrued vacation leave which is recognized when expected ·to be liquidated with
expendable available financial resources.
-37 -
C ITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES-(Continued)
All proprietary funds are accounted for using the acc rual basis of accounting. Revenues in these funds are
recognized when they are earned, and expenses are recognized when they are incurred. Utility customers are billed
monthly o:n a cycle-billing. basis with revenues recorded. when customers are billed, except at year-end when unbilled
revenues are accrued.
D. POWERCOST RECOVERY
The City is allowed to recover purchased power costs as power cpst adjustments. This power cost recov�ry 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 y ear-end was not material.
E. BUDGETS AND BUDGETARY ACCOUNTING
The City follows these procedures in establishing the budgetary data refl�ed 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 prPposed expenditures and the means of
financing them.
2) All budget requests are compiled by the Finance Department andpresented with comparative and supporting
data to the Mayor and City Council for review.
3) Public hearings are properly advertised and conducted at City Hall for taxpayer comments.
4) Prior to September 27, the budget is legally enacted through passage of. an ordinance.
5) The City Council·must approve all transfers·of budgeted amounts between departments within any fund and
any revision that alters the total expenditure of any fund. An amount is also budgeted each year for contingencies
which may arise. The Council has authorized the City Manager to make budget transfers for contingencies if the
amount does not exceed $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 d1.1ring the year,.but.no such tra'lsfer
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.
7) Expenditures in excess of appropriations for each fund are prohibited by the City Charter. Appropriations
which have not been expended or lawfully e ncum bered 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.
-38 -
CITY OF COLLEGE STATION. TEXAS
NOTES TO G ENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES-(Continued)
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, the Cemetery Perpetual Care Fund, or the College Station Business Park 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.
Adjustments necessary to convert the General Fund revenues at September 30, 1993, 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
Other
Total Reconciling Items
Total Revenues and Other Financing Sources
-Budget (Non-GAAP Basis)
$17.210.464
(13,345)
(4,265)
115
(17,495)
$17, 1 92,969
Adjustments necessary to convert the General Fund expenditures at September 30, 1993, on the GAAP basis to the
budgetary basis are as follows:
Expenditures and Other Financing Uses-GAAP Basis
Reconciling Items:
Cemetery Perpetual Care Fund Expenditures
Fireman's Relief Fund Expenditures
Inventory Adjustment
Allowance for Uncollectible Accounts
Capitalized Salaries
Correction of Community Development Reimbursed Administrative Transfer
Other
Total Reconciling Items
Total Expenditures and Other Financing Uses
-Budget (Non -GAAP Basis)
-39 -
$16,030.462
(426)
(4, 175)
(11,660)
(134,712)
3,808
(35,058)
(1 ,933)
(184.156)
$15.846,306
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES-(Continued)
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, Wai.er, and Sewer Funds and for Utility Revenue Bonds as an expense item.
(c) Enterprise Fund budgetary amounts do not include provisions for adjustments in inventory or the allowance
for uncollectible accounts receivable.
(d) B udgeted 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.
Budgetary comparisons presented in the report are on the aforementioned budgetary basis. Budgetary amounts are
as originally adopted, or as amended by t he City Council. Individual amendments were not material in relation to the
original appropriai.ions which were amended.
-40 -
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES-(Continued)
F. Cash and Cash Equivalents
Cash and cash equivalents are short term highly liquid investments t hat are: (a) readily conve rtible to known amou nts
of cash; and (b) so near thei r maturity that they present i nsignificant risk of changes in value because of changes in
interest rates. Therefore, fo r purposes of the statement of cash flows, cash and cash eq uivalents (including restricted
assets) include demand accounts, repurchase agreements, and government secu rities and agency notes with original
m at urities of three months or less when purc hased .
The City uses a pooling method to account for cash and cash equivalents . Equity in cash and cash equivalents and
interest income from t he cash pool is al located to the participating funds on a m onthly basis. The amount of the
allocation is determi ned by cal culating a ratio of each fund's equity in th e pool to the total pool.
G. INVESTMENTS
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). I nvestments are stated at cost or amortized cost which
approximates market value.
State statutes authorize the City to invest in fully-insured time deposits, direct debt sec urities of the United States,
and fully collateralized repurchase agreem ents . The repurchase ag reements must be purchased pursuant to a
master repurchase agreement which speci fies that the t ransaction be held i n a safekeeping account subject to the
control and custody of the City. I nvestments 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 reporti ng to
the Federal Reserve Ban k of New York ("Primary Dealers"). All securities are pu rchased delivery-vs.-payment and
held in the City's name in a safekeeping account at Texas Commerce Bank of Houston.
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 ap plicabl e to all City funds and permits investment in ob ligati ons 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, pu blic 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.
The City al so uses a pooling method to account for i nvestments. 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 i nvestment pool to the total pool.
-41 -
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES-(Continued)
H. 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.
I. PREPAID COSTS
Payments made to vendors for services that will benefit periods beyond September 30, 1993, are recorded as prepaid
costs.
J. 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.
K. 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 13.
L. 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.
-42 -
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES-(Continued)
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 Sy stems
Buildings and Improvements
E quipmen t
M. COMPENSATED ABSENCES
25-40years
5-50 years
3 -10 years
Employees are credited with vacation at rates of 1 o to 15 days per year, depending upon le ngth of service. Carryover
of unused vacation time from one year to the next is allowed for a maximum of two years. Upon termination, the
respective employees are paid for any accrued vacation not taken (up to the two-year maximum). Accumulated
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.
Em ployees are credited with sick leave at the rate of one day per month and are allowed to accumulate up to 120
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.
N. LONG-TERM OBLIGATIONS
Long-term debt is recognized as a liability of a governme ntal 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 financ ed 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.
0. 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 govern me ntal fund types. Encumbrances outstanding at year end are reported as
reservations of fund balances since they do not constitute expenditures or liabilities in the general purpose financial
statements.
-43 -
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES-(Continued)
P. 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.
Q. 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.
R. INTERFUND TRANSACTIONS
Quasi-external transactions are accounted for as revenues, expenditures or expenses. Transactions that constitute
reimbursements. to a fund for expenditures/expenses initially made from that fund, which are properly applicable to
another fund, are recorded as expenditures/expenses in the reimbursing fund and as reductions of
expenditures/expenses in the fund that is reimbursed. lnterfund transactions other than quasi-external transactions
and reimbursements are reported as operating transfers.
S. 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.
T. 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 fi nanc ial 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.
U. COMPARATIVEDATA
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.
-44-
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
2. DEPOSITS AND INVESTMENTS
At y ear-end, the carrying amount of the City's cash and time deposits was $6,289,879, and the bank balance was
$1,025,349. The City also had investments in the state investment pool amounting to $5,730, 179, and a $50,000
certific ate of deposit committed for cemetery perpetual care. Balance sheet amounts for unrestricted and restricted
cash and cash equivalents at September 30, 1993, are as follows:
Unrestricted cash and cash equivalents
Restricted cash and cash equivalents
$ 4,566,957
1.722.922
.$ 6,289.879
The bank bal ance and ce rtific ate of deposit were 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, 1993, are shown below. 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:
Carrying Market
Amount Value
U.S. G overnment Obligations $ 18,150,249 $ 19, 188,513
Government Agency Notes 4,991,162 8,379.408
Total Investments $ 231141,411 $ 27,567,921
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).
3. PROPERTY TAXES
Property is appraised and a lien on such property becomes enforceable as of J anu a ry 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 u p 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, 1993, was
$.4125 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 1 00% of its appraised
value. Real property must be reappraised at least every four years. The City may, at its own
-45 -
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
3. PROPERTY TAXES-(Continued)
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.
4. 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 13).
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 $219,870 balance in the Special Revenue Funds represents the
outstanding principal for these loans at September 30, 1993.
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 13).
- 46 -
.s. FIXED ASSETS
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
A summary of changes in general fixed assets for the year ended September 30, 1993, is as follows:
Land
Bui ldi ngs and Building
Improvements
Improvements
Machinery, Tools and
Equipment
Parks System
Construction in
Progress
Total
Beginning
Balance
$ 6,899,368
13,031,574
14,270,758
10, 193,761
6,275,661
1,861,039
$52,532, 161
Additions
and
Transfers In
$ 537,661
129,234
276,453
735,330
2,426,505
3,240,299
$7,345,482
Retirements
and
Transfers Out
$ 0
0
0
570, 193
0
3,694,769
$4,264,962
Other
$ 0
57,500
0
0
0
0
$ 57,500
A summary of proprietary fund type property and equipment at September 30, 1993, is as follows:
Combined Solid Waste Fleet
Utility Collection Replacement Utility Billing Landfill
Funds Fund Fund .E!mst Fund
Electric System $22,225,595 $ 0 $ 0 $ 0 $ 0
Water System 28,562,568 0 0 0 0
Sewer System 20,603,879 0 0 0 0
Machinery & Equipment 1,929,731 2,373,681 1,340,586 545,266 36,530
Buildings & Improvements 1,710,414 0 0 0 0
Land 955,932 0 0 0 0
Construction in Progress 7,304,501 0 0 25,028 0
Total 83,292,620 2,373,681 1,340,586 570,294 36,530
Less Accumulated
Depreciation (21,813,494) (1,233,242) (216,586) (452,868) (13,889)
Net $61,479,126 $1,140,439 $1,124,000 $117,426 $22,641
......,.__,.
• 47.
Ending
Balance
$ 7,437,029
13,218,308
14,547,211
10,358,898
8,702,166
1,406,569
$55,670, 181
Total
$22,225,595
28,562,568
20,603,879
6,225,794
1,710,414
955,932
7,329,529
87,613,711
(23,730,079)
$63,883,632
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEM EN TS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
6. LONG-TERM DEBT
The following is a summary of long-term debt transactions for the year ended September 30, 1993:
Beginning I ncurred/ Matured/
Balance Issued Retired
Governmental Fund T�oes
General Obligation Bonds $21,103,590 $ 0 $2,089,205
Certificates of Obligation 22,614 0 22,614
Accrued Vacation Leave 568,482 498,858 488,009
Subtotal 21 ,694,686 498,858 2,599,828
ProQriet� Fund T�QeS
Utility Revenue Bonds 21,730,000 5,850,000 3,410,000
General Obligation Bonds
Serviced by Utility Revenues 2,146,410 0 370,795
Certificates of Obligation
Serviced by Utility Revenues 183,400 0 26,200
Accrued Vacation Leave:
Electric Fund 71,359 72,689 72,307
Water Fund 28,891 34,420 27,784
Sewer Fund 34,315 31,017 35,571
Solid Waste Collection Fund 19,727 23,945 19,799
Landfill Fund 9,817 10,061 7,964
Utility Billing Collection Fund 35,790 35,599 35,579
Obligations Under Capital
Lease-(Note 12) 2 ,278,461 0 451 ,983
Subtotal 26,538,170 6,057,731 4,457,982
Total Long-Term Debt $48,232,856 $6,556,589 $7,057,810
- 48 -
Ending
Balance
$19,014,385
0
579,331
19,593,716
24,170,000
1,n5,615
157,200
71,741
35,527
29,761
23,873
11,914
35,810
1,826,478
28,137,919
$47,731,635
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
6. LONG-TERM DEBT-(Continued)
Long-term debt at September 30, 1993, consisted primarily of bonds maturing serially and is summarized as follows:
General Obligation Bonds:
1968 Issue
1976 Issue
19781 Issue
1978 II Issue
1984 Issue
1987 Refunding Issue
1988 Refunding Iss ue
1989 Issue
1991 Issue
Subtotal
Utility Revenue Bonds:
1985 Refunding Issue
1990 Iss ue
19931ssue
Subtotal
General Obligation Bonds
Serviced by Utility Revenues:
19761ssue
19781 Issue
1987Refunding I ssue
Subtotal
Certificates of Obligation Serviced by
Utility Revenues:
Utility Servic e Center
Total
I nt er est
Ra tes (%)
4.40 -6.00
4.00 - 6.00
4.70 -6.00
5.15 -5.80
9.50 -11 .00
4.50 -7.70
6.15 -8.15
6.50 -8.50
5.50 -7.50
6.00- 9.50
6.50-8.50
4.05-6.50
4.00-6.00
4.70-6.00
4.50-7.70
12.00
- 49 •
Series
Matures
1995
1997
1998
1999
1995
2004
1996
2005
2012
2001
2006
2013
1997
1998
2004
1999
Principal
Balance
$ 50,000
300,000
162,000
920,000
900,000
7,957,385
1,675,000
2,625,000
4.425.000
19,014.385
13,720,000
4,600,000
5.850.000
24.170.000
900,000
738,000
137.615
1.n5,615
157.200
$45,117.200
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
6. LONG-TERM DEBT-(Continued)
Debt service requirements to maturity for all long term debt is summarized as follows:
Year
1994
1995
1996
1997
1998
1 999-2003
2004-2008
2009-2012
Total
Year
1994
1995
1996
1997
1998
1 999-2003
2004-2008
2�2013
Total
General
Obligation Bonds
Principal
$ 1,986,045
1,856,130
3,058,735
1,714,075
1,623,915
5,703,220
2,072,265
1,000,000
$19,014,385
Interest
$ 1,231,347
1,088,804
917,863
758,759
645,186
1,831,439
529,447
112.813
$ 7.H5.o58
Certificates of Obligation
Serviced by Utility Revenues
Principal Interest
$ 26,200 $ 18,864
26,200 15, 720
26,200 12,576
26,200 9,432
26,200 6,288
26,200 3, 144
0 0
���---0 0
$ 157,200 $ 66.024
-50.
General Obligation.
Bonds Serviced by
Utility Revenues
Principal Interest
$ 378,955 $ 79,305
378,870 59,076
386,265 40,271
385,925 22,882
181,085 9,478
56,780 11,595
7,735 298
���-=o o
$ 1.775,615 $ 222.905
Utility
Revenue Bonds
P ri ncipal
$ 2,335,000
2,625,000
2,780,000
2,745,000
2,595,000
7,190,000
2 ,650,000
1.250.000
$24. 170.000
Interest
$ 1,816,147
1,551,525
1,316,840
1,080,413
853,674
2,041,398
659,438
174,500
$ 9,493,935
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
6. LONG-TERM DEBT-(Continued)
All the net revenu es of the Utility F und 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 resolution, include
substantially all of the revenues and expenses of the Util ity Fund other than certain i nterest income and expense, and
depreciation and amortization. This bond resolution further requi res that the net revenues, as defined, eq ual 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.
In June, 1993, the City issued utility system revenue and refunding bonds in the aggregate principal amount of
$5,850,000. The proceeds of this bond issue were to be used as follows: $3,700,000 for extending and improving
the City's existing sanit ary sewer system; $1 ,000,000 for extending and improving the City's existing electric light and
power system; and $1 , 150,000 for providing money for the advance refunding of 1985 Utility System Revenue
Refunding Bonds in the amount of $1,035,000. A portion of the bond proceeds was also used for paying the costs of
issuance of the bonds.
As a part of this refunding transaction, the City recognized a loss of $129,938 which is reported as an extraordinary
item in the financial statements of the Electric , Water, and Sewer Funds. The City expects reduced debt service
requirements over the life of the refunding bonds to offset this loss.
In prior years the City defeased certain revenue refunding bonds totaling $39,610,000 and certain general obligation
bonds and certificates of obligation totaling $11 ,821 , 126 by placing the . proceeds of the refunding bonds in an
i r revocable 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, 1993, the outstan ding principal balance of these defeased revenue refundin g bonds was $17,675,000.
At September 30, 1993, the outstanding principal balance of the defeased general obligati on bonds and certificates of
obligation was $7,375,000.
7. BONDS AVAILABLE FOR SALE
Authorized. general obligation bonds available for future issue are as follows:
Street Improvements
Parks Improvements
Drainage Improvements
Public Buildings (Fire Station #4)
Oversize Participation -Bridges
Civic Center
Total
Year Authorized
1990
1990
1984
1984
1984
1976
Unissued Amount
$1,750,000
250,000
1,230,000
700,000
500,000
500,000
$ 4,930,000
Revenue bonds, authorized in fiscal 1984, remain unissued in the amount of $2,615,000 and are available for future
use.
• 51 •
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
8. CONTRACT WITH THE TEXAS MUNICIPAL POWER AGENCY
The City began purchasing 100% of its electrical power requirements from the Texas Municipal Power Agency
(11TMPA11) on December 30, 1991. Under this contract, TMPA shall initially provide the City with 110 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.
The City's monthly electrical bill averaged $1,611, 194 during the year.
9. RETIREMENT PLAN
Plan Description
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 (fMRS), one of over 613 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-financeq
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 1 o 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 1 o 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.
-52-
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
9. RETIREMENT PLAN-(Continued)
Contribution Requirements
The contribution rate for the employees is 5%, 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, 1993. The unit credit actuarial cost method is used for determining the C ity 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 1993 was $15,346,987 and the city's Contributions were based on a payroll of
$14,658,546. Both the City and the covered employees made the req ui red contributions, amounting to $883, 753
(6.35% of covered payroll for the months in calendar year 1992, 5.21 % normal cost plus 1.14% to amortize the
unfunded actuarial liability, and 5.92% for the months in calendar year 1993, 5.06% normal cost plus 0.86% to
amortize the unfunded actuarial liability) for the City and $732,941 (5%) for the employees. The City adopted changes
in the plan since the previous actuarial valuation, which had the effect of increasing the City's contribution rate for
1993 by 0.05% 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 (GASS
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 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
GASB 5 for define d 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, 1992. 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 tor each City's plan, but the market value of assets for TMRS as a
whole was 112.3% of book value as of December 31, 1992.
- 53 •
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
9. RETIREMENT PLAN-(Continued)
The total unfunded pensin benefit at December 31, 1992, the latest available information, was $2,466, 704 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
1992
$ 1,639,931
1,621,523
6.287,812
6,937,981
2.131.417
18,618,664
16,151.960
$ 2.466.704
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 $125,970 .
• 54.
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
9. RETIREMENT PLAN-(Continued)
Trend Information
Trend information gives an i n dication of the progress made in accumulating sufficient ass et s to pay benefits when
due. Applicable historical trencfinformation concerning this plan is presented below. Compl ete trend information prior
to 1987 is unavail able . Additional historical trend information will be presented as it becomes available.
Year Ended
December30
1987
1988
1989
1 900
1991
1992
Year Ended
December30
1987
1 988
1989
1990
1991
1992
Year Ended
Decem ber 30
1987
1 988
1989
1990
1991
1992
Net Assets
Available
for Benefits
$ 7,299,624
8,806,929
10,123,841
11,509,969
13,710,302
16,151,960
Unfunded
P ension
Benefit
Obligation
$ 2,553,147
2,242,546
2,347,262
2,390,149
2,112,332
2,466,704
Employer
Contributions
$ 680,759
652,444
730,712
822,349
878,349
883,753
-55-
Pension
Benefit
Obligation
$ 9,852,771
11,049,475
12,471,103
13,900,118
15,822,634
18,618,664
Annual
Covered
Payroll
$12,861,559
11,028,053
11,949,309
12,971,271
13,792,527
14,658,546
Employee
Contributions
$ 643,995
551,417
597,473
648,573
689,686
732,941
Net Assets
Available as a
Percent of
Pension Benefit
Obligation
74%
80%
81%
83%
87%
87%
Unfunded
Pen sion Benefit
Obligation as a
Percentage of
Annual Covered Payroll
20°/0
200/0
200/0
18%
15%
17%
Employer
Contributions as
a P ercentage of
Annual Covered Payr oll
5.3%
5.9%
6.1%
6.3%
6.4%
5.0%
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENER A L PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
9. RETIREMENT PLAN-(Continued)
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. 9-13-90-5.1 o, which was passed and approved by the City Council on S eptem ber
13, 1990. Substantially all employees may become eligible for suc h 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 14). During fiscal year 1993, five retirees were eligible under this plan; however,
claims filed by these retirees were not material.
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 annua l 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, seven retirees and four widows receive benefits.
Total assets of the plan are included in the G eneral Fund as a portion of the restricted cash balance. All qualitative
and quantitative disclosures as required by the Governmental Accounting Standa rd s Board are not made for the
Fireman's Relief and Retirement Fund because such plan is not considered to be material.
10. SEGMENT INFORMATION OF ENTERPRISE FUNDS
The City mai ntains four enterprise funds. Segment information fo r the year ended Septem ber 30, 1993, is as follows
(amounts in thousands):
Solid
Waste
Electric Water Sewer Collection
Fund Fund Fund Fund Total
Operating Revenues: $29,048 $5,887 $4,703 $2,618 $42,256
Operating Expenses
(Excluding Depreciation and
Amortization) (23,463) (2,797) (2,652) (2,163) (31,075)
Depreciation and Amortization (863) (n2) (555) (301) (2,491)
Operating Income 4,722 2,317 1,495 154 8,688
Operating Transfers, Net (2,872) (693) (564) (138) (4,267)
Extraordinary Loss on Refunding (40) (44) (46) 0 (130)
Net I ncome (Loss) 2,094 717 413 (24) 3,200
Property and Equipment Additions 4,343 1,628 2,087 28 8,086
Net Working Capital 11,060 (521) 1,530 284 12,353
Total Assets 36,740 25,557 24,900 2,683 89,880
Bonds and Other Long-Term Liabilities -
Excluding Current Portion 5,758 8,791 10,292 1,229 26,070
Total Equity $25,472 $14,133 $13,368 $1,454 $54,427
• 56.
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
11. OPERATING TRANSFERS
Individual fund operating and other transfers out and corresponding ope.rating transfers in for fiscal 1993 were as
follows:
Operating Transfers Out Operating Transfers In
GOB 1989
Hotel Motel
Solid Waste Collection
Electric
Wat.er
Sewer
Wat.er
Worker's Compensat.ion
12. COMMITMENTS AND CONTINGENCIES
GOB 1982 Series II
GOB 1982 Series II
General
General
General
General
Sewer
Property and Casualty
Amount
$ 186,557
238,694
138,000
2,871,704
690,600
566,200
1,950
55,480
Minimum future lease payments and present value of the net minimum lease payments for capital leases for
waterwell and water storage facilities are as follows:
Year Ending Seotember 30.
1994
1995
1996
1997
1998
1999-2001
Total minimum lease payments
Less imputed interest
Present value of net minimum lease payments
Total
$ 592,999
293,586
250,813
250,813
250,813
511.379
2,150,403
(323.925)
$ 1,826.478
At September 30, 1993, the City had oversized participation con struction commitments totaling $616, 151. These
construction commitments result from development agreements with subdividers in .which. the City, under. certain
conditions, agrees to participat.e 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 operat.ions. 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, 1 993.
13. JOINT VENTURE
In May 1990, the City of College Stat.ion 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 operat.ing activities of BVSWMA. After Board approval, the BVSWMA annual
budget is presented for approval by both cities as a part of their regular budget.
- 57 -
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
13. JOINT VENTURE-(Continued)
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 t he ir appraised values. The note accrues interest at a rate of 8% and is payable in
semi-annual installments commenci ng November 1, 1990 and ending May 1, 2000.
The City's share of BVSWMA's net loss for fiscal 1993 was $54,441.
The City has been contr acted as the operator of the BVSWMA landfill. The City's Landfill Fund accounts for the
operator activity, and the City is reimbursed by BVSWMA for all operating expenses of the Landfill Fund, which were
$1,458,736 in 1993.
The following is a summary of information from the audited financial statements of BVSWMA as of September 30,
1993, and 1992.
Assets:
Current Assets
Property, Plant and Equipment
(Net of $687,641 Accumulated
Depreciation at 1993 and $439,954 at
1992)
Other Assets
Total Assets
Liabilities :
Current Liabilities
Notes Payable - N oncurr ent
Accrued Post Closure Maintenance Costs
Total Liabilities
Fund Equity:
ContribLited Equity
Retained Earnings (Deficit)
iotal Fund Equity
Total Liabilities and Fund Equity
Total Operating Revenues
Total Operating Expenses
Operating Income (Loss)
Net Nonoperating Revenues (Expenses)
Net Income (Loss)
1993
$1,307,085
1,889,155
165,834
$3,362,074
$ 372,561
1,817,412
1,106,422
3,296,395
170,200
(104,521)
65,679
$3,362,074
$2,773,863
2,797,840
(23,977)
(84,904)
$ (108,881)
- 58 -
1992
$1,163,119
2,456,823
175,834
$3,795,776
$ 460,282
2,084,664
1,076,270
3,621,216
170,200
4,360
174,560
$3,795,776
$2,090,251
1,993,006
97,245
(58,430)
$ 38,815
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
13. JOINT VENTURE-(Continued)
D ebt:
C ur rent
Long Term
Total
14. RISK MANAGEMENT
$ 267,252
1,817,412
$2,084,664
$ 248,367
2,084,664
$2,333,031
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, a nnual liability of
$1,200,000. The liability for outstanding losses includes $173,070 for claims incurred but not reported.
The City is also self-insured for workers' compensation benefits, and the plan is administered by Old Republic
Insurance Company. The C ity has a stop-loss insurance policy that li mits 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 acti viti es . In addition, interfund premiums are
reported as quasi-external transactions.
15. RESERVATIONS OF FUND BALANCES AND RETAINED EARNINGS
Fund balances have been reserved at September 30, 1993, as follows:
General Fund:
Reserved for Inventory
Reserved for Encumbrances
Reserved for Prepaid Costs
Reserved for Fireman's Relief and Retirement Fund
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 Se rvic e
Capital Projects Funds/Reserved for Encumbrances
Total Reserved F un d Balances
$ 143,628
246,649
13,618
4,684
408,579
318,011
57.500
375.511
871 ,871
1 .162.837
$2,818,798
Reserved retained earnings designations for the Enter prise Funds at September 30, 1993, are as follows:
Reserved for Debt Service
Reserved for Capital Projects
Total Reserved Retained Earnings
• 59.
$ 3,368,073
1 1.767.099
$15. 135, 172
CITY OF COLLEGE STATION. TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
16. DEFICIT RETAINED EARNINGS/FUND BALANCES
The Community Development Fund recorded a $275,330 deficit unreserved fund balance at the end of Fiscal 1993.
This deficit can be attributed to a higher than usual amount of purchase orders that were still outstanding at
September 30, 1993. Since the City has a policy of requesting grant money after actual expenditures have occurred,
the fund balance in this fu nd will always be near zero. Therefore, any encumbrances recorded in the fund at year end
will result in a negative unreserved fund balance.
At September 30, 1993, the Employee B enefits Fund had a deficit unreserved retained earnings. This $56,448 deficit
resulted from higher than expected claims and premiums during the fiscal year. In fiscal 1994, the City plans to
increase the amount of premiums charged for both employee and dependent insurance coverage. In addition, cost
containment measures continue to be implemented in order to eliminate this deficit.
The Capital Equipment F und showed a deficit unreserved fund balance of $567,044 at September 30, 1993. This
deficit was a result of expenditures for capital projects made prior to the issuance of debt to finance capital projects.
A Certificate of Obligation was issued in October, 1993, to help cover this deficit.
17. INTERFUND ASSETS/LIABILITIES
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,
1993, and ending September 30, 1999, and accrues interest at a rate of 6.75%. The current portion of the loan is
recorded as an interfund receivable and payable in the Electric Fund and Solid Waste Fund, respectively. The
noncurrent portion is recorded as an Advance to and Advance from in the Electric Fund and Solid Waste Collection
Fund, respectively.
18. EXPENDITURES/EXPENSES IN EXCESS OF APPROPRIATIONS
The amounts of any excesses of expenditures/expenses over appropriations during fiscal 1993, and the funds in
which they occurred are as follows:
General
Hotel/Motel
Community Development
Capital Equipment
GOB 198211
E lectric
Water
Sewer
Solid Waste Collection
U ne mploy men t
Utility Billing
Fleet Replacement
Landfill
Property and Casualty
Workers' Compensation
• 60.
Amount
$ 10,456
28,764
39,351
21,051
971
84,630
152,145
53,138
76,418
1,283
7,689
158,997
5,289
48,461
23,349
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEM ENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
18. EXPENDITURES/EXPENSES I N EXCESS OF APPROPRIATIONS (Continued)
The $10,456 excess in the General Fund was a result of overages in the Legal and Community Services
Administration Division. The amounts of each of the excesses were as follows:
Legal Division:
Salaries
Supplies
Maintenance
Purchased Professional Services
Other Purchased Services
Community Services Administration Division:
Sal.arias
Purchased Professional Services
Purchased Property Services
Other Purchased Services
$1,080
2,249
297
2,040
631
$3,099
44
363
653
A $27,278 excess in expenditures for capital outlay, a $1,449 excess for miscellaneous expenditures, and a $37
overage for public agency funding were res ponsible for the $28,764 excess in the Hotel/Motel Fund.
Public agency funding expenditures exceeded the budget by $20,660 and expenditures for clearance exceeded the
budget by $18,691 in the Community Development Fund.
Higher than expected interest expenditures were responsible for the $21,051 excess in the Capital Equipment Fund
and the $971 excess in the 1982 Series II Bond Fund.
In the Electric Fund, .the following amounts made up the $84,630 excess:
Depreciation Expense
Special Programs/Projects
Extraordinary Loss on Revenue Bond Refunding
Fiscal Agent's Fees
$38,158
2,044
40,287
4,141
In the Water Fund, the $152, 145 excess expenses consisted of the following:
Depreciation Expense
Principal Payments
Interest Expense
Extraordinary Loss on Revenue Bond Refunding
Fiscal Agent's Fees
Other Nonoperating Expenses
Operating Transfers Out
- 61 -
$ 321
62,050
41,807
43,503
648
1,866
1,950
CITY OF COLLEGE STATION, TEXAS
NOTES TO GENERAL PURPOSE FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
18. EXPENDITURES/EXPENSES IN EXCESS OF APPROPRIATIONS-(Continued)
The $53, 138 excess in expenses in the Sewer Fu nd were as follows:
P ri ncipal Payments
Interest Expense
Extraordinary Loss on Revenue Bond Refunding
Fiscal Agent's Fees
Bond I ss uance Costs
$ 2,946
3,226
46,148
688
130
Excesses of $54,100 in depreciation and $22,318 in principal payments made up the $76,418 overage in the Solid
Wast e Collection Fund.
Higher than expected de pr eciation expense was responsible for the $158,997 overage in the Fleet Repl ace ment
Fund, the $5,289 excess in the La ndfill Fund and the $7,689 excess in the Utility Billing Fund. Higher than expected
claims resulted in the $48,461 excess in the Property and C asualty Fund and the $1,283 excess in the
Unemployment Fund.
The $23,349 overage in the Worker's Compensation Fund can be attributed to excesses of $81 O in admini str ation
fees, $18,787 in claims, and $3,752 in premiums.
19. DEFERRED CHARGES
Deferred charges totaling $401 ,530 at September 30, 1993, 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 syste m could be constructed beginning in January, 1979. The original agreement
was for a period not to exceed fi ve years. However, an addendum to the contract extends the pe r iod 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 titl e to the system to be conveyed to Texas A&M
University by the City.
A summary of the unrecovered cost of t he water system at September 30, 1993, is as follows:
Total Project Cost $1, 167,075
Less Accumulated Water Usage Credits (1,016,152)
Prepaid Water Costs, September 30, 1993 $ 150,923
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, 1993, is as follows:
Electric
Bond Issuance Costs $62,313
Accumulated Amortization (4,344)
Bond Issuance Costs, Net $57,969
Water
$33,542
(2.791)
$30,751
. 62.
Sewer
$169,455
(7,568)
$161 ,887
Total
$265,310
(14,703)
$250,607
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.
-63-
-64-
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Equity in Cash and Cash Equivalents
Equity in Invest•ents
Receivables:
Accrued Interest
Grants
Letter of Credit
Accounts
Special Assess•ents
Delinquent Property Taxes
State Sales Tax
Notes
Other
Less Allowance for uncollectible Accounts
Inventories
Prepaid Costs
Restriced Assets:
Equity in Cash and Cash Equivalents
Equity in Invest•ents
Receivables:
Accrued Interest
Accounts
Total Assets
Liabilities and Fund Balances
Liabilities:
Accounts Payable
Retainage Payable
Refundable Deposits
Accrued Liabilities
Custo•er Construction Advances
Other Deferred Revenues
Total Liabilities
Fund Balances:
Reserved
Unreserved:
Designated for Subsequent Years
Expenditures
Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
-65-
$
$
$
$
1993
791,275
2,805,429
131,815
36,870
25,000
220,643
143,250
86' 123
644,347
52,943
141 ,971
(296,299)
156,405
13,618
7 ,484
76,532
3,900
1 125
5,042,431
293,016
15,836
2,775
315,048
18,190
456,868
1, 101, 733
408,579
90,086
3,442,033
3,940,698
5,042,431
1992
$ 196 I 189
2,173,249
57,763
26,113
25,000
169,256
201,609
92,775
571,689
63' 781
133,637
(226, 164)
149,887
6,966
2, 119
73,479
2, 152
1 359
$ 3,720,859
$
$
233,074
8, 109
1,360
274,241
0
443 379
960, 163
207,085
58' 152
2,495,459
2,760,696
3,720,859
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the Fiscal Years Ended September 30, 1993 and 1992
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 on Investments
Rents and Royalties
Loan Repayment
Other
contributions
Reimbursed Expenses
Other
Total Revenues
Expenditures:
Current:
General Government
Fiscal and Human Resources
Community Services:
Administration
Police
Fire
Development Services
Parks
$
(Continued)
-66-
1993 1992
1,627,228 $ 1,376,971
7,901,994 7,128,294
93,883 81,203
407' 168 365,573
445,585 216,886
39,720 32,000
528,399 391,574
33,032 26,237
247' 940 251'262
5,375 3,900
31,393 25,689
40' 159 0
11,400 18,892
6,306 2,514
893,649 684,098
58,358 4,682
342,992 199, 172
50,919 46,893
10,837 0
0 153
12,225 879
4,488 4,035
82 697 68,300
12,875,747 10,929,207
723,721 668,230
1,539,352 1,435,226
143,412 130,863
4,054,244 3,862,849
3,331,309 3,034,046
1,476,181 1,265,213
2,838,541 2' 576 ,.106
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the Fiscal Years September 30, 1993 and 1992
(Continued)
Public Service
Manage•ent Services
Library Services
Rei•bursed Ad•inistrative
Special Progra•s and Projects
Public Agency Funding
Code Enforce•ent
Other
Capital Outlay
Total Expenditures
Deficiency of Revenues Under Expenditures
Other Financing Sources:
Sale of General Fixed Assets
Operating Transfers In
Total Other Financing Sources
Excess of Revenues and Other Financing
sources Over Expenditures
Fund Balances, October 1
Fund Balances, Septe•ber 30
-67 -
1993
$ 2,266,145
1,407,245
283,478
(2,843,580)
46,528
202,289
11,660
137,623
412,314
1610301462
( 3 I 154 I 715)
68,213
412661504
413341717
1,180,002
2,7601696
$ 319401698
1992
$ 2,108,406
1,435,250
0
(2,591,911)
99,323
102,288
0
370,967
3291269
141826,125
(318961918)
57,519
318891872
31947,391
50,473
217101223
$ 217601696
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, 1993
Variance
Favorable
Budget Actual (Unfavorable)
Taxes:
Current Property $ 1 ,556,415 $ 1,575,854 $ 19,439
Delinquent Property 42,834 34,246 (8,588)
Tax Penalty and Interest 18,000 17' 128 (872)
General Sales 7,605,135 7,901,994 296,859
Mixed Drinks 73,800 93,883 20,083
Franchise 384,440 407, 168 22,728
Total Taxes 9,680,624 10,030,273 349,649
Licenses and Per•its:
Mixed Drinks 11,500 13' 187 1,687
Game Machines 2,500 1,431 (1,069)
Professional/Occupational 18,760 31,633 12,873
Oil and Gas 0 58,893 58,893
Builders Permits 133,000 255,929 122,929
Electrical Per•its 19,950 27,385 7,435
Plu•bing Per•its 37,240 43,994 6,754
Other 50 13!133 13,083
Total Licenses and Per•its 223,000 445,585 222,585
Grants 38,000 39,720 1!720
Charges for Services:
Parks Concessions 89,900 115,643 25,743
Pool Admissions 120,000 147,772 27,772
Sports Instruction 56,400 70,645 14,245
Sports Programs 136,800 161,692 24,892
Special Events 21,500 29,277 7,777
Teen Center 600 2,847 2,247
Other Parks 10,700 524 (10, 17 6)
Police Hazardous Materials Response 0 527 527
Fingerprinting 1, 100 1,470 370
Police Reports and Records Checks 7,020 6,755 (26�)
Arrest Fees 0 4,644 4,644
Warrant Service Fees 421 4,077 3,656
Police Escort Services 1,950 750 (1,200)
False Alar•s 10,000 14,450 4,450
Other Police 0 360 360
EMS Transport 223, 195 242,088 18,893
(Continued)
-68-
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, 1993
(Continued)
Fire Inspections
Other Fire
Fire Hazardous Material Response
Street Sweeps and Repairs
Municipal Court
Inspection Fees
Filing Fees
Oil and Gas Pipeline Fees
General Government
Other
Total Charges for Services
Fines, Forfeits and Penalties:
Municipal Court Fines
Other Fines and Penalties
Total Fines, Forfeits and Penalties
Special Assessments
Use of Money and Property:
Interest on Investments
Rents and Royalties
Loan Repayment
Total Use of Money and Property
Miscellaneous:
Contributions
Reimbursed Expenditures
Other
Total Miscellaneous
Total Revenues
Other Financing Sources:
Payments in Lieu of Taxes
Sale of General Fixed Assets
Total Other Financing Sources
Total General Fund Revenues
$
Budget
3,430
50
5,000
3,000
24,200
7,350
0
0
11,200
1,800
735,616
706,000
0
706,000
5,000
236,203
48,550
0
284,753
1'219
0
40,080
41,299
11,714,292
4,266,504
20,000
4,286,504
$16,000,796
-69 -
$
Actual
2,436
0
3,416
5,375
31,393
7,705
10,692
21,761
11,400
6,305
904,004
888,649
5,000
893,649
58,358
334,206
50,919
10,837
395,962
12,070
4,488
74 143
90,701
12,858,252
4,266,504
68,213
4,334,717
$17 I 192 ! 969
variance
Favorable
(Unfavorable)
$ (994)
(50)
( 1'584)
2,375
7' 193
355
10,692
21,761
200.
4,505
168,388
182,649
5,000
187,649
53,358
98,003
2,369
10,837
111 I 209
10' 851
4,488
34,063
49,402
1,143,960
0
48,213
48,213
$ 1 ! 192 ! 173
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1993
Budget Actual
-70 -
variance
Favorable
(Unfavorable)
CITY OF COLL EGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITUR ES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1993
(Continued)
Budget Actual
Fiscal and Human Resources:
Finance Administration:
Salaries and Benefits $ 98,331 $ 97,343
supplies 3,940 3,937
Maintenance 410 339
Purchased Professional Services 15,500 14,875
Purchased Property services 1'160 1,066
Other Purchased Services 101692 101684
Total Finance Administration 1301033 128,244
Hu•an Resources:
Salaries and Benefits 182,479 182,472
Supplies 13,895 13' 197
Maintenance 240 235
Purchased Professional Services 3,090 2,535
Purchased Property Services 1,820 1,494
Other Purchased Services 40,338 40,333
capital Outlay 41010 4 001
Total Human Resources 2451872 2441267
Accounting:
Salaries and Benefits 329,660 297,865
Supplies 13,460 13,450
Maintenance 2, 174 1,560
Purchased Professional Services 133,436 131,424
Purchased Property Services 2,950 2,585
Other Purchased Services 54,043 47,646
Capital Outlay 101961 51280
Total Accounting 5461684 4991810
Purchasing and Stores:
Salaries and Benefits 148,073 146,853
Supplies 4,250 4, 124
Maintenance 1,250 801
Purchased Professional Services 4,960 3,540
Purchased Property services 1,790 1,783
Other Purchased Services 15,696 15,630
Capital Outlay 5,700 51700
Total Purchasing and Stores 1811719 1781431
(Continued)
- 71 -
Variance
Favorable
{Unfavorablel
$ 988
3
71
625
94
8
789
7
698
5
555
326
5
9
11605
31,795
10
614
2,012
365
6,397
51681
461874
1,220
126
449
1,420
7
66
0
3,288
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1993
(Continued)
Budget Actual
Budget and Evaluation:
Salaries and Benefits $ 130,680 $ 123,494
Supplies 2,050 2,045
Maintenance 410 409
Purchased Professional Services 12,982 12, 109
Purchased Property services 830 779
Other Purchased Services 12,040 12,032
Capital Outlay 51018 41244
Total Budget and Evaluation 1641010 1551112
Municipal Court:
Salaries and Benefits 192,832 164,729
Supplies 11,035 11,028
Maintenance 875 682
Purchased Professional Services 37,285 37,271
Purchased Property Services 16,230 12,853
Other Purchased Services 30,452 30,438
Capital Outlay 201695 201692
Total Municipal Court 3091404 2771693
Risk Management:
Salaries and Benefits 85,943 85,928
Supplies 2,411 1 ,994
Maintenance 140 140
Purchased Professional Services 830 822
Purchased Property Services 410 307
Other Purchased Services 8, 771 7,407
Capital Outlay 11379 11379
Total Risk Management 991884 97:977
Total Fiscal and Human Resources 116771606 115811534
(Continued)
-72 -
Variance
Favorable
{Unfavorable}
$ 7' 186
5
873
51
8
774
81898
28, 103
7
193
14
3,377
14
3
31 711
15
417
0
8
103
1,364
0
1 907
961072
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1993
(Continued)
Co••unity services Ad•inistration:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Total Co••unity Services Ad•inistration
Police:
Police Ad•inistration:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Other Purchased Services
capital Outlay
Total Police Administration
Unifor• Patrol:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
capital Outlay
Total Unifor• Patrol
Cri•inal Investigation:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total Cri•inal Investigation
$
Budget
119,489
1,500
70
0
730
17 ,545
1391334
280,782
8,500
1,300
700
32,505
2,455
326,242
1,889,644
75,230
44,320
21,720
1 ,610
184 ,430
431775
2,260,729
444,226
14,080
9, 160
18,300
2,360
35,010
2,800
525,936
(Continued)
-73-
Actual
$ 122,588
1,436
54
44
1,093
18I197
1431412
280,690
5,316
1,217
0
29,751
21231
319,205
1,882,953
68,003
44 ,317
21, 717
521
180,845
43,772
2,242,128
386,649
12' 100
6, 138
18,293
1,643
30, 108
2,797
4571728
Variance
Favorable
(Unfavorable)
$ (3,099)
64
16
(44)
(363)
(652)
{41078)
92
3, 184
83
700
2,754
224
7 037
6,691
7,227
3
3
1,089
3,585
3
18,601
57,577
1,980
3,022
7
717
4,902
3
681208
Special Services:
Salaries and Benefits
Supplies
Maintenance
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1993
(Continued)
Budget Actual
$ 224,473 $ 220,130
40,360 36,682
2,476 1'199
Purchased Professional Services 58,730 53,565
Purchased Property Services 1,128 808
Other Purchased Services 30,711 30,696
Capital Outlay 400 400
Total Special Services 358,278 343,480
Technical Services:
Salaries and Benefits 217,275 217,268
Supplies 16, 130 12,928
Maintenance 11,130 8, 180
Purchased Property Services 61'510 55,416
Other Purchased Services 31!135 25,896
Total Technical Services 337t180 319,688
Com•unications/Jail:
Salaries and Benefits 396,278 386,725
Supplies 13,400 5,015
Maintenance 14,615 12' 190
Purchased Professional Services 2,000 1,453
Other Purchased Services 19,050 15,833
Total Co••unications/Jail 445,343 421.216
Total Police 412531708 411031445
(Continued)
-74-
variance
Favorable
(Unfavorable)
$ 4,343
3,678
1,277
5, 165
320
15
0
14,798
7
3,202
2,950
6,094
5,239
17 492
9,553
8,385
2,425
547
3 217
24 ! 127
1501263
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1993
(Continued)
Budget Actual
Fire:
Fire Ad•inistration:
Salaries and Benefits $ 343, 119 $ 343,105
Supplies 4,899 4,877
Maintenance 1,480 1,451
Purchased Professional services 155 78
Purchased Property services 6,530 6,488
Other Purchased Services 18,078 18,073
Capital Outlay 270 269
Total Fire Administration 374 ,531 374,341
Fire Suppression:
Salaries and Benefits 2,608,533 2,608,509
Supplies 64' 195 63,603
Maintenance 38,236 38,206
Purchased Professional Services 14,060 13,953
Purchased Property Services 30,600 30,564
Other Purchased Services 84,089 84,082
Capital Outlay 53,705 53,670
Total Fire Suppression 2,893,418 2,892,587
Fire Prevention:
Supplies 12,420 11,803
Maintenance 3,480 3,479
Purchased Professional Services 300 0
Purchased Property Services 0
Other Purchased services 17,215 17J133
Capital·Outlay 10,580 10,570
Total Fire Prevention 43,995 42,986
Emergency Medical services:
Supplies 23,620 23,492
Maintenance 6,400 6,054
Purchased Professional Services 6,000 6,000
Purchased Property Serives 250 203
Other Purchased Services 45,974 45,952
Capital Outlay 2,500 2,466
Total Emergency Medical Services 84 744 84I167
Total Fire 3,396,688 3,394,081
(Continued)
- 75-
Variance
Favorable
(Unfavorable)
$ 14
22
29
77
42
5
190
24
592
30
107
36
7
35
831
617
1
300
( 1)
82
10
1,009
128
346
0
47
22
34
577
2,607
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPE ND ITURES
BUDGET AND ACTUAL (BUDGET ARY BASIS)
For the Fiscal Year Ended September 30, 1993
(Continued)
Budget Actual
Develop•ent Services:
Develop•ent Services Administration:
Salaries and Benefits $ 147,329 $ 147,322
supplies 4,720 4,696
Maintenance 3,490 3,033
Purchased Professional Services 30 22
Purchased Property Services 1,470 1,454
Other Purchased Services 16,240 16,236
Capital Outlay 251 250
Total Development Services Administration 173,530 173,013
Engineering:
Salaries and Benefits 456,063 389,059
Supplies 25, 167 23,267
Maintenance 3,830 3,239
Purchased Professional Services 21,758 11,661
Purchased Property services 5,410 4,434
Other Purchased services 42,521 42,068
Capital Outlay 25,249 17 911
Total Engineering 579,998 491,639
Planning:
Salaries and Benefits 767,986 764,637
Supplies 35,364 26,255
Maintenance 9,670 3,666
Purchased Professional Services 21,270 10,493
Purchased Property Services 9,760 9,416
Other Purchased Services 83,221 76,755
Capital Outlay 47,252 29,701
Total Planning 974,523 920,923
Total Development Services 11 7281051 115851575
(Continued)
- 76 -
Variance
Favorable
(Unfavorable)
$ 7
24
457
8
16
4
517
67,004
1,900
591
10,097
976
453
7,338
88,359
3,349
9, 109
6,004
10, 777
344
6,466
17 ,551
53,600
1421476
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year E n ded September 30, 1993
(Continued)
Budget Actual
Parks:
Parks Ad•inistration:
Salaries and Benefits $ 253,520 $ 250,865
supplies 7,960 7,075.
Maintenance 2,570 2,001
Purchased Property Services 2,030 1,369
Other Purchased Services 30,370 27,849
capital Outlay 141370 61666
Total Parks Ad1inistration 3101820 2951825
Recreation:
Salaries and Benefits 385,985 385,952
Supplies 92,470 91, 170
Maintenance 4,540 3,351
Purchased Professional Services 87,060 85,701
Purchased Property services 77,115 71,834
Other Purchased Service 49, 180 47,271
Capital Outlay 121952 121947
Total Recreation 7091302 6981226
Special Facilities:
Salaries and Benefits 466,777 461,820
Supplies 69,730 68,780
Maintenance 39, 747 37,297
Purchased Professional Services 9,810 8,838
Purchased Property Services 111,900 107 ,930
Other Purchased Services 47,290 44,803
Capital Outlay 131780 131700
Total Special Facilities 7591034 743z168
Parks Maintenance:
Salaries and Benefits 550,288 544,454
Supplies 37,720 34,042
Maintenance 76,375 74,342
Purchased Professional Services 3,090 2, 135
Purchased Property Services 91,840 91,355
Other Purchased Services 38,430 37,972
capital Outlay 311910 30.765
Total Parks Maintenance 8291653 8151065
Forestry:
Salaries and Benefits 265,624 243,475
Supplies 19,920 14,931
Maintenance 39,350 30,833
Purchased Professional services 26,540 23' 125
Purchased Property Services 20,430 20,365
Other Purchased Services 22, 150 20,323
Capital Outlay 161370 151933
Total Forestry 4101384 3681985
Total Parks 310191193 2,9211269
(Continued)
- 77-
Variance
Favorable
!Unfavorable}
$ 2,655
885
569
661
2,521
7 704
141995
33
1,300
1, 189
1,359
5,281
1,909
5
111076
4,957
950
2,450
972
3,970
2,487
80
151866
5,834
3,678
2,033
955
485
458
145
141588
22' 149
4,989
8,517
3,415
65
1,827
437
41 399
97 924
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1993
(Continued)
Budget Actual
Public Services:
Public Services Ad•inistration:
Salaries and Benefits $ 187,639 $ 187,622
supplies 4,000 3,975
Maintenance 1,660 850
Purchased Professional Services 30 22
Purchased Property Services 14,820 14,813
Other Purchased Services 22,120 22' 101
capital Outlay 600 600
Total Public Services Ad•inistration 2301869 2291983
Streets Maintenance:
Salaries and Benefits 528,972 500,706
Supplies 25,558 25,558
Maintenance 881, 158 616,162
Purchased Professional Services 60, 125 13' 165
Purchased Property Services 20,690 20,680
Other Purchased services 147,111 141,805
Capital Outlay 31362 31362
Total Streets Maintenance 11666,976 113211438
Drainage Maintenance:
Salaries and Benefits 109, 100 108,214
Supplies 2,640 2,620
Maintenance 9,650 8,227
Purchased Property services 4,880 4,872
Other Purchased Services 301350 291980
Total Drainage Maintenance 1561620 1531913
Fleet Services:
Salaries and Benefits 392' 126 381,356
Supplies 26,076 22,114
Maintenance 11,650 9,989
Purchased Professional Services 1 ,030 442
Purchased Property Services 15,930 12,609
Other Purchased Services 25,500 22,824
Capital Outlay 260 250
Total Fleet Services 4721572 4491584
Traffic
Salaries and Benefits 92,243 89,957
Supplies 3,030 2,218
Maintenance 31,020 19,506
Purchased Professional Services 5,000 22
Purchased Property services 790 700
Other Purchased Services 31040 31036
Total Traffic 1351123 1151439
Total Public Services 21662!160 2,2701357
(Continued)
-78 -
Variance
Favorable
(Unfavorable)
$ 17
25
810
8
7
19
0
886
28,266
0
264,996
46,960
10
5,306
0
3451538
886
20
1,423
8
370
2 707
10,770
3,962
1'661
588
3,321
2,676
10
221988
2,286
812
11,514
4,978
90
4
19 684
391,803
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
B UDG ET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1993
(Continued)
Budget Actual
Manage•ent Services:
Manage•ent Services Administration:
Salaries and Benefits $ 104 ,683 $ 104,667
supplies 2,960 2,576
Maintenance 858 858
Purchased Property Services 380 355
Other Purchased Services 5,037 4,210
capital Outlay 11200 11200
Total Manage•ent Services Administration 1151118 1133866
Public Relations:
Salaries and Benefits 163,709 161,811
Supplies 3,935 3,457
Maintenance 7,850 7,370
Purchased Professional Services 70 66
Purchased Property Services. 1,230 1,039
Other Purchased Services 24,425 20,476
Capital Outlay 81700 71557
Total Public Relations 2091919 2011776
Energy Manage•ent Services:
Salaries and Benefits 140, 551 140, 131
Supplies 6,680 6,060
Maintenance 1,035 586
Purchased Professional Services 39,010 10,905
Purchased Property Services 1,320 701
Other Purchased Services 14,666 14,530
capital Outlay 131400 131241
Total Energy Manage•ent Services 2161662 1861154
Management Information services:
Salaries and Benefits 279,300 272,417
supplies 3,630 3,624
Maintenance 207,249 198,887
Purchased Professional Services 80 69
Purchased Property Services 5,920 5,911
Other Purchased Services 22,725 22,714
Capital Outlay 201901 201892
Total Management Infor1ation Services 5391805 5241514
(Continued)
-79 -
Variance
Favorable
(Unfavorable)
$ 16
384
0
25
827
0
11252
1,898
478
480
4
191
3,949
1 143
81143
420
620
449
28, 105
619
136
159
301508
6,883
6
8,362
11
9
11
9
151291
CITY OF COLLEGE STATION, TEXAS
GENERAL FUND
SCHEDULE OF EXPENDITURES
BUDGET AND ACTUAL (BUDGETARY BASIS)
For the Fiscal Year Ended September 30, 1993
(Continued)
Facilities Maintenance:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total Facilities Maintenance
Total Manage•ent Services
Library Services:
Library:
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
capital Outlay
Total Library Services/Library
Nondepart•ental:
Rei•bursed Ad•inistrative
Special Progra•s and Projects
Public Agency Funding
Inventory Loss
Contingency
Expected Expenditure Savings
Total Nondepart•ental
Subtotal
Less Rei•bursed Ad•inistrative
Total General Fund Expenditures
- 80-
Budget
$ 153,111
11,750
131,533
100,927
51,680
9,990
241630
4831621
115651125
300
490
221,297
62,460
760
401000
3251307
75,000
59,786
202,300
0
310
{6851000)
{3471604)
1911521639
{310191852)
$161 132 I 787
Actual
$ 148, 156
9,764
111,408
96,342
51,671
8,777
241615
4501733
114771043
0
234
220, 119
62,435
690
401000
3231478
75,000
50,336
202,289
(138)
0
0
3271487
1818641756
!310181450)
$1518461306
Variance
Favorable
(Unfavorable)
$ 4,955
1 ,986
20J125
4,585
9
1,213
15
321888
881082
300
256
1,178
25
70
0
829
0
9,450
11
138
310
{6851000)
{6751091)
2871883
!11402)
$ 2861481
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.
- 81 -
CITY OF COLLEGE STATION, TEXAS
DEBT SERVICE FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Delinquent Taxes
Accrued Interest
Note
Total Assets
Liabilities and Fund Balance
Liabilities:
Accounts Payable
Accrued Liabilities
Deferred Revenues:
Deferred Taxes
Note Receivable
Total Liabilities
Fund Balance:
Reserved for Debt Service
Total Fund Balance
Total Liabilities and Fund Balance
-82-
1993
$ 191,408
678,627
238,562
30, 105
495,279
$1,633,981
$ 4, 134
24' 135
238,562
495.279
762, 110
87 1 ,87 1
87 1 ,871
$1,633,981
1992
$ 74,005
782, 146
271, 158
22,406
562,056
i1 ,7 11,771
$ 0
47,604
271, 158
562,056
880,818
830,953
830,953
$1'711'771
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, 1993 and 1992
Revenues
Current Property Taxes
Interest on Investments
Loan Repayments
Other
Total Revenues
Expenditures:
Principal Retirement
Interest Payments
Fiscal Charges
Total Expenditures
Excess (Deficiency) of Revenues
Over/(Under) Expenditures
Other Financing Sources:
Operating Transfers In
Proceeds from Long Term Debt Issuance
Total Other Financing Sources
Excess (Deficiency) of Revenues and
Other Financing Sources Over/(Under)
Expenditures
Fund Balance, October 1
Fund Balance, September 30
-83-
1993
$3,351,369
131 ,674
66,777
3
3,549,823
2,111,906
1,390,017
6,982
3,508,905
40,918
0
0
0
40,918
830,953
$ 871,871
1992
$3,125,805
151,446
62,944
0
3,340, 195
3,332,876
1,501,601
9, 127
4,843,604
(1 ,503,409)
58,944
1,125,000
1,183,944
(319,465)
1,150,418
$ 830,953
-84-
SPECIAL REVENUE FUNDS
Special revenue funds are used to account for specific revenues that are legally
restricted to expenditures for p a rtic ular purposes.
Community Development -to account for funds granted to the City by the
National D e p a rt m en t of Housing and Urban Development for use on various
community improvement projects.
Hotel/Motel Tax -to account for th e r eceipt and expenditure of funds received by
the City from the assessment of hotel and motel occupancy tax. Usage of funds
is restricted to the c onstruc tion and m ai n ten ance of convention and civic facilities
and to the promotion of tourism and arts wit hin the City.
Parks Escrow -to account for the receipt and expenditure of funds received by
the City from residential lan d developers. Developers either dedicate land or
money in lieu of land for use in the de vel opm ent of neighborhood parks in
residential areas.
-85-
CITY OF COLLEGE STATION, TEXAS
SPECIAL REVENUE FUNDS
COMBINING BALANCE SHEET
(With
September 30, 1993
comparative totals for the fiscal year ended Sep temb er 30, 1992)
Assets
Equity in Caeh and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Grants
Letter of Credit
Account a
Loans
Less Allowance for Uncollectible Accounts
Property .Held for Resale
Total Assets
Liabilities and Fund Balances
Liabilities:
Accounts Payable
Retainage Payable
Refundable Deposits
Accrued Liabilities
Def erred Revenues
Total Liabilities
Fund Balances:
Reserved:
Reserved for Encumbrances
Reserved for Property Held for Resale
Unreserved:
Design�ted for Subsequent Years•
Expenditures
Un designated
Total Fund Balances
Total Liabilities and Fund Balances
Community
Development
$
$
$
$
2,925
10,067
0
100,281
0
1,259
219,870
0
57,500
391,902
6,506
15,687
0
4J600
219, 870
246,663
302, 159
57 ,500
60,910
(275,330)
145,239
391 ,902
-86-
Totals
Hotel/Motel Parks
Tax Escrow 1993
$ 139,830 $ 63,328 $ 206,083 $
516,649 233,985 760, 701
24,042 10,558 34,600
0 0 100,281
0 25,425 25 ,425
9,210 0 10,469
0 0 219,870
(1,377) 0 (1,377)
0 0 57,500
$ 688,354 $ 333,296 $ 1,413,552 $
$ 10,973 $ 0 $ 17 ,479 $
0 1,373 17,060
13,832 0 13,832
856 0 5 ,455
120 0 219,990
25 781 1 373 273,817
15,852 0 318,011
0 0 57 ,500
203 299, 168 360,281
646,518 32, 755 403,943
662,573 331,923 1I139,735
$ 688,354 $ 333,296 $ 1,413,552 $
1992
137,988
834.,074
23,202
61,518
25,425
7 ,298
204,439
(672)
0
1,293,272
46,963
15,344
12,313
s1so1
204 ,439
284 ,566
62 ,7 10
0
297 ,796
648,200
1,008,706
1 ,293,272
CITY OF COLLEGE STATION1 TEXAS
SPECIAL REVENUE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENDITUBESAND
CHANGES IN FUND BALANCES --··------"-�--·--
For the Fiscal Year Ended September 30, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
Totals
Community Hotel/Motel Parks
Development Tax Escrow 1993 1992
Revenues:
Taxes $ 0 $ 1,100,815 $ 0 $ 1,100,815 $ 1,123,931
Grants 789,692 0 0 789,692 714, 147
Fines, Forfeits and Penalties 0 827 0 827 635
Interest on Invest•enta 0 40, 789 19,010 59,799 70,356
Rents and Royalties 0 85,352 0 85,352 72,948
Loan Repay•ents 9,432 0 0 9,432 8,580
Interest on Loans 9,059 0 0 g,os9 8,755
Contributions 63,500 3,800 0 67,300 1,175
Other 3,105 9,818 13,745 26,668 4,014
Total Revenues 874,788 1 ,241 ,401 32,755 2,148,944 2,004,541
Expenditures:
Current:
Housing Rehabilitation 360,629 0 0 360,629 368,596
ReiMbursed Administrative 230,388 218,428 0 448,816 428, 171
Special Prograas and Projects 0 193,145 0 193, 145 134,806
Public Agency Funding 130,310 534,437 0 664,747 583,562
Contributions 25,000 0 0 25,000 0
, InteriM Assistance 5,148 0 0 5,148 3,155
Subrecipient Projects 0 0 0 0 5,056
Clearance 16,249 0 0 16,249 14,g54
Other 0 1,449 0 1,449 5,412
Capital OUtlay 31,639 32,399 0 64,038 59,616
Total Expenditures 799,363 979,858 0 1!779,221 1 ,603,328
Excess of Revenues Over Expenditures 75,425 261 ,543 32,755 369,723 401 ,213
Other Financing Uses:
Operating Transfers OUt 0 238,694 0 238,694 329,897
Total Other Financing Uses 0 238,694 0 238,694 329,897
Excess of Revenues Over Expenditures
and other Financing Uses 75,425 22,849 32,755 131,029 71,316
Fund Balances, October 1 69,814 639,724 299,168 1,008,706 937,390
Fund Balances, September 30 s 145,239 $ 662,573 $ 331,923 $ 1,139,735 s 1,ooa,106
• 87-
CITY OF COLLEGE STATION. TEXAS
COMMUNITY DEVELOPMENT FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Grants
Accounts
Loans
Property Held for Resale
Total Assets
Liabilities and Fund Balances
Liabilities:
Accounts Payable
Retainage Payable
Accrued Liabilities
Deferred Revenue
Total Liabilities
Fund Balances:
Reserved:
Reserved for Encumbrances
Reserved for Property Held for Resale
Unreserved:
Designated for Subsequent Years'
Expenditures
Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
-88 -
$
1993
2,925
10,067
100,281
1,259
219,870
57,500
$ 391,902
$ 6,506
15,687
4,600
219,870
246,663
302, 159
57,500
60,910
(275,330)
145,239
$ 391,902
1992
$ 62,693
0
61,518
602
204,439
0
$ 329,252
$ 35,921
13,971
5, 107
204,439
259,438
61,389
0
8,425
0
69,814
$ 329,252
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, 1993 and 1992
Revenues:
Grants
Fines, Forfeits and Penalties
Interest on Investments
Loan Repayments
Interest on Loans
Contributions
Other
Total Revenues
Expenditures:
Current:
Housing Rehabilitation
Reimbursed Administrative
Public Agency Funding
Contributions
Interim Assistance
Subrecipient Projects
Clearance
Other
Capital Oulay
Total Expenditures
Excess of Revenues
Over Expenditures
Fund Balances, October 1
Fund Balances, September 30
-89-
1993
$ 789,692
0
0
9,432
9,059
63,500
3, 105
874,788
360,629
230,388
130,310
25,000
5, 148
0
16,249
0
31,639
799,363
75,425
69,814
$ 145,239
1992
$ 714,147
$
12
1 ,241
8,580
8,755
0
2,424
735, 159
368,596
212,884
101,562
0
3, 155
5,056
14,.954
3, 187
24,710
734, 104
1,055
68,759
69,814
CITY OF COLLEGE STATION. TEXAS
COMMUNITY DEVELOPMENT FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Revenues:
Grants
Loan Repayments
Interest on Loans
Contributions
Other
Total Revenues
Expenditures:
Current:
Housing Rehabilitation
Reimbursed Administrative
Public Agency Funding
Interim Assistance
Clearance
Contributions
Capital Outlay
Total Expenditures
Excess of Revenues Over (Under) Expenditures
Fund Balance, October 1
Fund Balance, September 30
Budget
$1,507,879
0
0
0
20,000
1,527,879
566,930
251,718
137,977
30,148
28,148
0
537,958
1,552,879
(25,000)
7
$ (24,993)
-90-
Actual
$789,692
9,432
9,059
63,500
3,105
874,788
360,629
230,388
130,310
5,148
16,249
25,000
31,639
799,363
75,425
69,814
$145,239
Variance
Favorable
(Unfavorable)
$(718,187)
9,432
9,059
63,500
(16,895)
(653,091)
206,301
21,330
7,667
25,000
11,899
(25,000)
506,319
753,516
100,425
69,807
$170,232
CITY OF COLLEGE STATION, TEXAS
HOTEL/MOTEL TAX FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Accounts
Allowance for Uncollectible Accounts
Total Assets
Liabilities and Fund Balances
Liabilities:
Accounts Payable
Refundable Deposits
Accrued Liabilities
Def erred Revenues
Total Liabilities
Fund Balances:
Reserved:
Reserved for Encumbrances
Unreserved:
Designated for Subsequent
Year's Expenditures
Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
- 91 -
1993
$ 139,830
516,649
24,042
9,210
(1 ,377)
$ 688,354
$ 10,973
13,832
856
120
25,781
15,852
203·
646,518
662,573
$ 688,354
1992
$ 53,086
588,052
16,317
6,696
(672)
$ 663,479
$ 11,042
12,313
400
0
23,755
1,321
203
638,200
639,724
$ 663,479
CITY OF COLLEGE STATION. TEXAS
HOTEWMOTELTAXFUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the Fiscal Years Ended September 30, 1993 and 1992
Revenues:
Taxes
Rents
Fines, Forfeits and Penalties
Interest on Investments
Contributions
Other
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Salaries and Benefits
Supplies
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Special Programs and Projects
Public Agency Funding
Other
Capital Outlay
Total Expenditures
Excess of Revenues Over Expenditures
Other Financing Uses:
Operating Transfers Out
Total Other Financing Uses
Excess of Revenues Over Expenditures
and Other Financing Uses
Fund Balance, October 1
Fund Balance, September 30
-92 -
1993
$ 1,100,815
85,352
827
40,789
3,800
9,818
1, 241, 401
218,428
18,884
35,787
47,728
3,876
86,870
0
534,437
1 ,449
32,399
979,858
261 ,543
238,694
238,694
22,849
639,724
$ 662,573
1992
$ 1'123 ,931
72,948
623
47,019
1,175
1 ,590
1,247,286
215,287
0
0
0
0
0
134,806
482,000
2,225
0
834,318
412,968
329,897
329,897
83,071
556,653
$ 639,724
CITY OF COLLEGE STATION. TEXAS
HOTELJMOTELTAXFU ND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Revenues:
Taxes
Rents and Royalties
Fines, Forfeits, and Penalties
Interest on Investments
Contributions
Other
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Special Programs and Projects
Public Agency Funding
Other
Contingency
Capital Outlay
Total Expenditures
Excess of Revenues Over Expenditures
Other Financing Uses:
Operating Transfers Out
Total Other Financing Uses
Excess (Deficiency) of Revenues
Over/(Under) Expenditures and Other
Financing Uses
Fund Balance, October 1
Fund Balance. September 30
Budget Actual
$1,060,000 $1, 100,815
65,100 85,352
0 827
25,000 40,789
0 3,800
1,500 9,818
1, 151,600 1,241,401
266,607 218,428
214,690 193, 145
534,400 534,437
0 1,449
1,693 0
5, 121 32,399
1,022,511 979,858
129,089 261,543
399,759 238,694
399,759 238,694
(270,670) 22,849
253,657 639,724
$ (17.013) $ 662,573
-93-
Variance
Favorable
(Unfavorable)
$ 40,815
20,252
827
15,789
3,800
8,318
89,801
48, 179
21,545
(37)
(1,449)
1,693
(27,278)
42,653
132,454
161,065
161,065
293,519
386,067
$ 679.586
CITY OF COLLEGE STATION, TEXAS
PARKS ESCROW FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
1993 1992
Assets
Equity in Cash and cash Equivalents $ 63,328 $ 22,209
Equity in Investments 233,985 246,022
Receivables:
Accrued Interest 10,558 6,885
Letter of Credit 251425 251425
Total Assets $ 333,296 $ 300,541
Liabilities and Fund Balances
Liabilities:
Retainage Payable $ 11373 $ 11373
Total Liabilities 11373 1 ,373
Fund Balances:
Unreserved:
Designated for Subsequent
Year's Expenditures 299, 168 289, 168
Undesignated 321755 102000
Total Fund Balances 331 ,923 2992168
Total Liabilities and Fund Balances $ 3331296 $ 3002541
- 94-
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, 1993 and 1992
Revenues:
Interest On Investments
Other
Total Revenues
Expenditures:
Capital Outlay
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Fund Balances, October 1
Fund Balances, September 30
-95 -
$
1993
19,010
13, 745
32,755
0
0
32,755
299, 168
$ 331,923
$
1992
22,096
0
22,096
34,906
34,906
(12,810)
311,978
$ 299, 168
CITY OF COLLEGE STATION. TEXAS
PARKS ESCROW FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL (BUDGETARY BASIS)
Revenues:
Interest Earnings
Other
Total Revenues
Fund Balance, October 1
Fund Balance, September 30
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Budget Actual
$ 0 $ 19,010
0 13,745
0 32,755
311,978 299,168
$311,978 $331,923
-96-
Variance
Favorable
(Unfavorable)
$ 19,010
13,745
32,755
(12,810)
$ 19,945
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.
Capital Equipment -to account for the cost of acquisition and replacement of
vehicles and equipment to be made with funds provided by operating funds.
1982 Series II Bond -to account for the cost of parks and street i m prove ments ,
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 imp rovements , building
construction, and park improvements to be made with funds provided by
proceeds of the 1984 Series of general obligation bonds.
1989 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
1989 Series of general obligation bonds.
1991 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.
-97 -
CITY OF COLLEGE STATION, TEXAS
CAPITAL PROJECTS FUNDS
COMBINING BALANCE SHEET
September 30, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
Assets
Equity in Cash and Cash Equivalents
Equity in Invest•ents
Receivables:
Accrued Interest
Grants
Prepaid Costs
Total Assets
Liabilities and Fund Balances
Liabilities:
Accounts Payable
Retainage Payable
Accrued Liabilities
Custo•er construction Advances
Total Liabilities
Fund Balances:
Reserved:
Reserved for Encu•brances
Reserved for Prepaids
Unreserved Designated for:
Drainage Projects
General Govern•ent Projects
Parks Projects
Streets Projects
Traffic Signalization Projects
Unreserved Undesignated
Total Fund Balances (Deficit)
Total Liabilities and Fund Balances
-98-
$
$
Capital
EguipRtent
0
0
0
0
0
0
$ 4 74 ,788
2,324
0
0
$
477 112
89,932
0
0
0
0
0
0
(567,044)
(477,112)
0
1982
Series II
Bond
$ 217,010
112,515
4,077
25,DOO
0
$ 358,602
$ 286
25,944
373
0
26,603
59,097
0
0
272,902
0
0
0
0
331,999
$ 358,602
1984 Bond
$ 29,587
109,318
5,749
0
0
$ 144 ,654
$ 0
7,736
0
0
7 736
251,018
0
0
0
0
0
0
( 114 t 100)
136,918
$ 144 ,654
Totals
1989 Bond 1991 Bond 1993 1992
$ 131,244 $ 479, 157 $ 856,998 $ 500,082
1,174,222 1, 770,410 3,166,465 5,539,582
53,416 80, 176 143,418 151,463
0 3,423 28,423 440,212
0 0 0 10,006
! 11358,882 $ 213331166 $ 4, 195,304 $ 6,641,345
$ 45,317 $ 154,237 $ 674,628 $ 437,752
0 36,541 72,545 74,042
0 0 373 373
0 50,000 50,000 0
45,317 240,778 797,546 512,167
20,422 742,368 1,162,837 836,034
0 0 0 10,006
0 0 0 110,909
0 0 272,902 404,864
15,984 0 15,984 644,487
0 1,235,707 1,235,707 3,600,216
0 0 0 70,986
1,277,159 114,313 710,328 451,676
1,313,565 2,092,388 3,397,758 6, 129, 178
! 11358,882 $ 21333, 166 $ 4, 195,304 $ 6,641,345
-99-
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, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
Revenues:
Grants
Special Assess•ents
Interest on Invest•ents
Contributions
Other
Total Revenues
Expenditures:
Current:
Rei•bursed Ad•inistrative
Other
Capital Outlay
Debt Service:
Bond Issuance costs
Total Expenditures
Excess (Deficiency) of Revenues
over (Under} Expenditures
Other Financing Sources (Uses):
Proceeds fro• Long Ter• Debt Issuance
Pre•iu•s on Bonds Sold
Operating Transfers In
Operating Transfers Out
Total Other Financing Sources (Uses)
Excess (Deficiency) of Revenues and Other
Financing sources (Under) Expenditures
and Other Financing Sources (Uses)
Fund Balances, October 1
Fund Balances, Septe•ber 30
-100 -
$
Capital
Eguip•ent
0
0
0
0
0
0
0
21'051
434,440
0
455,491
(455,491)
0
0
0
0
0
(455,491)
(21,621)
$ (477,112)
$
1982
Series II
Bond
25,000
0
0
0
0
25,000
52, 199
971
1,590,575
0
1,643,745
(1,618,745)
0
0
425,251
0
425 ,251
(1,193,494)
1,525,493
$ 331,999
$
1984 Bond
0
0
13,702
22,500
0
36,202
29' 281
0
120,795
0
150,076
(113,874)
0
0
0
0
0
(113,874}
250,792
$ 136,918
$
1989 Bond
0
40,000
97,792
4,491
0
142,283
51,844
0
85, 186
0
137,030
5 253
0
0
0
( 186, 557)
(186,557)
(1 81,304 )
$ 1,313,565
1991 Bond
$ 65,841
0
157,448
0
0
223,289
67' 182
0
943,364
0
1,010,546
(787,257)
0
0
0
0
0
(787,257)
2,879,645
$ 2,092,388
Totals
$
1993
90,841
40,000
268,942
26,991
0
426,774
200,506
22,022
3,174,360
0
3,396,B88
(2,970,114)
0
0
425,251
(186, 557)
238,694
(2,731,420)
6,129,178
$ 3 ,397,758
- 101 -
1992
$ 521 ,450
0
512,360
100, 113
128
1,134,051
188,852
4,647
2,511,769
62,395
2 ,767,663
(1,633,612)
3,500,000
275
270,953
0
3,771 ,22B
2, 137 ,616
3,991,562
$ 6,129,178
CITY OF COLLEGE STATION, TEXAS
CAPITAL EQUIPMENT FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Receivables:
Grants
Total Assets
Liabilities and Fund Balances
Liabilities:
Accounts Payable
Retainage Payable
Total Liabilities
Fund Balances:
Reserved for Encumbrances
Unreserved Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
-102 -
1993
$ 0
$ 0
$ 474,788
2,324
$
477,112
89,932
(567,044)
(477,112)
0
1992
$ 157,302
$ 157,302
$ 178,923
0
178,923
1,188
(22,809)
(21 ,621)
$ 157,302
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, 1993 and 1992
Revenues
Grants
Total Revenues
Expenditures:
Current:
Interest
Capital Outlay
Total Expenditures
Deficiency of Revenues
Under Expenditures
Fund Balance (Deficit), October 1
Fund Balance (Deficit), September 30
-103 -
$
1993
0
0
21 ,051
434,440
455,491
(455,491)
(21,621)
$ (477,112)
1992
$ 157,302
157,302
4,647
361I167
365,814
(208,512)
186,891
$ (21 ,621)
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, 1993
Variance
Favorable
Budget Actual (Unfavorable)
Expenditures:
Current:
Other $ 0 $ 21,051 $ (21,051)
Capital Outlay 3,898,200 434,440 3,463,760
Total Expenditures 3,898,200 455,491 3,442,709
Excess (Deficiency) of Revenues Over/(Under)
Expenditures (3,898,200) (455,491) 3,442,709
Other Financing Sources:
Proceeds From Long Term Debt Issuance 3,898,200 0 (3, 898, 200)
Total Other Financing Sources 3,.898,200 0 (3,898,200)
Deficiency of Revenues and Other Financing
Sources Under Expenditures 0 (455,491) (455,491)
Fund Balance, October 1 0 (21,621) (21,621)
Fund Balance, September 30 $ n $ (477, 112) $ (477, 112) v
-104-
CITY OF COLLEGE STATION, TEXAS
1982 SERIES II BOND FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Grants
Prepaid Costs
Total Assets
Liabilities and Fund Balances
Liabilities:
Accounts Payable
Retainage Payable
Miscellaneous Accrued Liabilities
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
-105 -
$
$
$
$
1993
217,010
112,515
4,077
25,000
0
358,602
286
25,944
373
26,603
59,09.7
0
0
272,902
0
0
0
0
331,999
358,602
1992
$ 1 24 ,675
1,381,067
40,413
274,247
10,006
$1 ,830,408
$ 239,309
65 ,23 3
373
304,915
532,498
10,006
0
380,002
134,820
.61,812
70,986
335,369
1,525,493
$1,830,408
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, 1993 and 1992
Revenues
Grants
Interest on Investments
Contributions
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Other
Capital Outlay
Total Expenditures
Deficiency of Revenue.s
Under Expenditures
Other Financing Sources:
Operating Transfers In
Total Other Financing Sources
Deficiency of Revenues and Other
Financing Sources Under Expenditures
Fund Balance, Octobe.r 1
Fund Balance, September 30
-106 -
$
1993
25,000
0
0
25,000
52, 199
971
1,590,575
1,643!745
(1,618,745)
425,251
425,251
(1,193,494)
1,525,493
$ 331,999
$
1992
355,485
142' 189
100, 113
597,787
57,957
0
1,369,607
1,427,564
(829,777)
270,953
270,953
(558,824)
2,084,317
$1,525,493
CITY OF COLLEGE STA110N. TEXAS
1982 SERIES II BOND FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Revenues:
Grants
Interest
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Other
Contingency
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 Balance, October 1
Fund Balance, September 30
Budget Actual
$ 0 $ 25,000
72,152 0
72,152 25,000
72,557 52,199
0 971
85,000 0
2,409,100 1,590,575
2,566,657 1,643,745
(2,494,505) (1,618,745)
393,122 425,251
393,122 425,251
(2, 101,383) (1, 193,494)
1,500,000 1,525,493
$ (601,383) $ 331,999
• 107.
Variance
Favorable
(Unfavorable)
$ 25,000
(72, 152)
(47, 152)
20,358
(971)
85,000
818,525
922,912
875,760
32,129
32,129
907,889
25,493
$ 933,382
CITY OF COLLEGE STATION. TEXAS
1984 BOND FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Total Assets
Liabilities and Fund Balances
Liabilities:
Accounts Payable
Retainage Payable
Total Liabilities
Fund Balances:
Reserved:
Reserved for Encumbrances
Unreserved Designated for:
Drainage Projects
Unreserved Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
· 108.
1993
$ 29,587
109,318
5 •. 749
$ 144,654
$ 0
7,736
7,736
251,018
0
(114,100)
136,918
$ 144,654
1992
$ 21,525
238,448
4,957
$ 264,930
$ 6,402
7,736
14, 138
139,.883
156,957
(46,048)
250,792
$ 264,930
CITY OF COLLEGE STATION, TEXAS
1964 BOND FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCES
For the Fiscal Years Ended September 30, 1993 and 1992
Revenues:
Interest on Investments
Contributions
Other
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Capital Outlay
Total Expenditures
Deficiency of Revenues
Under Expenditures
Fund Balance, October 1
Fund Balance, September 30
-109-
1993
$ 13, 702
22,500
0
36,202
29,281
120,795
150,076
(113,874)
250,792
$ 136,918
1992
$ 16,618
0
128
16 746
33,601
4,020
37,621
(20,875)
271 ,667
$ 250,792
CITY OF COLLEGE STATION, TEXAS
1984 BOND FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Revenues:
Interest
Other
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Capital Outlay
Total Expenditures
Excess (Deficiency) of Revenues
Over/(Under) Expenditures
Fund Balance, October 1
Fund Balance, September 30
-11 0 -
Budget Actual
$ 9,952 $ 13,702
0 22,500
9,952 36,202
33,601 29 ,281
550,000 120,795
583,601 150,076
(573,649) (113,874)
250,000 250,792
$ (323,649) $136,918
Variance
Favorable
(Unfavorable)
$ 3,750
22,500
26,250
4,320
429,205·
433,525
459,775
792
$460,567
CITY OF COLLEGE STATION, TEXAS
1989 BOND FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Total Assets
Liabilities and Fund Balances
Liabilities:
Accounts Payable
Total Liabilities
Fund Balances:
Reserved:
Reserved for Encumbrances
Unreserved Designated for:
General Government Projects
Parks Projects
Streets Projects
Unreserved Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
-111 -
1993
$ 131,244
1,174,222
53,416
$1,358,882
$ 45,317
45 317
20,422
0
15,984
0
1,277'159
1 ,313,565
$1,358,882
1992
$ 121 ,086
1 '341'312
36,351
$1,498,749
$ 3,880
3,880
56,032
24,862
99,315
1,175,544
139' 116
1,494,869
$1,498,749
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, 1993 and 1992
Revenues:
Special Assessments
Interest on Investments
Contributions
Total Revenues
Expenditures.:
Current:
Reimbursed Administrative
Capital Outlay
Total Expenditures
Excess (Deficiency) of Revenues
Over (Under) Expenditures
Other Financing Uses:
Operating Transfers Out
Total Other Financing Uses
Deficiency of Revenues
Under Expenditures
and Qther Financing Uses
Fund Balance, October 1
Fund Balance, September 30
• 112.
1993
$ 40,000
97,792
4,491
142,283
51,844
85, 186
137,030
5,253
186,557
186,557
(181,304)
1,494,869
$1,313,565
$
1992
0
115,532
0
115,532
18, 171
167,200
185,371
(69,839)
0
0
(69,839)
1,564,708
$1,494,869
CITY OF COLLEGE STATION, TEXAS
1989 BONO FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Revenues:
Special Assessments
Interest on Investments
Contributions
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Capital Outlay
Contingency
Total Expenditures
Excess (Deficiency) of Revenues
Over/(Under) Expenditures
Other Financing Uses:
Operating Transfers Out
Total Other Financing Uses
Excess. (Deficiency) of Revenues
Over/(Under) Expenditures and Other
Financing Uses
Fund Balance, October 1
Fund Balance, September 30
- 113 -
Budget Actual
$ 0 $ 40,000
54,737 97,792
0 4,491
54,737 142,283
51,929 51,844
854,400 8 5,186
61,000 0
967,329 137,030
(912,592) 5,253
0 186,557
0 186,557
(912,592) (181,304)
1,291,302 1,494,869
$ 378,710 $1,313,565
Variance
Favorable
(Unfavorable)
$ 40,000
43,055
4,491
8 7,54 6
85
769,214
61,000
830,299
917,845
(186,557)
(186,557)
731,288
203,5 67
$ 934,855
CITY OF COLLEGE STATION. TEXAS
1991 BOND FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Grants
Total Assets
Liabilities and.Fund Balances
Liabilities:
Accounts Payable
Retainage Payable
Customer Construction Advances
Total Liabilities
Fund Balances:
Reserved:
Reserved for Encumbrances.
Unreserved Designated for:
Par.ks Projects
Streets Projects
Unreserved Undesignated
Total Fund Balances
Total Liabilities and Fund Balances
-114 -
1993
$ 479, 157
1,770,410
so, 176
31423
$213331166
$ 154,237
36,541
501000
240,778
742,368
0
1,235,707
1141313
210921388
$213331166
1992
$ 232,796
2,578,755
69,742
81663
$21 8891956
$ 9,238
1,073
0
10.311.
106,433
410,352
2,396,343
(33,483)
218791645
$218891956
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, 1993 and 1992
Revenues:
Grants
Interest on Investments
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Capital Outlay
Debt Service:
Bond Issuance Costs
Total Expenditures
Deficiency of Revenues
Under Expenditures
Other Financing Sources:
Proceeds from Long Term Debt Issuance
Premiums on Bonds Sold
Total Other Financing Sources
Excess (Deficiency) of Revenues and
Other Financing Sources Over (Under)
Expenditures
Fund Balance, October 1
Fund Balance, September 30
-1 15 -
1993
$ 65,841
157,448
223,289
67' 182
943,364
0
1 ,010,546
(787,257)
0
0
0
(787,257)
2,879,645
$2,092,388
$
1992
8,663
238,021
246,684
79, 123
609,775
62,395
751 ,293
(504,609)
3,500,000
275
3,500,275
2,995,666
( 116 '021 )
$2,879,645
CITY OF COLLEGE STATION, TEXAS
1991 BOND FUND
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Revenues:
Grants
Interest on Investments
Total Revenues
Expenditures:
Current:
Reimbursed Administrative
Capital Outlay
Contingency
Total Expenditures
Excess (Deficiency) of Revenues
Over/(Under) Expenditures
Fund Balance, October 1
Fund Balance, September 30
-116 -
Budget Actual
$ 0 $ 65,841
111,960 157,448
111,960 223,289
89, 111 67,182
2,413,000 943,364
104,000 0
2,606, 111 1,010,546
(2,494, 151) (787,257)
2,700,000 2,879,645
$ 205,849 $2,092,388
Variance
Favorable
(Unfavorable)
$ 65,841
45,488
111,329
21,929
1,469,636
104,000
1,595,565
1,706,894
179,645
$1,886,539
ENTERPRISE FUNDS
Enterprise funds are used to account for operations that are financed and
operate d in a manner similar to private business enterprises -where the intent of
the government's council is that the costs of providing goods or services to the
general public on a continuing basis 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 accou nta b ility purposes.
Electric -to account for revenues and expense s r e l ated to the operation and
maintenance of the ele ctric systems of the City. All activities necessary to
pr ovide such service s are accounted for in this fund, and include, but are not
l im ited to administration, operations, maintenance, and financing and related
debt service.
Water -to account for revenues and expense s re l ated 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
s uch 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.
-117 -
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING BALANCE SHEET
September 30, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
Electric Water sewer
Assets
Current Assets:
Equity in Cash and Cash Equivalents $ 1,588,015 $ 0 $ 280, 177
Equity in Invest•ents 5,867,454 0 1 ,035,207
Receivables:
Accrued Interest 333,979 0 65,019
Accounts 4,525,622 512,538 234,009
Special Assess•ents 0 0 4,794
Other 461 ,451 0 0
Less Allowance for Uncollectible
Accounts (512,654) (23,044) (8,554)
Interfund Receivables 163,922 0 0
Inventories 1,225,306 251 ,840 7,228
Prepaid costs 2 610 0 600
Total Current Assets 13,655,705 741,334 1,618,480
Restricted Assets:
Equity in Cash and Cash Equivalents 693,940 370,431 651,067
Equity in Invest•ents 2,563,995 1,368,683 2,405,586
Receivables:
Accrued Interest Receivable 49,025 41,604 98,887
Accounts 51,567 0 0
Special Assess•ents 0 1 865 0
Total Restricted Assets 3,358,527 1,782,583 3, 155,540
Note Receivable fro• Joint Venture 0 0 0
Equity in Joint Venture 0 0 0
Advance to Other Funds 1,004,357 0 0
Deferred Charges:
Water Well 0 1,167,075 0
Bond Issuance Costs 62,313 33,542 169,455
Accu•ulated A•ortization !4 ,344) p ,018,943) !7,568)
Total Deferred Charges 57,969 181 674 161,887
Property and Equip•ent:
Utility Plant 22,225,595 28,562,568 20,603,879
Buildings 0 898,760 811,654
Machinery and Equip•ent 116,721 573,463 1,239,547
Accu•ulated Depreciation (8,234,263) (8,118,981) (5,460,250)
Construction in Progress 4,555,798 405,849 2,342,854
Land 0 529,609 426,323
Total Property and Equip•ent, Net 18,663,851 22,851,268 19,964,007
Total Assets $36,740,409 $25,556,859 $24,899,914
-118 -
Solid Totals
waste
Collection 1993 1992
$ 59,886 $ 1,928,078 $ 606,098
221,268 7' 123 ,929 6,751,575
37' 189 436, 187 270,245
169,454 5,441,623 4,911,037
0 4,794 4,794
0 461. 451 654,578
(5,573) (549,825) (737,322)
0 163,922 153,393
5,841 1,490,215 1,218,513
0 3 210 600
488,065 16,503,584 13 ,833 ,511
0 1'715,438 445,842
0 6,338,264 9,477,268
0 189,516 189, 193
0 51,567 S1,567
0 1 865 0
0 8,296,650 10, 163,870
758,599 758,599 836,819
295,597 295,597 350,038
0 1,004 ,357 1, 168,279
0 1, 167 ,075 1,167,075
0 26S,310 64,757
0 p ,030,855) (969,302)
0 401 ,530 262,530
0 71,392,042 69,129,812
0 1,710,414 1,623,308
2,373,681 4,303,412 3,966,245
(1,233,242) (23,046, 736) (20,634,830)
0 7,304,501 4,450,705
0 955,932 944,250
1,140,439 62,619,565 59,479,490
$ 2,682,700 $ 89,879,882 $ 86,094,537
(Continued)
-119 -
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING BALANCE SHEET
September 30, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
(Continued)
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable
Retainage Payable
Interfund Payable
Obligation Under Capital Lease
Accrued Liabilities
custo•er Construction Advances
Other Deferred Revenues
Total Current Liabilities
current Liabilities Payable fro•
Restricted Assets:
Accounts Payable
Accrued Interest Payable
Retainage Payable
Refundable Deposits
Revenue Bonds
General Obligation Bond.s
Certificates of Obligation
Miscellaneous Accrued Liabilities
Total Current Liabilities Payable
fro• Restric.ted Assets
Noncurrent Liabilities:
Revenue Bonds
Una•ortized Pre•iu•s
General Obligation Bonds
Certificates of Obligation
Obligation Under Capital Lease
Advances fro• Other Funds
Accrued Vacation
Total Noncurrent Liabilities
Total Liabilitie.s
Fund Equity:
Contributed Capital
Retained Earnings:
Reserved for Debt Service
Reserved for capital Projects
Unreserved
Total Fund Equity
Total Liabilities and Fund Equity
-120 -
Electric
$ 2,309,807
4,793
0
0
248,460
29,857
2,626
2,595,543
236,189
92,744
104,114
1,834,449
500,372
134,750
13' 100
0
2,915,718
5,060,328
1,711
558,250
65,500
0
0
71 741
5,757,530
11,268,791
3' 105 ,236
638,489
5,472,539
16,255,354
25,471,618
$36, 740,409
Water
$ 737,059
0
0
494,221
29,175
2' 150
0
1,262,605
1,422
126,410
19,704
0
1,089,944
126,500
6,550
22
1,370,552
7,005,656
815
383,500
32,750
1,332,257
0
35,527
8,790,505
11,423,662
3,091,793
1'531'855
3,495,385
6,014,164
14 J 133 I 197
$25,556,859
$
Sewer
57,515
0
0
0
30,876
400
0
88 791
37,913
178,383
66,028
0
744,684
117' 705
6,550
0
1 ,151 ,263
9,769,016
5,623
454,910
32,750
0
0
29 761
10,292,060
11 ! 532 t 114
4 ,071,098
1'197' 729
2,799,175
5,299,798
13,367,800
$24,899,914
Solid
Waste
Collection
$ 16,428 $
0
163,922
0
20,515
0
0
200,865
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,004,357
23,873
1,028,230
1,229,095
54,901
0
0
1 ,398, 704
1,453,605
$ 21682,700 $
Totals
1993
3,120,809
4,793
163,922
494,221
329,026
32,407
2,626
4, 147 ,804
275,524
397,537
189,846
1. 834 ,449
2,335,000
378,955
26,200
22
5,437,533
21,835,000
8, 149
1,396,660
131,000
1,332,257
1,004,357
160,902
25,868,325
35,453,662
10,323,028
3,368,073
11,767,099
28,968,020
541426,220
89,8791882
-121 -
1992
$ 4, 146, 177
0
153,393
451,982
269,441
24,004
2,726
5,047,723
282,524
331,986
128,327
1,898,082
2,375,000
370,795
26,200
0
5,412,914
19,355,000
0
1,775,615
157,200
1 ,826,479
1,168,279
154,292
24,436,865
34,897,502
10,293,534
3,386,500
11,793,591
25,723,410
5111971035
$ 86,094,537
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING STATEMENT OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Year Ended September 30, 1993
(With comparative totals for the fiscal year ended September 30, i 992)
Operating Revenues:
Electric Sales
Water Sales
Sewer Service
Garbage Collection Fees
Other
Total Operating Revenues
Operating Expenses:
Purchased Power
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Rei•bursed Ad•inistrative
Depreciation and A•ortization
Other
Total Operating Expenses
Operating Inco•e
Nonoperating Revenues (Expenses):
Interest Earnings
Rei•bursed Expenses
Contributions
Earnings in Joint Venture
Interest Expense
Other, Net
Total Nonoperating Revenues (Expenses)
Inco•e Before Operating Transfers
Operating Transfers:
Operating Transfers In
Operating Transfers Out
Total Operating Transfers
Inco•e (Loss) Before Extraordinary Ite•
Extraordinary Ite• Loss on Refunding
Net Inco•e (Loss)
Retained Earnings, October 1
Retained Earnings, Septe•ber 30
-122 -
Electric
$ 28,464,801
0
0
0
583,219
29,048,020
19,334,322
1,614,435
1 04 ,003
458,542
3 56,373
130,197
341,490
1,098,562
862,828
25,031
24 ,325,783
4,722,237
781,825
153,683
·o
0
(450,460)
(201,653)
283,395
5,005,632
0
(2,871,704)
(2,871,704)
2' 133' 928
(40,287)
2,093,641
20,272,741
$ 22,366,382
Water
$ 0
5,734,669
0
0
152,045
5,8 86,7 1 4
0
945,234
83 ,539
194,100
6,219
618,740
121,793
811,155
772,321
16,676
3,569,777
2,316,937
42,312
16,895
0
0
(899,523)
(23,255)
(863 ,571)
1 ,453,366
0
(692,550)
(692,550)
760,816
(43,502)
717 ,314
10,324,090
$11,041,404
Sewer
$ 0
0
4,587,982
0
115, 158
4 ,703 I 140
0
990,426
130,887
138, 195
38,329
435,832
166,740
749,429
555,466
2,584
3 ,207 ,888
1 ,495,252
205,965
0
0
0
(681,877)
4 029
(471 ,883)
1,023,369
i ,950
(566,200)
(564,250)
459, 119
(46, 149)
412,970
8,883 ,732
$ 9,296,702
Solid Totals
waste
Collection 1993 1992
$ 0 $ 28,464,801 $ 27,320,323
0 5,734,669 5, 190,561
0 4,587,982 4,251,124
2,570,879 2,570,879 1,907,028
47 401 897,823 794,321
2,618,280 42,256,154 39,463,357
0 19,334,322 18,637,583
728,980 4,279,075 4,057,429
77,508 395,937 338,787
91,040 881,877 606' 162
66,376 467,297 459,974
627,831 1,812,600 1,626,676
192,624 822,647 727,770
378,871 3,038,017 2,795,476
300,650 2,491,265 2,246,591
0 44 291 181 519
2,463,880 33,567,328 31,677,967
154 400 8,688,826 7,785,390
97,527 1,127,629 1,336,480
193 170, 771 86,561
0 0 1,530
(54,441) (54,441) 19,807
(86,635) (2,118,495) (2,310,279)
2 722 (218,157) (415,649)
(40,634) p ,092,693) p ,281,550)
113,766 7,596,133 6,503,840
0 1 ,950 0
(138,000) (4,268,454) !3,889,872)
(138,000) (4,266,504) !3,889,872)
(24,234) 3,329,629 2,613,968
0 (129,938) 0
(24,234) 3' 199' 691 2,613,968
1 ,422,938 40, 903, 501 38,289,533
$ 1,398,704 $ 44, 103, 192 $ 40,903,501
-123 -
CITY OF COLLEGE STATION, TEXAS
ENTERPRISE FUNDS
COMBINING STATEMENT OF CASH FLOWS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
Cash Flows from Operating Activities:
Cash Received from Customers
Cash Payments to Suppliers for Goods and Services
Cash Payments to Employees for Services
Cash Distribution from Joint Venture
Customer Deposits ReoeNed
Customer Deposits Returned
Cash Received for Reimbursed Expenses
Cash Received from Sale d Scrap
Cash Realived from Collection Fees
Cash Received from Mineral Leases
Cash Received from Miscellaneous Revenues
Cash Paid for Special Projects
Cash Paid for Miscellaneous Expenses
Net Cash PrOO:ted I)'/ Operating Activities
Cash Flows from Noncapital Financing Activities:
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
Cash Subsidies Paid to Public Agencies
Advance to Other Funds
Net Cash Used I)'/ Noncapifal Financing Activities
Cash Flows from Capital and Related Financing Activities:
Acquisition and Construction d Capttal AS9ills
Proceeds from Sale d Assets
Capital Contributed I)'/ DevelopelS
Principal Paid on Revenue Bonds
Principal Paid on General Obligation Bonds
Principal Paid on Certificates d Obligation
Principal Paid on Obligation Under Capttal Lease
Principal Paid on Advance from Other Funds
Interest Paid on Rewnue Bonds
Interest Paid on General Obligation Bonds
Interest Paid on Certificates d Obligation
Interest Paid on Obligation Under Capital Lease
Interest Paid on Advance from Other Funds
Fees Paid to Fi&:al Agent
Proceeds from Revenue Bonds
Proceeds from Advance from Other Funds
Cash Received from Special Assessments
Net Cash Provided (Used) I)'/ Capital and Related Financing Activities
Cash Flows from Investing Activities:
Purchased Investments
Proceeds from Sale and Maturities d Investments
Interest on Investments
Net Cash Provided (Used) I)'/ Investing Activities
Net Increase (Decrease) in Cash
Cash and Cash Equivalents, October 1
Cash and Cash Equivalents. September 30
Electric
$28,548,905
(22,131,635)
(1,600,906)
0
889,240
(952,873)
91,304
7,689
5,692
3,993
165,331
(47,044)
0
4,979,696
0
0
153,393
86,635
0
(2,871,704)
(195,000)
0
(2,826,676)
(3,294,552)
7,655
62,379
(508,750)
(134,750)
(13,100)
0
0
(394,270)
(38,019)
(11,004)
0
0
(4,141)
959,300
0
0
(3,369,252)
(3.490,970)
5,819,030
608,530
2,936,590
1,720,358
561,597
$2,281,955
(Continued)
-124 -
Water
$5,861,165
(2,994, 773)
(934,154)
0
0
0
1 6,895
2,065
0
0
46,437
0
0
1,997,635
0
0
0
0
0
(692,550)
0
0
(692,550)
(816,955)
1,090
0
(1,113,000)
(126,500)
(6,550)
(451,983)
0
(737,283)
(51,123)
(5,502)
(141,016)
0
(648)
0
0
0
(3,449,470)
(908,609)
3,026,259
82,439
2,200,089
55,704
314,727
$ 370,431
Sewer
$4,708,046
(1,670,545)
(989,011)
0
0
0
0
10
0
5,522
0
(2,374)
(9,458)
2,042,190
0
0
0
0
1,950
(566,200)
0
0
(564,250)
(1,389,730)
6,840
1,674
(753,250)
(109,545)
(6,550)
0
0
(589,375)
(36,308)
(5,502)
0
0
(688)
3,608,794
0
0
726,360
(1,537,102)
0
95,589
(1,441,513)
762,787
168,457
$ 931,244
Taals
SolidWa&e
Collection 1993 1992
$2,607,452 $41,725,568 $39,006,323
(1,464,797) (28,261,750) (23,809,n3)
(711,225) (4,235,296) (4,019,579)
0 0 301,029
0 889,240 906,028
0 (952,873) (927,050)
193 108,392 31,631
8,869 18,633 6,441
833 6,525 5,285
0 9,515 0
0 211,768 0
0 (49,418) (32,283)
(2,279) (11,737) (92,715)
439,046 9,458,567 11,375,337
78,220 78,220 72,318
62,852 62.852 68,658
0 153,393 0
0 86,635 0
0 1,950 0
(138,000) (4,268,454) (4,211,502)
(11,000) (206,000) (120,000)
0 0 (1,321,672)
(7,928) (4,091,404) (5,512, 198)
(28,024) (5,529,261) (4,800,477)
6,300 21,885 57,735
0 64,053 55,937
0 (2,375,000) (2,475,000)
0 (370,795) (376,235)
0 (26,200) (26,200)
0 (451,983) (413,652)
(153,393) (153,393) 0
0 (1,720,928) (1,972,978)
0 (125,450) (118,973)
0 (22,008) (25,152)
0 (141,016) (179,347)
(86,635) (86,635) 0
0 (5,477) (4,130)
0 4,568,094 0
0 0 1,321,672
0 0 2,092
(261,752) (6,354, 114) (8,954,708)
(141,958) (6,078,639) (13,272,008)
0 8,845,289 12,879,609
25,319 811,877 1,361,076
(116,639) 3,578,527 968,677
52,727 2,591,576 (2, 122,892)
7,159 1,051,940 3,174,832
$ 59,886 $3,643,516 $ 1,051,940
-125 -
(CITY OF COLLEGE STATION. TEXAS
ENTERPRISE FUNDS
COMBINING STATEMENT OF CASH FLOWS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
(Continued)
Electric Wat.er
Reconciliation cl Operating lnoome to Net Cash Provided by Operating Activities:
Operating Income $4,7'Z2.,237 $2,316,937
Adjustments to Reconcile Operating Income to Net Cash Provided by Operating
Activities:
i)ep.'eciation 862,828 m,321
Amortization 1,843 1,121
Provision for Uncolfec:tible Accounts (198,553) 16,678
Miscellaneous Expenses (3,834) (4,240)
Miscellaneous Revenues 29,344 67,099
Change in� and Liabilities:
Change in Accounts Recaivable (499,115) (25,549)
Change in Other Recaivables 193,126 0
Change in Inventor/ (297,629) 25,426
Change in Prepaid Costs (2,610) 0
Change in Equity in Joint Venture 0 0
Change in Accounts Payable 185,026 (1,184,655)
Change in kcrued Liabilities 43,798 4,444
Change In Deferred Revenues 6,486 1,417
Change in Refundable Deposits (63,633) 0
Change in Aa:rued Vacation 382 6,636
T ctal Adjustments 257,459 (319,302)
Net Cash Provided by Operating Activities $4,979,696 $1,997,635
Noncash Financing, Capital and Investing Activities:
The Electric, Water and Sewer Funds issued revenue bonds in the amount cl $217,350, $496,809, and $320,850, respectively, to refund debt issued in 1985.
Sewer
$1,495,252
555,466
3,731
3,247
(15,553)
5,5'Z2.
4,906
0
6,342
0
0
(18,141)
5,972
0
0
(4,554)
546,938
$2,042,190
Bond Issuance Costs cl $42,089, $20,042, and $138,291 in the ElectriC, Water, and Sewer Funds, respectively, that were deducted from bond proceeds were capitalized and will be
amortized over the debt repayment period. ·
-126 -
Totals
SolidW8S.e
Colledion 1993 1992
$154,400 $8,688,826 $7,785,390
300,650 2,491,265 2,246,591
0 6,695 4,178
(8,866) (187,494) 95,658
(2,279) (25,906) 0
9,895 111,860 35,897
(10,828) (530,586) (457,034)
0 193,126 (88,546)
(5,841) (271,702) 7,605
0 (2,610) 0
0 0 281,222
(7,602) (1,025,372) 1,449,894
5,371 59,585 29,427
0 7,903 (8,672)
0 (63,633) (21,022)
4,146 6,610 14,749
284,646 769,741 3,589,947
$439,046 $9,458,567 $11,375,337
- 127 -
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
current Assets:
Equity in Cash and cash Equivalents
Equity in Invest•ents
Receivables:
Accrued Interest
Accounts
Other
Less Allowance for Uncollectible Accounts
Interfund Receivable
Inventories
Prepaid Costs
Total Current Assets
Restriced Assets:
Equity in cash and cash Equivalents
Equity in Invest•ents
Receivables:
Accrued Interest Receivable
Accounts
Total Restricted Assets
Advance to Other Funds
Deferred Charges:
Bond Issuance Costs
Accu•ulated A•ortization
Total Deferred Charges
Property and Equip•ent:
Utility Plant
Machinery and Equip•ent
Accu•ulated Depreciation
construction in Progress
Total Property and Equip•ent
Total Assets
(Continued)
-128 -
$
1993
1,588,015
5,867,454
333,979
4,525,622
461 ,451
(512,654)
163,922
1,225,306
21610
1316551705
693,940
2,563,995
49,025
51,567
313581527
110041357
62,313
(4,344)
571969
22,225,595
116. 721
(8,234,263)
415551798
181663,851
$3617401409
$
1992
551,464
6, 108, 735
228,023
4,026,507
654,578
(711,206)
153,393
927,677
0
1119391171
10, 133
4,650,774
68,321
511567
417801795
111681279
20,224
(2,501)
111723
21,396,666
49,769
(7,401,146)
118981516
1519431805
$3318491773
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
(Continued)
Liabilities and Fund Equity
current Liabilities:
Accounts Payable
Retainage Payable
Accrued Liabilities
custo•er construction Advances
Other Deferred Revenues
Total Current Liabilities
current Liabilities Payable fro•
Restricted Assets:
Accounts Payable
Accrued Interest Payable
Retainage Payable
Refundable Deposits
Revenue Bonds
General Obligation Bonds
certificates of Obligation
Total Current Liabilities Payable fro•
Restricted Assets
Noncurrent Liabilities:
Revenue Bonds
Una•ortized Pre•iu• on Bonds
General Obligation Bonds
Certificates of Obligation
Accrued Vacation
Total Noncurrent Liabilities
Total Liabilities
Fund Equity:
Contributed Capital
Retained Earnings:
Reserved for Debt Service
Reserved for Capital Projects
Unappropriated
Total Fund Equity
Total Liabilities and Fund Equity
-129 -
1993
$ 2,309,807
4,793
248,460
29,857
2.626
2.595,543
236, 189
92,744
104' 114
1,834,449
500,372
134,750
13,100
2,915,718
5,060,328
1, 711
558,250
65,500
71 741
5,757,530
11,268,791
3, 105,236
638,489
5,472,539
16,255,354
25,471,618
$ 36,740,409
1992
$ 2,124,782
0
204,662
23,272
2,725
2,355,441
38,811
80,727
62,626
1,898,082
508,750
134,750
13t100
2,736,846
4,536,550
0
693,000
78,600
71,359
5,379,509
10,471,796
3' 105,236
662,593
5,461,879
14I148, 269
23,377,977
$ 33,849,773
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1993 and 1992
Operating Revenues:
Charges for Sales and Services:
Sales of Electricity
Other
Total Operating Revenues
Operating Expenses:
Purchased Power
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Reimbursed Administrative
Depreciation and Amortization
Other
Total Operating Expenses
Operating Income
Nonoperating Revenues (Expenses):
Interest Earnings
Reimbursed Expenses
Interest Expense
Other, Net
Total Nonoperating Revenues (Expenses)
Income Before Operating Transfers
(Continued)
-130 -
1993
$28,464,801
583,219
29,048,020
19,334,322
1,614,435
104,003
458,542
356,373
130' 197
341,490
1,098,562
862,828
251031
2413251783
417221237
781,825
153,683
(450,460)
(2011653)
2831395
510051632
1992
$27,320,323
539,660
27,859,983
18,637,583
1,501,016
76' 180
237,691
355,740
96,928
331_,180
1,002'156
725,945
1291614
2310941033
417651950
895, 188
82,383
(484,631)
{ 202 I 115)
2901825
510561775
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years September 30, 1993 and 1992
(Continued)
1993
Operating Transfers Out $(2,871 ,704)
Income Before Extraordinary Item 2, 133 ,928
Extraordinary Item -Loss on Refunding (40,287)
Net Income 2,093,641
Retained Earnings, October 1 20,272,741
Retained Earnings, September 30 $2213661382
-131 -
1992
$ (2, 670, 192)
2,386,583
0
2,386,583
17,886,158
$2012721741
CITY OF COLLEGE STATION. TEXAS
ELECTRIC FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL(BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Operating Revenues:
Electric Sales
Forfeits, Discounts, Penalties
Electric Property Rentals
Miscellaneous Service Revenue
Total Operating Revenues
Nonoperating Revenues:
Interest Earnings
Reimbursed Expenses
Miscellaneous Nonoperating Revenue
Total Nonoperating Revenues
Operating Transfers In
Energy Project Fund:
Interest Earnings
Revenue Bond I & S Fund:
Interest Earnings
Operating Transfers In
Total Revenue Bond I & S Fund
Electric Revenue Bond Funds:
Interest Earnings
Other
Proceeds from Long Term Debt
Total Electric Revenue Bond Funds
Total Electric Fund Revenues
See reconciliation to GAAP basis on page 150.
-132 -
Budget Actual
$30,098, 181 $28,392,842
310,000 298,483
20,000 20,229
75,000 264,507
30,503, 181 28,976,061
610,000 676,083
69,000 153,683
5,000 72,009
684,000 901,775
518,271 518,271
15,000 29,646
0 36,269
1, 155,082 338,038
1, 155,082 374,307
313,700 39,825
0 471
0 959,300
313,700 999,596
$33, 189, 234 $31,799,656
Variance
Favorable
(Unfavorable)
$(1, 705,339)
(11,517)
229
189,507
(1,527, 120)
66,083
84,683
67,009
217,775
0
14,646
36,269
(817,044)
(780,775)
(273,875)
471
959,300
685,896
$(1,389,578)
CITY OF COLLEGE STATION, TEXAS
ELECTRIC FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Budget Actual
Administration:
Salaries and Benefits $ 159,378 $ 155,632
Supplies 31,750 29,389
Maintenance 44,450 44,446
Purchased Professional Services 113,482 113,428
Purchased Property Services 51,720 50,205
Other Purchased Services 80,480 44,381
Capital Outlay 50,900 26,910
Total Administration 532,160 464,391
Technical Services:
Salaries and Benefits 837,535 833,902
Supplies 86,780 86,680
Maintenance 174,893 171,975
Purchased Professional Services 74,570 33,642
Purchased Property Services 19,821,886 19,400,292
Other Purchased Services 139,009 128,900
Capital Outlay 294,972 259,669
Total Technical Services 21,429,645 20,915,060
Electric Transmission/Distribution:
Salaries and Benefits 837,712 834,891
Supplies 47,970 41,885
Maintenance 283,210 282,706
Purchased Professional Services 313,550 277,566
Purchased Property Services 14,050 14,022
Other Purchased Services 168,432 168,213
Capital Outlay 861,477 858,920
Total Electrical Transmission/Distribution 2,526,401 2,478,203
Nondepartmental:
Depreciation 824,670 862,828
Principal Payments 147,850 147,850
Interest Expense 49,023 49,023
Payment in lieu of T a><es 2,871,704 2,871,704
Special Programs/Projects 45,000 47,044
Reimbursed Debt Service 958,209 338,038
Reimbursed Administrative 1,557,550 1,557,550
Public Agency Funding 195,000 195,000
Inventory Loss 0 (35,335)
Extraordinary Loss on Revenue Bond Refunding 0 40,287
Contingency 128,909 0
Total Nondepartmental 6,777,915 6,073,989
Revenue Bond I & S Fund:
Principal Payments 535,845 508,750
Interest Expense 411,521 394,270
Fiscal Agenfs Fees 0 4,141
Total Revenue Bond I & S Fund 947,366 907,161
Electric Revenue Bond Fund:
Reimbursed Administrative 59,283 59,283
Capital Outlay 4,591,998 2,056,772
Contingency 100,000 0
Total Electric Revenue Bond Fund 4,751,281 2,116,055
Total Electric Fund Expenses $36,964,768 $32,954;859
See reconciliation to GMP basis on page 150.
-133 -
Variance
Favorable
(Unfavorable)
$ 3,746
2,361
4
54
1,515
36,099
23,990
67,769
3,633
100
2,918
40,928
421,594
10,109
35,303
514,585
2,821
6,085
504
35,984
28
219
2,557
48,198
(38,158)
0
0
0
(2,044)
620,171
0
0
35,335
(40,287)
128,909
703,926
27,095
17,251
(4, 141)
40,205
0
2,535,226
100,000
2,635,226
$4,009,909
CITY OF COLLEGE STATION, TEXAS
WATER FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Current Assets:
Receivables:
Accounts
Less Allowance for uncollectible Accounts
Inventories
Total Current Assets
Restriced Assets:
Equity in Cash and Cash Equivalents
Equity in Investaents
Receivables:
Accrued Interest Receivable
Special Assessaents
Total Restricted Assets
Deferred Charges:
Water Well
Bond Issuance Costs
Accuaulated A•ortization
Total Deferred Charges
Property and Equipaent:
Utility Plant
Buildings
Machinery and Equipaent
Accuaulated Depreciation
construction in Progress
Land
Total Property and Equipaent
Total Assets
(Continued)
-134 -
1993
$ 512,538
(23,044)
251,840
741 ,334
370,431
1,368,683
41 ,604
11865
1,782,583
1,167,075
33,542
(1 j 018 I 943)
1811674
28,562,568
898,760
573,463
(8,118,981)
405,849
5291609
2218511268
$2515561859
1992
$ 486,989
(6,368)
277,266
757,887
314,727
3,486,333
81,731
0
3,8821791
1,167,075
13,499
{9621963)
2171611
27,812,282
811,654
572,032
(7,365,430)
439,395
5291609
221799,542
$2716571831
CITY OF COLLEGE STATION, TEXAS
WATER FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
(Continued)
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable
Obligations Under Capital Lease
Accrued Liabilities
Custo•er Construction Advances
Total Current Liabilities
Current Liabilities Payable fro•
Restricted Assets:
Accounts Payable
Accrued Interest Payable
Retainage Payable
Revenue Bonds
General Obligation Bonds
Certificates of Obligation
Miscellaneous Accrued Liabilities
Total Current Liabilities Payable fro•
Restricted Assets
Noncurrent Liabilities:
Revenue Bonds
Una•ortized Pre•iu•s
General Obligation Bonds
certificates of Obligation
Obligation Under Capital Lease
Accrued Vacation
Total Noncurrent Liabilities
Total Liabilities
Fund Equity:
Contributed Capital
Retained Earnings
Reserved for Debt Service
Reserved for Capital Projects
Unappropriated
Total Fund Equity
Total Liabilities and Fund Equity
- 135 -
$
1993
737,059
494,221
29,175
2, 150
1,262,605
1,422
126,410
19,704
1,089,944
126,500
6,550
22
1,370,552
7,005,656
815
383,500
32,750
1,332,257
35,527
8,790,505
11,423,662
3,091,793
1,531,855
3,495,385
6, 014I164
14I133I197
$ 25,556,859
1992
$ 1,921,712
451,982
24,731
733
2,399,158
9,079
139,502
3,089
1,113,000
126,500
6,550
0
1,397,720
8,040,400
0
510,000
39,300
1,826,479
28,891
10,445,070
14,241,948
3,091,793
1,643,330
3,486,554
5, 194,206
13,415,883
$ 27,657,831
CITY OF COLLEGE STATION. TEXAS
WATER FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1993 and 1992
Operating Revenues:
Charges for Sales and Services:
Sales of Water
Other
Total Operating Revenues
Operating Expenses:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Reimbursed Administrative
Depreciation and Amortization
Other
Total Operating Expenses
Operating Income
Nonoperating Revenues (Expenses):
Interest Earnings
Reimbursed Expenses
Contributions
Interest Expense
Other, Net
Total Nonoperating Revenues (Expenses)
Income Before Operating Transfers
(Continued)
-136 -
1993
$ 5,734,669
152,045
5,886,714
945,234
83,539
194' 100
6,219
618,740
121,793
811,155
772,321
16,676
315691777
213161937
42,312
16,895
0
(899,523)
(231255)
(863,571)
1,4531366
1992
$ 5' 190 ,561
128,591
5,319,152
871,502
94,391
120,666
8,094
615' 134
123,330
784,866
749,954
321031
313991968
119191184
115,396
4, 178
1,530
(i,070,022)
(411304)
(9901222)
9281962
CITY OF COLLEGE STATION, TEXAS
WATER FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years September 30, 1993 and 1992
(Continued)
1993
Operating Transfers Out $ (692,550)
Income Before Extraordinary Item 760,816
Extraordinary Item -Loss on Refunding (43,502)
Net Income 717,314
Retained Earnings, October 1 10,324,090
Retained Earnings, September 30 $ 11 I 0411404
-137 -
1992
$ (616,980)
311,982
0
311,982
10,012, 108
$1013241090
Operating Revenues:
Water Sales
Forfeits, Discounts, Penalties
Water Taps
Total Operating Revenues
Nonoperating Revenues:
Interest
Reimbursed Expenses
CITY OF COLLEGE STATION, TEXAS
WATER FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Budget Actual
$5,566,777 $5,710,580
40,000 55,495
50,000 96,550
5,656,777 5,862,625
0 (42, 183)
1,500 16,895
Miscellaneous Nonoperating Revenue 6,000 3,162
Total Nonoperating Revenues 7,500 (22,126)
Operating Transfers In 100,223 100,223
Revenue Bond I & S Fund:
Interest Earnings 0 5,559
Operating Transfers In 1,938,238 620,897
Total Revenue Bond I & S Fund 1,938,238 626,456
Water Revenue Bond Fund:
Interest on Investments 156,400 78,936
Total Water Revenue Bond Fund 156,400 78,936
Total Water Fund Revenues $7,859,138 $6,646,114
See reconciliation to GAAP basis on page 150.
-138 -
Variance
Favorable
(Unfavorable)
$ 143,803
15,495
46,550
205,848
(42, 183)
15,395
(2,838)
(29,626)
0
5,559
(1,317,341)
(1,311, 782)
(77,464)
(77,464)
$(1,213,024)
CITY OF COLLEGE STATION. TEXAS
WATER FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Budget Actual
Water Production/Distribution/Engineering:
Salaries and Benefits $ 983,443 $ 945,248
Supplies 143,745 121,015
Maintenance 243,230 194, 100
Purchased Professional Services 8,440 6,219
Purchased Property Services 1,205,240 1,182,450
Other Purchased Services 138,460 121,793
Capital Outlay 22,265 17,717
Total Water Production/Distribution/Engineering 2,744,823 2,588,542
Nondepartmental:
Depreciation 772,000 772,321
Principal Payments 133,050 133,050
Interest Expense 33,243 36,625
Payment in Lieu of Taxes 690,600 690,600
Special Programs/Projects 3,310 2,374
Reimbursed Debt Service 1, 771,945 620,897
Reimbursed Administrative 855,917 855,917
Extraordinary Loss Revenue Bond Refunding 0 43,503
Contingency 59,458 0
Other Non-operating Expenses 0 1,866
Total Nondepartmental 4,319,523 3, 157, 153
Revenue Bond I & S Fund:
Principal Payments 1,050,950 1, 113,000
Interest Expenses 698,858 737,283
Fiscal Agent's Fees 0 648
Total Revenue Bond I & S Fund 1,749,808 . 1,850,931
Water Revenue Bond Fund:
Reimbursed Administrative 61,808 61,808
Operating Transfers Out 0 1,950
Capital Outlay 2,224,539 764,107
Contingency 80,000 0
Total Water Revenue Bond Fund 2,366,347 827,865
Total Water Fund Expenses $11, 180,501 $8,424,491
See reconciliation to GAAP basis on page 150.
-139 -
Variance
Favorable
(Unfavorable)
$ 38, 195
22,730
49, 130
2,221
22,790
16,667
4,548
156,281
(321)
0
(3,382)
0
936
1,151,048
0
(43,503)
59,458
(1,866)
1, 162,370
(62,050)
(38,425)
(648)
(101,123)
0
(1,950)
1,460,432
80,000
1,538,482
$2,756,010
CITY OF COLLEGE STATION, TEXAS
SEWER FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Current Assets:
Equity in Cash and Cash Equivalents
Equity in Invest•ents
Receivables:
Accrued Interest
Accounts
Special Assess•ents
Less Allowance for Uncollectible Accounts
Inventories
Prepaid Costs
Total Current Assets
Restriced Assets:
Equity in Cash and Cash Equivalents
Equity in Invest•ents
Receivables:
Accrued Interest Receivable
Total Restricted Assets
Deferred Charges:
Bond Issuance Costs
Accu•ulated A•ortization
Total Deferred Charges
Property and Equip•ent:
Utility Plant
Buildings
Machinery and Equip•ent
Accu•ulated Depreciation
Construction in Progress
Land
Total Property and Equip•ent
Total Assets
(Continued)
-140-
1993
$ 280,177
1,035,207
65,019
234,009
4,794
(8,554)
7,228
600
116181480
651,067
2,405,586
98,887
3,155,540
169,455
(7,568)
1611887
20,603,879
811,654
1 ,239,547
(5,460,250)
2,342,854
4261323
19,964,007
$2418991914
1992
$ 47,475
563,530
14,389
238,915
4,794
(5,309)
13,570
600
8771964
120,982
1,340,161
39a141
1,500,284
31 ,034
!31838)
27 1196
19,920,864
811,654
998,787
(4,935,662)
2' 112' 794
4141641
19,323,078
$2117281522
CITY OF COLLEGE STATION, TEXAS
SEWER FUND
COMPARATIVE BALANCE SH EETS
September 30, 1993 and 1992
(Continued)
Liabilities and Fund Equity
current Liabilities:
Accounts Payable
Accrued Liabilities
Custo1er Construction Advances
Total Current Liabilities
current Liabilities Payable fro1
Restricted Assets:
Accounts Payable
Accrued Interest Payable
Retainage Payable
Revenue Bonds
General Obligation Bonds
Certificates of Obligation
Total Current Liabilities Payable fro•
Restricted Assets
Noncurrent Liabilities:
Revenue Bonds
Una1ortized Pre1iu1s
General Obligation Bonds
Certificates of Obligation
Accrued Vacation
Total Noncurrent Liabilities
Total Liabilities
Fund Equity:
Contributed Capital
Retained Earnings:
Reserved for Debt Service
Reserved for Capital Projects
Unappropriated
Total Fund Equity
Total Liabilities and Fund Equity
-141 -
$
1993
57,515
30,876
400
88,791
37,913
178,383
66,028
744,684
117' 705
6,550
1,151,263
9,769,016
5,623
454,910
32,750
29,761
10,292,060
11 I 532 I 114
4,071,098
1,197,729
2,799,175
5,299,798
13,367,800
$ 24,899,914
$
1992
75,654
24,904
0
100,558
234,634
111,757
62,612
753,250
109,545
6,550
1,278,348
6,778,050
0
572,615
39,300
34,315
7,424,280
8,803I186
1,080,577
2,845, 158
4,957,997
12,925,336
$ 21,728,522
CITY OF COLLEGE STATION. TEXAS
SEWER FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1993 and 1992
Operating Revenues:
Charges for Sales and Services:
Sewer Fees
Other
Total Operating Revenues
Operating Expenses:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Reimbursed Administrative
Depreciation and Amortization
Other
Total Operating Expenses
Operating Income
Nonoperating Revenues (Expenses):
Interest Earnings
Interest Expense
Other, Net
Total Nonoperating Revenues (Expenses)
Income Before Operating Transfers
(Continued)
-142-
1993
$ 4,587,982
115, 158
4I703!140
990,426
130,887
138' 195
38,329
435,832
166,740
749,429
555,466
2,584
3,2071888
114951252
205,965
(681,877)
41029
{4711883)
110231369
1992
$ 4,251, 124
94,227
4,345,351
943,987
106,048
177 ,306
42,437
398,076
112,243
661,078
526' 130
31724
219711029
113741322
257,238
(704,237)
{731274)
{5201273)
8541049
CITY OF COLLEGE STATION, TEXAS
SEWER FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years September 30, 1993 and 1992
(Continued)
Operating Transfers In (Out):
Operating Transfer In
Operating Transfers Out
Total Operating Transfers In (Out)
Income Before Extraordinary Item
Extraordinary Item -Loss on Refunding
Net Income
Retained Earnings, October 1
Retained Earnings, September 30
-143.
1993
$ 1,950
(5661200)
(564,250)
459,119
( 461149)
412,970
81883,732
$ 9:2961702
1992
$ 0
(4531600)
( 453-1600)
400,449
0
400,449
8,4831283
$ 8:883:732
CITY OF COLLEGE STATION, TEXAS
SEWER FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL (BUDGETARY BASlS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Budget Actual
Operating Revenues:
Sewer Service $4,776,579 $4,588,772
Forfeits, Discounts, Penalties 38,000 47,533
Sewer Taps 30,000 67,625
Total Operating Revenues 4,844,579 4,703,930
Nonoperating Revenues:
Interest Earnings 60,000 114,221
Miscellaneous Nonoperating Revenue 4,400 12,462
Total Nonoperating Revenues 64,400 126,683
Revenue Bond I & S Fund:
Interest Earnings 0 7,649
Operating Transfers In 1,938,238 699,566
Total Revenue Bond I & S Fund 1,938,238 707,215
Sewer Revenue Bond Funds:
Interest Earnings 307,800 84,094
Special Assessments 0 1,674
Operating Transfers In 0 1,950
Proceeds from Long Term Debt Issuance 4, 150,000 3,608,794
Total Sewer Revenue Bond Funds 4,457,800 3,696,512
Total Sewer Fund Revenues $11,305,017 $9,234,340
See reconciliation to GAAP basis on page 150.
-144-
Variance
Favorable
(Unfavorable)
$ {187,807)
9,533
37,625
(140,649)
54,221
8,062
62,283
7,649
(1,238,672)
(1,231,023)
(223,706)
1,674
1,950
(541,206)
(761,288)
$(2, 070, 677)
Sewer Treatment/Collection:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total Sewer Treatment/Collection
Nondepartmental:
Depreciation Expense
Principal Payments
Interest Expense
Payment in Lieu of Taxes
Special Prorams/Projects
Reimbursed Debt Service
Reimbursed Administrative
Contingency
Inventory Loss
CITY OF COLLEGE STATION. TEXAS
SEWER FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Budget Actual
$1,017,187 $1,003,239
134,693 130,967
178,616 139,402
69,880 38,328
435,870 435,832
166,765 166,740
64,193 48,277
2,067,204 1,962,785
619,500 555,466
113, 149 116,095
38,584 41,810
566,200 566,200
3,310 2,374
1,559,916 699,566
640,950 640,949
60,000 0
0 (661)
Extraordinary Loss on Revenue Bond Refunding 0 46,148
Total Nondepartmental 3,601,609 2,667,947
Revenue Bond I & S Fund:
Principal Payments 788,205 753,250
Interest Expense 610,552 589,375
Fiscal Agent's Fees 0 688
Total Revenue Bond I & S Fund 1,398,757 1,343,313
Sewer Revenue Bond Fund:
Reimbursed Administrative 120,253 120,253
Bond Issuance Costs 0 130
Capital Outlay 5,811,413 1,094,440
Contingency 50,000 0
Total Sewer Revenue Bond Fund 5,981,666 1,214,823
Total Sewer Fund Expenses $13,049,236 $7,188,868
See reconciliation to GAAP basis on page 150.
-145-
Variance
Favorable
(Unfavorable)
$ 13,948
3,726
39,214
31,552
38
25
15,916
104,419
64,034
(2,946)
(3,226)
0
936
860,350
1
60,000
661
(46, 148)
933,662
34,955
21, 177
(688)
55,444
0
(130)
4,716,973
50,000
4,766,843
$5,860,368
CITY OF COLLEGE STATION, TEXAS
SOLID WASTE COLLECTION FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
current Assets:
Equity in cash and cash Equivalents
Equity in Invest•ents
Receivables:
Accrued Interest
Accounts
Less Allowance for Uncollectible Accounts
Inventories
Total Current Assets
Note Receivable fro• Joint Venture
Equity in Joint Venture
Property and Equip•ent:
Machinery and Equip•ent
Accu•ulated Depreciation
Total Property and Equip•ent, Net
Total Assets
Liabilities and Fund Equity
current Liabilities:
Accounts Payable
Interfund Payable
Accrued Liabilities
Total Current Liabilities
Noncurrent Liabilities:
Advances fro• Other Funds
Accrued Vacation
Total Noncurrent Liabilities
Total Liabilities
Fund Equity:
Contributed Capital
Retained Earnings:
Unappropriated
Total Fund Equity
Total Liabilities and Fund Equity
-146 -
$
$
1993
59,886
221,268
37' 189
169,454
(5,573)
51841
488,065
7581599
2951597
2,373,681
(112331242)
111401439
$ 216821700
16,428
163,922
201515
2001865
1,004,357
231873
1,0281230
1,2291095
54,901
113981704
114531605
$ 21682,700
$
$
1992
7J159
79,310
27,833
158,626
(14,439)
0
2581489
8361819
3501038
2,345,657
(9321592)
1,4131065
$ 2,858,411
24,029
153,393
15 144
192,566
1,168,279
19 727
1,1881006
113801572
54,901
114221938
114771839.
$ 218581411
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, 1993 and 1992
Operating Revenues:
Charges for Sales and Services:
Garbage Collection Fees
Other
Total Operating Revenues
Operating Expenses:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Reimbursed Administrative
Depreciation
Other
Total Operating Expenses
Operating Income
Nonoperating Revenues (Expenses):
Interest Earnings
Reimbursed Expenses
Earnings (Loss) in Joint Venture
Interest Expense
Other, Net
Total Nonoperating Revenues (Expenses)
Income Before Operating Transfers
Operating Transfers Out
Net Loss
Retained Earnings, October 1
Retained Earnings, September 30
-147-
1993
$ 2,570,879
47,401
2,618,280
728,980
77,508
91,040
66,376
627,831
192,624
378,871
300,650
0
2,463,880
154,400
97,527
193
(54,441)
(86,635)
21722
(401634)
1131 766
(138,000)
(24,234)
114221938
$ 113981704
1992
$ 1,907,028
31 ,843
1 ,938,871
740,924
62' 168
70,499
53,703
516,538
161,017
347,376
244,562
161150
2,212,937
(2741066)
68,658
0
19,807
(51,389)
(981956)
(611880)
(3351946)
( 1491100)
(485,046)
11907 1984
$ 114221938
Operating Revenues:
Residential Collection
Commercial Collection
Other Charges for Services
Dumpster Sales
Forfeits, Discounts, and Penalties
Recycling
Other
Total Operating Revenues
Nonoperating Revenues:
Interest Earnings
Other Reimbursed Expenses
Miscellaneous
Total Nonoperating Revenues
Total Solid Waste Collection Fund
Revenues
CITY OF COLLEGE STATION. TEXAS
SOLID WASTE COLLECTION FUND
SCHEDULE OF REVENUES
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Budget Actual
$1,687,000 $1,646,728
830,000 920,238
0 112
20,000 0
16,000 27,398
4,600 19,890
4,000 0
2,561,600 2,614,366
39,000 97,526
0 194
0 4,856
39,000 102,576
$2,600,600 $2,716,942
See reconciliation to GAAP basis on page 150.
- 148 -
Variance
Favorable
(Unfavorable}
$(40,272)
90,238
112
(20,000)
11,398
15,290
(4,000)
52,766
58,526
194
4,856
63,576
$116,342
Commercial Collection:
Salaries and Benefits
Supplies
Maintenance
Other Purchased Services
Capital Outlay
Total Commercial Collection
Residential Collection:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Capital Outlay
Total Residential Collection
Nondepartmental:
Depreciation Expense
Principal Payments
Interest Expense
Reimbursed Administrative
Public Agency Funding
Payment in Lieu of Taxes
Contingency
Total Nondepartmental
Total Solid Waste Collection Fund
Expenses
CITY OF COLLEGE STATION. TEXAS
SOLID WASTE COLLECTION FUND
SCHEDULE OF EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Budget Actual
$ 242,809 $ 241,272
39,660 23,770
41,500 41,361
396,220 396,137
68,420 60,773
788,609 763,313
493,026 487,707
57,455 53,738
52,495 49,679
66,390 66,376
239,750 231,694
131,870 131,851
28,040 28,024
1,069,026 1,049,069
246,550 300,650
131,075 153,393
102,442 86,635
378,871 378,871
11,000 11,000
138,000 138,000
19,000 0
1,026,938 1,068,549
$ 2,884,573 $ 2,880,931
See reconciliation to GAAP basis on page 150.
-149 -
Variance
Favorable
(Unfavorable)
$ 1,537
15,890
139
83
7,647
25,296
5,319
3,717
2,816
14
8,056
19
16
19,957
(54, 100)
(22,318)
15,807
0
0
0
19,000
(41,611)
$ 3,642
CITY OF COLLEGE STATION. TEXAS
ELECTRIC, WATER, SEWER AND SOLID WASTE COLLECTION FUNDS
SCHEDULE FOR RECONCILIATION OF REVENUES AND EXPENSES (BUDGETARY BASIS)
TO GAAP BASIS STATEMENT OF INCOME
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Total Revenues Per Budget -Actual
Less Total Expenses Per Budget -Actual
Net Gain (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
Proceeds from Long Term Debt Issuance
Add (Subtract) -Unbudgeted
Revenue/(Expense) Adjustments:
Current Year Revenue Accrual
Prior Year Interest Expense Accrual
Investment in Joint Venture
Amortization Of Bond Issuance Costs
Prior Year Revenue Accrual
Current Year Interest Expense Accrual
Bad Debt Expense
Inventory Adjustment
Water Well Expense Accrual
Other
Net Income (Loss), GAAP Basis
Electric
$31,799,656
32,954,859
(1, 155,203)
656,600
3,237,082
0
337,982
(959,300)
1,042,087
80,727
0
(1,843)
(970, 127)
(87,894)
(60,367)
(26, 125)
0
22
$ 2,093,641
-150 -
Water
$6,646, 114
8,424,491
(1,778,377)
$
1,246,050
819,301
451,983
6,612
0
237,958
139,502
0
(1, 121)
(213,869)
(124, 100)
(16,676)
(20,419)
(29,289)
(241)
717,314
Sewer
$9,234,340
7, 188,868
2,045,472
869,345
1, 142,717
0
25,888
(3,608,794)
171, 190
111,757
0
(3,731)
(171,980)
(162,448)
(3,245)
(1,683)
0
(1,518)
$ 412,970
Solid Waste
$2,716,942
2,880,931
(163,989)
153,393
28,024
0
0
0
86,457
0
(54,441)
0
(82,545)
0
8,867
0
0
0
$ (24,234)
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 relating to
administration of the City's health benefits plan.
Fleet Replacement -to account for the purchase of City vehicles 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.
Utility Billing -to account for the billing and collection activities relating to the
City 's electric, water, and sewer utilities and residential and commercial garbage
collection.
Workers' Compensation -to account for self-insurance activity relating to
administration of the City 's workers' compensation plan.
-151 •
CITY OF COLLEGE STATION, TEXAS
INTERNAL SERVICE FUNDS
COMBINING BALANCE SHEET
September 30, 1993
(With comparative totals for the fiscal year ended September 30, 1992)
Assets
Current Assets:
Equity in Cash and Cash Equivalents
Equity in Invest•ents
Receivables:
Accrued Interest
Accounts
Less Allowance for Uncollectible Accounts
Inventories
Prepaid Costs
Total Current Assets
Property and Equip•ent:
Machinery and Equip•ent
General Electric Plant
Less Accu•ulated Depreciation
Construction in Progress
Total Property and Equip•ent, Net
Total Assets
Liabilities and Fund Equity
current Liabilities:
Accounts Payable
Retainage Payable
Clai•s Payable
Accrued Liabilities
Total Current Liabilities
Noncurrent Liabilities:
Accrued Vacation
Total Noncurrent Liabilities
Total Liabilities
Fund Equity:
Contributed Capital
Unreserved Retained Earnings (Deficit)
Total Fund Equity
Total Liabilities and Fund Equity
-152 -
E•ployee
Benefits
$ 12,962
47,893
3, 136
159,833
0
0
3,800
227,624
0
0
0
0
0
$ 227,624
$ 7 ,327
0
272,981
3 764
284,072
0
0
284 ,072
0
(56,448)
(56,448)
$ 227,624
Fleet
ReplaceR1ent
$ 232,449
858,863
39,095
0
0
0
0
1, 130,407
1,340,586
0
(216,586)
0
1,124,000
$2,254,407
$ 162,485
0
0
0
162,485
0
0
162,485
0
2,091,922
2,091,922
$2,254,407
Landfill
$ 97,521
360,323
11 , 917
0
0
0
0
469, 761
36,530
0
(13,889)
0
22,641
$ 492,402
$ 368,644
17,045
0
10,865
396,554
11 914
11 914
408,468
0
83,934
83,934
$ 492,402
Property Totals
and Utility Workers'
Casualty Une•ploy•ent Billing Co•pensation 1993 1992
$ 11,575 $ 29,864 $ 79,984 $ 128,760 $ 593,115 $ 142,568
42,767 110,343 295,530 475,745 2,191,464 1'579' 291
1,463 5,018 13,380 21,429 95,438 39,587
2,841 0 0 0 162,674 22,802
(2,425) 0 0 0 (2,425) (175)
0 0 0 0 0 532
0 0 365 0 41165 31800
56,221 145,225 389,259 625,934 3,044,431 1,788,405
0 0 0 0 1,377,116 750,372
0 0 545,266 0 545,266 541, 161
0 0 (452,868) 0 (683,343) (414,626)
0 0 251028 0 251028 0
0 0 117 1426 0 112641067 8761907
$ 561221 $ 145,225 $ 5061685 $ 6251934 $413081498 $21665,312
$ 4,758 $ 0 $ 3,487 $ 15,685 $ 562,386 $ 125,249
0 0 0 0 17' 045 0
46,885 0 0 154 ,044 473,910 478,098
0 0 61155 0 201784 161967
511643 0 9,642 1691729 110741125 620,314
0 0 351810 0 47.724 451607
0 0 351810 0 471724 451607
51,643 0 451452 169,729 1,121,849 6651921
0 0 381,137 0 381'137 381, 137
41578 1451225 801096 4561205 218051512 116181254
41578 1451225 4611233 4561205 311861649 1 19991391
$ 561221 $ 1451225 $ 5061685 $ 6251934 $413081498 $216651312
. 153.
CITY OF COLLEGE STATION, TEXAS
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF REVENUESA EXPENSES AND
CHANGES IN RETAINED EARNING\:> (DEFICIT)
For the Fiscal Year Ended September 30, 1993 (With comparative totals for the fiscal year ended September 30, 1992)
Operating Revenues:
Charges for Services
Pre•iu•s
Total Operating Revenues
Operating Expenses:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased·Services
Claims
Ad•inistration Fees
Pre•iu•s
Rei•bursed Ad•inistrative
Depreciation
Other
Total Operating Expenses
Operating Income (Loss)
Nonoperating Revenues (Expenses):
Interest Earnings
Rei•bursed Expenses
Interest Expense
Other, Net
Total Nonoperating Revenues (Expenses)
Net Inco•e Before Operating Transfers
Operating Transfers In (Out):
Operating Transfers In
Operating Transfers Out
Total Operating Transfers In (Out)
Net Income
Retained Earnings (Deficit), October 1
Retained Earnings (Deficit), Septe•ber 30
-154 -
E•ployee
Benefits
$ 0
1,594,473
1 ,594 ,473
0
0
0
0
0
0
1,148,010
92,529
304,716
35,639
0
15,412
1,596,306
(1,833)
34' 100
0
0
(276)
33,824
31 I 991
0
0
0
31,991
(88,439)
$ (56,448)
Fleet
Replace•ent
$ 877,440
0
877,440
0
0
0
0
0
0
0
0
0
0
158,997
0
158,997
718,443
87,734
0
0
0
87,734
806,177
0
0
0
806, 177
1,285,745
$2,091,922
Landfill
$1,476,940
0
1,476,940
382,768
105,658
137,023
585,256
20,075
15,763
0
0
0
204,770
6,889
534
1,458,736
18,204
28,296
0
0
0
28,296
46,500
0
0
0
46,500
37,434
$ 83,934
Property Totals
and Utility Workers'
Casualty Une•ploy11ent Billing Co•pensation 1993 1992
$ 0 $ 0 $ 1,423,733 $ 0 $ 3,778,113 $ 3,311,465
388,740 52,425 0 447,996 2,483,634 2,368,844
388,740 52,425 1,423,733 447,996 6,261,747 5,680,309
0 0 815,608 0 1,198,376 1, 138,452
0 0 37,659 0 143 ,317 107,826
0 0 10,551 0 147,574 82,251
0 0 44 0 585,300 12,858
0 0 21,699 0 41'774 33,938
0 0 93,635 0 109,398 104' 105
58,744 24,583 0 298,982 1,530,319 1,307,812
0 0 0 15,864 108,393 118,723
257,491 0 0 30,742 592,949 587,880
47,031 7,856 200,721 53,052 549,069 401,088
0 0 107 ,689 0 273,575 167,844
7 903 0 0 0 23,849 475
371I169 32,439 1,287,606 398,640 5,303,893 4,063,252
17 571 19,986 136,127 49,356 957,854 1,617,057
1,463 9,313 31,087 38,871 230,864 108,038
0 0 0 0 0 5,635
0 0 0 0 0 (7,608)
0 0 (1J184) 0 (1,460) (13,942)
463 9,313 29,903 38 I 871 229,404 92J123
19,034 29,299 166,030 88,227 1, 187 J 258 1I709, 180
55,480 0 0 0 55,480 0
0 0 0 (55,480) (55,480) 0
55,480 0 0 (55,480) O· 0
74,514 29,299 166,030 32,747 1,187,258 1, 709, 180
(69,936) 115,926 (85,934) 423,458 1,618,254 (90,926)
$ 41578 $ 1451225 $ 801096 $ 4561205 $ 218051512 $ 116181254
-155 -
CITY OF COLLEGE STATION. TEXAS
INTERNAL SERVICE FUNDS
COMBINING STATEMENT OF CASH FLOWS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
(With Co mparative Totals for the Fiscal Year Ended September 30, 1992)
Employee Fleet
Benefits Replacement
Cash Flows from Operating Activities:
Cash Received from Customers $1,457,267 $ 877,440
Cash Provided by (Payments to)Suppliers for Goods and
Services (1,616,453) 162,260
Cash Payments to Employees for Services 0 0
Other 0 0
Net Cash Provided (Used) by Operating Activities (159, 186) 1,039,700
Cash Flows from Noncapital Financing Activities:
Operating Transfers in From Other Funds 0 0
Operating Transfers Out to Other Funds 0 0
Other 0 0
Net Cash Provided (Used) by Noncapital Financing
Activities 0 0
Cash Flows from Capital and Related Financing Activities:
Acquisition of Capital Assets 0 (624,592)
Proceeds from Sale of Assets 0 0
Net Cash Used by Capital and Related Financing Activities 0 (624,592)'
Cash Flows from Investing Activities:
Purchase of Investments (200,850) (355,792)
Proceeds from Sale anq Maturities of Investment Securities 321,833 60,092
Interest on Investments 36, 196 62,202
Other (276) 0
Net Cash Provided (Used) by Investing Activities 156,903 (233,498)
Net Increase (Decrease) in Cash and Cash Equivalents (2,283) 181,610
Cash and Cash Equivalents, October 1 15,245 50,839
Cash and Cash Equivalents, September 30 $ 12,962 $ 232,449
Reconciliation of Operating Income (Loss) to Net Cash Provided
(Used) by Operating Activities:
Operating Income (Loss) $ (1,833) $ 718,443
Adjustments to Reconcile Operating Income (loss) to Net
Cash Provided (Used) by Operating Activities
Depreciation 0 158,997
Provision for Uncollectible Accounts 0 0
Change in Assets and Liabilities:
Change in Accounts Receivable (137,206) 0
Change in Inventory 0 0
Change in Prepaid Costs 0 O·
Change in Accounts Payable 5,757 162,260
Change in Retainage Payable 0 0
Change in Accrued Liabilities (25,904) 0
Change in Accrued Vacation 0 0
Total Adjustments (157,353) 321,257
Net Cash Provided (Used) by Operating Activities $ (159,186) $1,039,700
• 156-
Landfill
$1,476,940
(689,324)
(377,967)
0
409,649
0
0
0
0
(2, 151)
0
(2, 151)
(329, 168)
0
16,379
0
(312,789)
94,709
2,812
$ 97,521
$ 18,204
6,889
0
0
532
0
362, 178
17,045
2,704
2,097
391,445
$ 409,649
Property
and Utility Workers' Totals
Casualty Unemployment Billing Compensation 1993 1992
$ 386,074 $ 52,425 $1,423,733 $ 447,996 $6,121,875 $5,657,916
(387,2 1 2) (32,439) (366,792) (449,964) (3,379,924) (2,693, 747)
0 0 (814,082) 0 (1, 192,049) (1, 132,538)
0 0 0 0 0 (180)
(1,138) 19,986 242,85 9 (1,96 8) 1,549,902 1,831,451
55,48 0 0 0 0 55,480 0
0 0 0 (55,480) (5 5,48 0) 0
0 0 0 0 0 (15,916)
55,48 0 0 0 (55,480) 0 (15,916)
0 0 (35,303) 0 (662,046) (749,946)
0 0 127 0 127 0
0 0 (35, 1 76) 0 (661,919) (749,946)
(42,767) (45,909) (161,056) (197,025) (1,332,567) (2, 751,628)
0 39,431 0 299,038 720,394 1 ,652,787
0 6,980 21,21 8 32,038 1 75,013 79,498
0 0 0 0 (276) 0
(42,767) 502 (139,838) 134,051 (437,436) (1,019,343)
1 1,575 20,488 67,845 76,603 450,547 46,246
0 9,376 12, 139 52,157 142,568 96,322
$ 11,575 $ 29,864 $ 79,984 $ 128,760 $ 593,115 $ 1 42,568
$ 17,571 $ 1 9,986 $ 136 ,127 $ 49,356 $ 957,854 $1,617,057
0 0 107,689 0 273,575 167,844
2,250 0 0 0 2,250 175
(2,666) 0 0 0 (139,872) (22,573)
0 0 0 0 53 2 (532)
0 0 (365) 0 (365) 20
(42,07 8) 0 (1 ,789) (49,191) 43 7 ,137 (74,624)
0 0 0 0 17,045 139, 177
23,785 0 1,177 (2, 133) (371) 4,907
0 0 20 0 2,117 0
(18,709) 0 106,732 (51,324) 592,048 214,394
$ (1, 138) $ 19,986 $ 242,859 $ (1 ,968 ) $1,549,902 $1,831,451
-157 -
CITY OF COLLEGE STATION, TEXAS
EMPLOYEE BENEFITS FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Current Assets:
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Accounts
Prepaid Costs
Total Current Assets
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable
Claims Payable
Accrued Liabilities
Total Current Liabilities
Fund Equity:
Deficit
Total Liabilities and Fund Equity
-158 -
1993
$ 12,962
47,893
3, 136
159,833
3,800
$ 227,624
$ 7,327
272,981
3 764
284,072
(56,448)
$ 227,624
1992
$ 15,245
168,876
5,232
2 2,627
3,800
$ 215,780
$ 1,570
298,821
3,828
304,219
(88,439)
$ 215,780
CITY OF COLLEGE STATION, TEXAS
EMPLOYEE BENEFITS FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN DEFICITS
For the Fiscal Years Ended September 30, 1993 and 1992
Operating Revenues:
Premiums
Total Operating Revenues
Operating Expenses:
Claims
Administration Fees
Premiums
Reimbursed Administrative
Other
Total Operating Expenses
Operating Income (Loss)
Nonoperating Revenues (Expenses):
Interest on Investments
Other, Net
Total Nonoperating Revenues (Expenses)
Net Income
Deficit, October 1
Deficit, September 30
-159 -
1993
$1,594,473
1 ,594,473
1'148,010
92,529
304,716
35,639
152412
1,5962306
{1 2833)
34,100
{276)
33,824
31,991
(88,439)
$ {562448)
1992
$1,485,601
1 ,485,601
1 ,062,206
92,923
302,084
0
300
1 2457 ,513
282088
14, 174
17
14 ! 191
42,279
( 130 ,718)
$ (882439)
Operating Revenues:
Premiums
Total Operating Revenues
Operating Expenses:
Claims
Administration Fees
Premiums
Reimbursed Administrative
Other
Total Operating Expenses
Net Operating Income
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, 1993
Budget Actual
$1,448,000 . $1,594,473
1,448,000 1,594,473
974,600 1,148,010
105,000 92,529
257,300 304,716
35,639 35,639
5,000 15,412
1,377,539 1,596,306
70,461 (1 ,833)
Nonoperating Revenues (Expenses):
Bank Charges 0 (1,098)
Interest Earnings 900 34,100
Other, Net 0 822
Total Nonoperating Revenues 900 33,824
Net Income $ 71,361 $ 31,991
See reconciliation to GAAP basis on page 180.
-160-
Variance
Favorable
(Unfavorable)
$146,473
146,473
(173,410)
12,471
(47,416)
0
(10,412)
(218,767)
(72,294)
(1,098)
33,200
822
32,924
$ (39,370)
CITY OF COLLEGE STATION, TEXAS
FLEET REPLACEMENT FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Current Assets:
Equity in Cash and Cash Equivalents
Equity in Investments
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
Total Current Liabilities
Total Liabilities
Fund Equity:
Unreserved Retained Earnings
Total Fund Equity
Total Liabilities and Fund Equity
-161 -
1993
$ 232,449
858,863
39,095
1,130,407
1,340,586
(216,586)
1,124,000
$2,254,407
$ 162,485
162,485
162,485
2,091,922
2,091 ,922
$2,254,407
1992
$ 50,839
563, 163
13,563
627,565
715,994
(57,589)
658,405
$1,285,970
$ 225
225
225
1,285,745
1,285,745
$1,285,970
CITY OF COLLEGE STATION, TEXAS
FLEET REPLACEMENT FUND
COMPARATIVE STATEMENTS OF REVEN UES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1993 and 1992
1993 1992
Operating Revenues:
Charges for Services $ 8772440 $123042792
Total Operating Revenues 8772440 1,3042792
Operating Expenses:
Depreciation 1582997 572589
Total Operating Expenses 1582997 57,589
Operating Income 7182443 122472203
Nonoperating Revenues:
Interest on Investments 872734 382542
Total Nonoperating Revenues 872734 38,542
Net Income 806, 177 1,285,745
Retained Earnings, October 1 12285,745 0
Retained Earnings, September 30 $220912922 $122851745
-162 -
Operating Revenues:
Charges for Goods and Services
Total Operating Revenues
Operating Expenses:
Depreciation Expense
Capital Outlay
Contingency
Total Operating Expenses
Net Operating Income (Loss)
Nonoperating Revenues:
Interest Earnings
Total Nonoperating Revenues
Net Income
CITY OF COLLEGE STATION, TEXAS
FLEET REPLACEMENT FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Budget Actual
$ 877,440 $ 877,440
877,440 877,440
0 158,997
899;650 624,592
5,100 0
904,750 783,589
(27,310) 93,851
36,900 87,734
36,900 87,734
$ 9,590 $ 181,585
See reconciliation to GAAP basis on page 180.
-163 -
Variance
Favorable
(Unfavorable)
$ 0
0
(158,997)
275,058
5,100
121, 161
121, 161
50,834
50,834
$171,995
CITY OF COLLEGE STATION, TEXAS
LANDFILL FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Current Assets:
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Inventories
Total Current Assets
Property and Eq_uipment:
Machinery and Equipment
Less Accumulated Depreciation
Total Property and Equipment
Total Assets
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable
Retainage Payable
Accrued Liabilities
Total Current Liabilities
Noncurrent Liabilities:
Accrued Vacation
Total Noncurrent Liabilities
Total Liabilities
Fund Equity:
Unreserved Retained Earnings
Total Fund Equity
Total Liabilities and Fund Equity
-164-
1993
$ 97,521
360,323
11,917
0
469,761
36,530
(13 ,889)
22,641
$ 492,402
$ 368,644
17,045
10,865
396,554
11 ! 914
11 , 914
408,468
83,934
83,934
$ 492,402
$
1992
2,812
31'155
0
532
34,499
34,378
(6,999)
27,379
$ 61,878
$ 6,466
0
8, 161
14,627
9,8i7
9,817
24,444
37,434
37,434
$ 61,878
CITY OF COLLEGE STATION, TEXAS
LANDFILL FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1993 and 1992
Operating Revenues:
Charges for Services
Total Operating Revenues
Operating Expenses:
Salaries
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Purchased Services
Reimbursed Administrative
Depreciation
Other
Total Operating Expenses
Operating Income
Nonoperating Revenues (Expenses):
Interest on Investments
Interest Expense
Total Nonoperating Revenues (Expenses)
Net Income
Retained Earnings, October 1
Retained Earnings, September 30
-165 -
1993
$1,476,940
1 ,476,940
382,768
105,658
137,023
585,256
20,075
15,763
204,770
6,889
534
1,458,736
181204
28,296
0
28,296
46,500
371434
$ 831934
1992
$ 765,525
765,525
363,585
79,871
69,282
12,858
12,045
11,384
185,364
5,288
0
739,677
251848
0
(11116)
(11116)
24,732
12,702
$ 371434
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 Adminstrative
Capital Outlay
Depreciation
Contingency
Total Operating Expenses
Net Operating Income
Nonoperating Revenues:
Interest Earnings
Total Nonoperating Revenues
Net Income
CITY OF COLLEGE STATION. TEXAS
LANDFILL FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Budget Actual
$1,880,468 $1,476,940
1,880,468 1,476,940
382,870 382,768
109,850 105,658
137,050 137,023
972,273 585,256
26,995 20,075
17,890 15,763
204,770 204,770
2,170 2,151
1,600 6,889
25,000 0
1,880,468 1,460,353
0 16,587
0 28,296
0 28,296
$ 0 $ 44,883
See reconciliation to GAAP basis on page 180.
-166 -
Variance
Favorable
(Unfavorable)
$(403,528)
(403,528)
102
4,192
27
387,017
6,920
2,127
0
19
(5,289)
25,000
420,115
16,587
28,296
28,296
$ 44,883
CITY OF COLLEGE STATION. TEXAS
PROPERTY AND CASUAL TY FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Current Assets:
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Accounts
Less Allowance for Uncollectible
Accounts
Total Current Assets
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable
Claims Payable
Total Current Liabilities
Fund Equity:
Unreserved Retained Earnings (Deficit)
Total Liabilities and Fund Equity
-167-
1993
$ 11,575
42,767
1,463
2,841
(2,425)
$ 56,221
$ 4,758
46,885
51,643
4,578
$ 56,221
$
$
1992
0
0
0
175
(175)
0
$ 46,836
$
23, 100
69,936
(69,936)
0
CITY OF COLLEGE STATION, TEXAS
PROPERTY AND CASUALTY FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS (DEFICITS)
For the Fiscal Years Ended September 30, 1993 and 1992
1993
Operating Revenues:
Premiums $ 3881740 $
Total Operating Revenues 3881740
Operating Expenses:
Claims 58,744
Premiums 257,491
Reimbursed Administrative 47,031
Other 71903
Total Operating Expenses 3711169
Operating Income (Loss) 17,571
Nonoperating Revenues (Expenses):
Reimbursed Expenses 0
Interest Expense 0
Interest Earnings 1,463
Other, Net 0
Total Nonoperating Revenues (Expenses) 1 ,463
Net Income (Loss) Before Operating Transfers In 19,034
Operating Transfers In 551480
Net Income (Loss) 74,514
Deficit, October 1 (69,936)
Retained Earnings (Deficit), September 30 $ 41578 $
-168 -
1992
3721387
3721387
78,291
257,335
55,476
175
3911277
(181890)
5,635
(6,492)
0
(62700)
(71557)
(26,447)
0
(26,447)
(431489)
{692936)
Operating Revenues:
Premiums
Total Operating Revenues
Operating Expenses:
Claims
Premiums
Reimbursed Administrative
Total Operating Expenses
Net Operating Income (Loss)
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, 1993
Budget Actual
$390,600 $388,740
390,600 388,740
27,500 58,744
270,000 257,491
47,031 47,031
344,531 363,266
46,069 25,474
Nonoperating Revenues (Expenses):
Interest Earnings 2,600 0
Interest Expense 0 (4, 189)
Total NonoperatingRevenues (Expenses) 2,600 (4, 189)
Operating Transfers In 0 55,480
Net Income $ 48,669 $ 76,765
See reconciliation to GAAP basis on page 180.
-169 -
Variance
Favorable
(Unfavorable)
$ (1,860)
(1,860)
(31,244)
12,509
0
(18,735)
(20,595)
(2,600)
(4, 189)
(6,789)
55,480
$28,096
CITY OF COLLEGE STATION , TEXAS
UNEMPLOYMENT FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Current Assets:
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Total Current Assets
Liabilities and Fund Equity
Fund Equity:
Unreserved Retained Earnings
Total Liabilities and Fund Equity
-170-
1993
$ 29,864
110,343
5,018
$ 145,225
$ 145,225
$ 145,225
$
1992
9,376
103,865
2,685 .
$ 115,926
$ 115,926
$ 115,926
CITY OF COLLEGE STATION, TEXAS
UNEMPLOYMENT FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS
For the Fiscal Years Ended September 30, 1993 and 1992
1993
Operating Revenues:
Premiums $ 52,425 $
Total Operating Revenues 52,425
Operating Expenses:
Claims 24,583
Reimbursed Administrative 7,856
Total 'Operating Expenses 32,439
Operating Income 19,986
Nonoperating Revenues:
Interest on Investments 9,313
Total Nonoperating Revenues 9,313
Net Income 29,299
Retained Earnings, October 1 115,926
Retained Earnings, September 30 $ 145,225 $
-171 -
1992
71,675
71,675
15,929
0
15,929
55,746
7' 123
7' 123
62,869
53,057
115,926
Operating Revenues:
Premiums
Total Operating Revenues
Operating Expenses:
Claims
Reimbursed Administrative
Total Operating Expenses
Net Operating Income
Nonoperating Revenues :
Interest Earnings
Total Nonoperating Revenues
Net Income
CITY OF COLLEGE STATION, TEXAS
U NEMPLOYME NT FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Budget Actual
$46,200 $52,425
46,200 52,425
23,300 24,583
7,856 7,856
31, 156 32,439
15,044 19,986
6,300 9,313
6,300 9,313
$21,344 $29,299
See reconciliation to GAAP basis on page 180.
-172 -
Variance
Favorable
(Unfavorable)
$ 6,225
6,225
(1,283)
0
(1,283)
4,942
3,013
3,013
$ 7,955
CITY OF COLLEGE STATION, TEXAS
UTILITY BILLING FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Current Assets:
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Prepaid Costs
Total Current Assets
Property and Equipment:
General Electric Plant
Less Accumulated Depreciation
Construction in Progress
Total Property and Equipment
Total Assets
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable
Accrued Liabilities
Total Current Liabilities
Noncurrent Liabilities:
Accrued Vacation
Total Noncurrent Liabilities
Total Liabilities
Fund Equity:
Contributed Capital
Unreserved Retained Earnings (Deficit)
Total Fund Equity
Total Liabilities and Fund Equity
-173 -
1993
$ 79,984
295,530
13,380
365
389,259
545,266
(452,868)
25,028
117,426
$ 506,685
$ 3,487
6, 155
9,642
35,810
35,810
45,452
381, 137
80,096
461,233
$ 506,685
1992
$ 12' 139
134,474
3,511
0
150, 124
541,161
(350,038)
0
191 , 123
$ 341,247
$ 5,276
4,978
10,254
35,790
35,790
46,044
381'137
(85,934)
295,203
$ 341,247
CITY OF COLLEGE STATION, TEXAS
UTILITY BILLING FUND
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND
CHANGES IN RETAINED EARNINGS (DEFICITS)
For the Fiscal Years Ended September 30, 1993 and 1992
Operating Revenues:
Charges for Services
Total Operating Revenues
Operating Expenses:
Salaries and Benefits
Sup plies
Maintenance
Purchased P r of ess ional Services
Purchased Property Services
Other Purchased Services
Reimbursed Administrative
Depreciation
Total Ope.rating Expenses
Operating Income
Nonoperating Revenues (Expenses):
Interest on Investments
Other
Total Nonoperating Revenues (Expenses)
Net Income
Deficit, October 1
Retained Earnings (Deficit), September 30
-174.
1993
$1,423,733
1,423,733
815,608
37,659
10,551
44
21,699
93,635
200,721
107,689
1,287,606
136, 127
31,087
{1 i184)
29,903
166,030
(85,934)
$ 80,096
1992
$1,241,148
1,241,148
774,867
27,955
12,969
0
21,893
92 ,72 1
160,248
104,967
1,195,620
45,528
8,657
{7,259)
1 398
46,926
{132,860)
$ {85,934)
Operating Revenues:
Charges for Services
Total Operating Revenues
Operating Expenses:
Salaries and Benefits
Supplies
Maintenance
Purchased Professional Services
Purchased Property Services
Other Services
Reimbursed Administrative
Capital Outlay
Depreciation
Expected Expenditure Savings
Contingency
Total Operating Expenses
Net Operating Income
CITY OF COLLEGE STATION. TEXAS
UTILITY BILLING FUND
SCHEDULE OF REVENUES AND EXPENSES
BUDGET AND ACTUAL (BUDGETARY BASIS)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1993
Budget Actual
$1,423,733 $1,423,733
1,423,733 1,423,733
839,744 815,608
37,799 37,659
11, 130 10,551
70 44
22,800 21,699
102,405 93,635
200,721 200,721
80,577 35,303
100,000 107,689
(34,307) 0
14,828 0
1,375,767 1,322,909
47,966 100,824
Nonoperating Revenues (Expenses):
Interest Earnings 0 31,087
Other 1,500 31
Total Nonoperating Revenues (Expenses) 1,500 31, 118
Net Income $ 49,466 $ 131,942
See reconciliation to GAAP basis on page 180.
-175-
Variance
Favorable
(Unfavorable)
$ 0
0
24, 136
140
579
26
1, 101
8,770
0
45,274
(7,689)
(34,307)
14,828
52,858
52,858
31,087
(1,469)
29,618
$ 82,476
CITY OF COLLEGE STATION, TEXAS
WORKERS' COMPENSATION FUND
COMPARATIVE BALANCE SHEETS
September 30, 1993 and 1992
Assets
Current Assets:
Equity in Cash and Cash Equivalents
Equity in Investments
Receivables:
Accrued Interest
Total Current Assets
Liabilities and Fund Equity
Current Liabilities:
Accounts Payable
Claims Payable
Total Current Liabilities
Fund Equity:
Unreserved Retained Earnings
Total Liabilities and Fund Equity
-176 -
1993
$ 128,760
475,745
21,429
$ 625,934
$ 15,685
154,044
169,729
456,205
$ 625,934
1992
$ 52, 157
577,758
14,596
$ 644 ,511
$ 64,876
156, 177
221,053
423,458
$ 644,511
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, 1993 and 1992
1993
Operating Revenues:
Premiums $ 4471996 $
Total Operating Revenues 4471996 ·*;
Operating Expenses:
Administration Fees 15,864
Claims 298,982
Premiums 30,742
Reimbursed Administrative 531052
Total Operating Expenses 3981640
Operating Income 491356
Nonoperating Revenues:
Interest on Investments 381871
Total Nonoperating Revenues 38,871
Net Income Before Operating Transfers Out 881227
Operating Transfers Out (55,480)
Net Income 32,747
Retained Earnings, October 1 423,458
Retained Earnings, September 30 $ 4561205 $
- 177 -
1992
4391181
4391181
25,800
151,386
28,461
0
205,647
2331534
391542
391542
2731076
0
273,076
1501382
4231458
Operating Revenues:
Premiums
Total Operating Revenues
Operating Expenses:
Administration Fees
Claims
Premiums
Reimbursed Administrative
Total Operating Expenses
Net Operating Income
Nonoperating Revenues:
Interest Earnings
Total Nonoperating Revenues
Operating Transfers Out
Net Income
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, 1993
Budget Actual
$ 423,711 $447,996
423,711 447,996
15,054 15,864
280,195 298,982
26,990 30,742
53,052 53,052
375,291 398,640
48,420 49,356
14,300 38,871
14,300 38,871
0 (55,480)
$ 62,720 $ 32,747
See reconciliation to GAAP basis on page 180.
-178 -
Variance
Favorable
(Unfavorable)
$ 24,285
24,285
(810)
(18, 787)
(3,752)
0
(23,349)
936
24,571
24,571
(55,480)
$ (29,973)
-179 -
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 SEPTEMB.ER 30, 1993
Total Revenues per Budget-Actual
Less Total Expenses per Budget-Actual
Net Income (Loss), Budgetary Basis
Add-Expenses Related to Balance Sheet:
Capital Outlay
Add (Deduct) -Unbudgeted
Revenue/Expense Adjustments:
Bad Debt Expense
Inventory Adjustment
Loss on Sale of Equipment
Net Income (Loss), GAAP Basis
Employee
Benefits
$1,629,395
1,597,404
31,991
0
0
0
0
$ 31,991
-180 -
Fleet
Replacement
$ 965,174
783,589
181,585
624,592
0
0
0
$ 806,177
Landfill
$1,505,236
1,460,353
44,883
2,151
0
(534)
0
$ 46,500
Property and
Casualty
$ 444,220
367,455
76,765
0
(2,251)
0
0
$ 74,514
Unemployment
$61,738
32,439
29,299
0
0
0
0
$29,299
Utility
Billing
$1,454,851
1,322,909
131,942
35,303
0
0
(1,215)
$ 166,030
Workers'
Compensation
$ 486,867
454, 120
32,747
0
0
0
0
$ 32,747
- 181 -
-182 -
GENERAL FIXED ASSETS ACCOUNT GROUP
To account for fixed assets not used in proprietary fund operations.
-183 -
-184 -
CITY OF COLLEGE STATION, TEXAS
GENERAL FIXED ASSETS ACCOUNT GROUP
COMPARATIVE SCHEDULE OF GENERAL FIXED ASSETS BY SOURCE
September 30, 1993 and 1992
1993 1992
General Fixed Assets:
Buildings $ 13,218,308 $ 13,031,574
Improvements 14,547,211 14,270,758
Machinery and Equipment 10,358,898 10' 193' 761
Parks System 8,702,166 6,275,661
Construction in Progress 1 ,406,569 1'861 ,039
Land 7,437,029 6 ,899 ,368
Total General Fixed Assets $ 5516701181 $ 5215321161
Investment in General Fixed Assets From:
Capital Pro j ects Funds $ 38,789,922 $ 35,640,258
General Fund Revenues 6,465,658 6,609,919
Special Revenue Funds 3,411,716 3,266,099
Contributions/Donations 36,650 36,650
Acquisitions Prior to July 1 ' 1979--
Source Undetermined 619661235 619791235
Total Investment in General Fixed Assets $ 5516701181 $ 5215321 161
-185-
CITY OF COLLEGE STATION, TEXAS
GENERAL FIXED ASSETS ACCOUNT GROUP
SCHEDULE OF GENERAL FIXED ASSETS BY SOURCE -BY FUNCTION AND ACTIVITY
SEPTEMBER 30, 1993
Building and
Building
Total Land Improvements
General Fund:
General Government $ 507,204 $ 0 $ 59,444
Fiscal and Human Resources 392,922 0 10,654
Police 498,610 0 1,972
Fire 927,498 0 3,868
Development Services 345,911 0 9,374
Public Services 1, 150,292 1500 28,168
Parks 1,095, 193 0 216,749
Management Services 116,506 0 9,223
College Station Business Park 1,900 1,900 0
Other 1,429,621 1,429,621 0
Total General Fund 6,465,657 1,433,021 339,452
Special Revenue Funds:
Parks Escrow 175,5 56 34,906 0
Federal Grants 2,081,222 13,082 279,359
Other 1,099,220 150,009 896,029
Total Special Revenue Funds 3,355,998 197,997 1, 175,388
Capital Projects Funds:
Certificates of Obligation Funds 1,732,352 637, 168 400,000
Capital Equipment 2,908,726 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
1981 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 9,897,571 1,734,849 927,666
1984 Bond Funds 10,042,055 799, 116 4,510,058
1989 Bond Funds 2,178,616 91, 112 956,780
1991 Bond Funds 593,698 0 0
Total Capital Projects Funds 37,439,072 4,349,406 9,751,611
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 54,263,612 7,437,029 13,218,308
Construction in Progress 1,406,569 0 6,909
Total General Fixed Assets $55,670, 181 $7,437,029 $13,225,217
-186 -
Machinery,
Tools and Parks
Equipment System Improvements
$ 447,760 $ 0 $ 0
382,268 0 0
496,638 0 0
923,630 0 0
336,173 0 364
1, 120,624 0 0
601, 177 277,267 0
107,283 0
0 0 0
0 0 0
4,415,553 277,267 364
1,300 139,350 0
11,039 154,930 1,622,812
32,909 0 20,273
45,248 294,280 1,643,085
695,184 0 0
2,908,726 0 0
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 4,633,404 1,907,273
703,751 584,586 3,444,544
14,561 5,575 1, 110,588
0 402,895 190,803
5,315,941 7,318,410 10,703,704
0 0 36,650
582,156 812,209 2,163,408
10,358,898 8,702,166 14,547,211
51 183, 199 1,216,410
$10,358, 949 $8,885,365 $15, 763, 621
-187 -
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, 1993
General Fixed General Fixed
Assets Assets
9/30/92 Additions Retirements Transfers 9/30/93
Function and Activity
General Fund:
General Government $ 497,918 $ 13,355 $ (4,069) $ 0 $ 507,204
Fiscal and Human Resources 374,574 41,295 (22,947) 0 392,922
Police 550,509 49,200 (101,099) 0 498,610
Fire 1,035,037 66,974 (174,513) 0 927 ,498
Development Services 305,459 47,863 (7,410) 0 345,912
Public Services 1,364, 161 4,211 (218,080) 0 1,150,292
Parks 1,023,605 80,628 (9,040) 0 1,095, 193
Management Services 29 ,035 107,505 (20,035) 0 116,505
College Station Business Park 0 1,900 0 0 1,900
Other 1,429,621 0 0 0 1,429,621
Total General Fund 6,609,919 412,931 (557, 193) 0 6,465,657
Special Revenue Funds:
Parks Escrow 175,556 0 0 0 1 75,556
Federal Grants 2,023,722 0 0 57,500 2,081,222
Other 1,066,821 32,399 0 0 1,099,220
Total Special Revenue Funds 3,266,099 32,399 0 57,500 3,355,998
Capital Projects Funds:
Certificates of Obligation 1,732,352 0 0 0 1,732,352
Capital Equipment 2,591,246 317,480 0 0 2,908,726
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 BondFunds 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 1,9 04,043
1982 Bond Funds 3,902,862 0 0 0 3,902,862
198211 Bond Funds 7,224,694 2,672,87 8 0 0 9,897,572
1984 Bond Funds 9,869,706 172,349 0 0 10,042,055
1989 BondFunds 2,000,714 177,901 0 0 2, 178,615
1991 Bond Funds 274,453 319,245 0 0 593,698
Total Capital Projects Funds 33,779,219 3,659,853 0 0 37,439,072
Contributions/Donations 36,650 0 0 0 36,650
Acquisitions Prior to July 1,
1979 -Source Undetermined 6,979,235 0 (13,000) 0 6,966,235
Construction in Progress 1,861,039 3,240,299 (3, 694, 769) 0 1,406,569
Total General Fixed Assets $52,532, 161 $7,345,482 $(4,264,962) $ 57,500 $55,6 70, 181
-188 -
STATISTICAL SECTION
- 189 -
CITY OF COLLEGE STATION, TEXAS
GENERAL GOVERNMENTAL REVENUES AND OTHER FINANCING SOURCES (1)
LAST TEN FISCAL YEARS
General
Fiscal Property Franchise & Sales & Mixed Licenses & Fines &
Year Tax Franchise Tax Drink Tax Permits Penalties
1984 $ 25,696 $ 299,269 $ 2,743,848 $ 193,065 $ 350,244
1985 8,408 267,991 3,104,118 220,378 442,921
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 94,691 536,155
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 7,995,877 445,58 5 893,649
(1) Revenues presented include the General and Debt Service Funds.
(2) Revenue sharing transfers made fiscal 1980 through fiscal 1987.
(3) Fiscal Year 1988 represents the transition from a June 30 year-end to September 30.
Fiscal Year 1988 shows the 15 months 7/1/87 -9/30/88.
Source: City of College Station
-190 -
Charges Transfer Other Debt Service
For From Enterprise Financing Property
Services Funds All Other Sources Tax Total
$ 269,094 $ 2,774,940 $ 354,924 $ 337,370 (2) $ 2,678,842 $ 10,027,292
286,010 3,272,759 453,871 625,825 (2) 3,514,761 12,197,042
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 4,266,5 04 800,690 68,213 3,351,369 20,760,287
-191 -
(1)
Fiscal
Year
1984
1985
1986
1987
1988 (2)
1989
1990
1991
1992
1993
CITY OF COLLEGE STATION, TEXAS
GENERAL GOVERNMENTAL EXPENDITURES AND
OTHER USES BY FUNCTION (1)
LAST TEN FISCAL YEARS
General
Government Police Fire
$ 3,200,862 $ 2,089,176 $ 1,842,618
3,559,610 2,445,386 2,008,648
3,948,780 2,711 ,271 2,224,796
4,214,064 3,024,395 2,324,273
4,968,662 3,883,961 2,943,886
4,335,002 3,188,081 2,588,909
4,617,138 3,363,665 2,780,466
4,723,549 3,491,656 2,833,455
4,934,782 3,862,849 3,034,046
5,289,911 4,054,244 3,331,309
Expenditures presented include the General and Debt Service Funds.
Public
Services
$ 966,407
1,142,137
1,240,623
1,190,695
1,561,876
1,392,230
1,502,988
1,940,697
2,108,406
2,266,145
(2) Fiscal year 1988 represents the transition from a June 30 year-end to September 30.
Fiscal Year 1988 shows 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.
Source: City of College Station
-192-
Parks &
Recreation
$ 1,159,758
1,405,236
1,572,606
1,583,837
2,401,189
2,090,649
2,428,196
2,269,977
2,576,106
2,838,541
Other
Library Capital Reimbursed All Debt Financing
Services Outlay Administrative Other Service Uses Total
$ 0 $ 762,368 $ (2,391,871) $ 0 $ 3,493,647 $ 0 $ 11,122,965
0 651,878 (2, 779, 161) 0 3,499,615 0 11,933,349
0 606,156 (2,832, 153) 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 (2,415,356) (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
-193 -
Current
Fiscal
Year
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
CITY OF COLLEGE STATION, TEXAS
PROPERTY TAX LEVIES AND COLLECTIONS
LAST TEN FISCAL YEARS
Percent
Total Tax Of Levy
Tax Levy Collections Collected
$2,609,180 $2,497,144 95.71 %
3,446,634 3,243,918 94.12
4,163,870 3,870,682 92.96
4,261,855 3,956,428 92.83
4,181,328 3,945,308 94.36
4,262,125 4,122,235 96.72
4,472,941 4,376,436 97.84
4,429,176 4,308,690 97.28
4,506,448 4,373,907 97.06
4,902,798 4,816,407 98.24
Source: City of College Station
- 194-
Delinquent
Tax
Collections
$76,450
79,880
105,878
192,003
315,203
202,588
98,787
136,233
77,220
107,407
Total Collections Outstanding Delinquent
Total As Percent Of Outstanding Taxe s As A Percent
Tax Collections Current Levy Delinquent Taxes Of Current Levy
$2,573,594 98.64 % $168,495 6.46 %
3,323,798 96.44 286,133 8.30
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
-195-
- 196 -
CITY OF COLLEGE STATION, TEXAS
ASSESSED VALUE OF TAXABLE PROPERTIES (1)
LAST TEN FISCAL YEARS
F iscal
Year Real Property Personal Property
1984 $ 775,606, 760 $ 95,188,096
1985 879,001,892 116,065,055
1986 993,907 ,903 144,581,203
1987 1,014,067,239 143,572,456
1988 993,765,995 145,214,623
1989 1,002,938,332 157,209,511
1990 995,686,332 161 ,343, 707
1991 983 ,973,909 156,164,603
1992 1,013,892,433 150,886,397
1993 1, 184, 7 48,445 168,378,927
(1) Assessed Value is 100% of the estimated actual value.
Source: Brazos County Appraisal District
State Property Tax Board Report of Property Value
-1 97 -
Exemptions
$ 29,592,994
35,420,320
36,875,269
36,629,372
38,631,099
38,535,922
38,794,667
38,658,990
38,166,827
164,570,381
Total
$ 841,201,862
959,646,627
1, 101,613,837
1, 121,010,323
1, 100,349,519
1, 121,611,921
1, 118,235,372
1, 101,479,52 2
1, 126,612,003
1, 188,556,991
Fiscal
CITY OF COLLEGE STATION, TEXAS
PROPERTY TAX RATES, RATIOS AND LEVIES
ALL DIRECT AND OVERLAPPING GOVERNMENTS
LAST TEN FISCAL YEARS
Tax Rates
(Per $100 of Assessed Value)
Year(1) City School County Total(3)
1984 $.3100 $.9700 $.3100
1985 .3600 .9500 .3296
1986 .3800 .9780 .3253
1987 .3800 1.0790 .4170
1988 .3800 1.0790 .4170
1989 .3800 1.2100 .3427
1990 .4000 1.3000 .3689
1991 .4000 1.4400 .4105
1992 .4000 1.6800 .4399
1993 .4125 1.6800 .4399
(1) Tax rates are established by each taxing jurisdiction on an annual basis for
revenues to be collected in the following fiscal year.
$1.5900
1.6396
1.6833
1.8760
1.8760
1.9327
2.0689
2.2505
2.5199
2.5324
(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
-198-
Tax Ratios OriginalTax Levies
City School County City School County
100 % 100 % 100 % $ 2,609,180 $ 8,706,598 $ 9,086,144
100 100 100 3,446,634 9,676,00 1 9,206,410
100 100 100 4,163,870 11,757,247 9,997,174
100 100 100 4,261,855 12,797,106 11,515, 156
100 100 100 4,181,328 12,959,657 12,297,807
100 100 100 4,262,125 14,868,835 10,138,888
100 100 100 4,472,941 15,814,785 10,476,587
100 100 100 4,999,328 17,388,938 11,438,852
100 100 100 5,130,768 18,612,589 12,184,729
100 100 100 4,902,806 21,608,259 12,789,846
-199 -
F iscal
Year
1984
1985
1986
1987
1 988
1989
1990
1991
1992
1993
CITY OF COLLEGE STATION, TEXAS
PAVING ASSESSMENT COLLECTIONS
LAST TEN FISCAL YEARS
Percentage of
Current Assessments Assessments
Assessment Collected Collected
$ 49,373 $ 65 5.00%
0 45,746 32.24
0 16,019 16.66
0 13,433 16.76
202,546 36,913 13.71
0 21,703 93.40
40,926 14,251 5.67
0 31,016 13.07
0 4,682 2.27
0 58,358 28.95
Source: City of College Station Finance Department
- 200-
Total
Outstanding
Assessments
$141,899
96,153
80,134
66,701
232,334
210,631
237,306
206,290
201,608
143,250
CITY OF COLLEGE STATION, TEXAS
COMPUTATION OF LEGAL DEBT MARGIN
SEPTEMBER 30, 1993
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.
-201 -
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
1984 49,022 (1) $ 841,201,862
1985 50,853 (1) 959,646,627
1986 50,991 (1) 1, 101,613,837
1987 51,222 (1) 1,121,010,323
1988 51,463 (1) 1, 100,349,519
1989 51,707 (1) 1,121,611,921
1990 51,977 (1) 1, 118,235,372
1991 52,456 (2) 1, 101,479,522
1992 53,686 (1) 1, 126,612,003
1993 54,449 (1) 1, 188,556,991
(1) Source: Metropolitan Planning Organization & City of College Station
Planning Department
(2) Source: U.S. Government Preliminary Census
$ 27,480,000
21,354,000
19,907,500
18,411,000
20,993,888
19,242,957
20,664,590
18,577,355
21,103,590
19,014,385
(3) Includes general obligation debt that is serviced by the Enterprise Funds.
In fiscal 1985, such debt was reflected as indebtedness of the Utility Fund.
-202-
(3)
Less Ratio of
Debt Service Net Net Bonded Debt Net Bonded
Cash Funds Bonded Debt To Assessed Valuation Debt Per Capita
$ 1,478,640 $ 26,001,360 3.09 $530
1,750,986 19,603,014 2.04 385
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
-203-
CITY OF COLLEGE STATION, TEXAS
SCHEDULE OF DIRECT AND ESTIMATED OVERLAPPING DEBT (1)
SEPTEMBER 30, 1993
Net Debt City's Share
Taxing Body Amount As Of Percent Amount
ESTIMATED OVER-
LAPPING DEBT
College Station l.S.D. (2) $33,479,902 8/31/93 83.48 % $27,949,022
Brazos County (3) 8,465,000 8/31/93 39.52 3,345,368
Bryan l.S.D. (4) 27,690,022 8/31/93 5.17 1,431,574
32,725,964
NET DIRECT DEBT
City of College Station 18,144,350 9/30/93 100.00 18,144,350
NET DIRECT AND ESTIMATED
OVERLAPPING DEBT $50,870,314
*Population 54,449
(1) Source: City of College Station Finance Department
(2) Source: College Station Independent School District
(3) Source: Brazos County
(4) Source: Bryan Independent School District
-204-
Per*
Capita
$513
62
26
602
333
$935
Fis cal
Year
1 984
1985
1986
1987
1 988
1989
1990
1991
1992
1993
(1)
(2)
CITY OF COLLEGE STATION, TEXAS
RATIO OF ANNUAL DEBT SERVICE EXPENDITURES
FOR GENERAL OBLIGATION DEBT TO
TOTAL GENERAL GOVERNMENTAL EXPENDITURES ANO OTHER USES
LAST TEN FISCAL YEARS
Total General
Interest, Governmental
Fiscal and Total Expenditures
Principal Other Charges Debt Service and Other Uses Ratio
$ 1,547,007 $ 1,944,710 $ 3,491,717 (1) $ 11,122,965 31.39 %
1,361,800 2,137,815 3,499,615 11,933,349 29.33
1,630,982 2,176,601 3,807,583 13,279,662 28.67
1,685,439 2,020,363 3,705,802 13,089,325 2 8.31
1,795,053 2,108,331 3,903,384 16,822,396 (2) 23.20 (2)
1,852,938 1,546,888 3,399,826 15,237,461 22.31
1,913,720 1,508,983 3,422,703 16,384,008 20.89
2,206,493 1,464,946 3,671,439 17,838,939 20.58
3,332,876 1,510,729 4,843,605 19,669,730 24.62
2,111,906 1,396,999 3,508,905 19,539,367 17.96
Includes general o bligation debt that is serviced by the Enterprise Funds.
As of July 1, 1984, such debt was reflected as indebtedness of the Utility Fund.
Fiscal year 1988 represents the transition from a June 30 year-end to
September 30. Fiscal year 1988 shows the 15 months 7 /1 /87 -9/30/88.
Source: City of College Station
-205 -
Fiscal
Year
1984
1985
1986
1987
1988 (1)
1989
1990
1991
1992
1993
(1)
Operating
Revenues
$ 26,2n,830
31,867,897
32,480,725
32,760,614
48,138,363
37,584,6 13
37,108,418
35,558,9 16
37,524,486
39,637,874
CITY OF COLLEGE STATION, TEXAS
UTILITY FUNDS
SCHEDULE OF REVENUE BOND COVERAGE
LAST TEN FISCAL YEARS
Operating
Expenses
(Excludi ng Net Average Annual
Depreciation) Revenues Total Coverage
$ 16,265,010 $ 10,012,820 $ 4,066,427 2 .46 %
21,673,543 10,194,354 3,582,202 2.85
23,958,157 8,522,568 3,476,179 2.45
22,7n,769 9,982,845 3,357,119 2.97
33,676,51 1 14,461,852 3,134,547 4.61
26,878,049 10,706,564 2,999,229 3.57
26,478,070 10,630,348 2,863,939 3.71
27,042,224 8,516,692 2,337,186 3.64
27,463,001 10,061,485 2,186,415 4.60
28,912,833 10,725,041 2,218,247 4.83
Fiscal year 19 88 represents the transition from a June 30 year-end to
September 30. Fiscal year 1 98 8 shows the 15 months 7/1/87 -9/30/88.
Source: City of College Station
-206-
Maximum Annual
Total Coverage
$ 5,688,176 1.76 %
5,172 ,546 1.97
5,143,007 1.66
5,096,158 1.96
4 ,758,37 0 3.04
4,487,414 2 .39
4,2 45,295 2.50
4,447,976 1.91
4,144,820 2.43
4,936,738 2.17
(1)
Fiscal
Year
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
(1)
(4)
CITY OF COLLEGE STATION, TEXAS
TOTAL BANK DEPOSITS
LAST TEN FISCAL YEARS
Amount
$ 190,147,000
200,588,000
199, 102,000
214,443 ,000
135,469,000
806, 100,000
703,600,000
787,700,000
769,400,000
717,485,000
Effective in fiscal year 1988, data from September 30. Prior years are
June 30 reports.
(2) During fiscal year 1988, First Republic Bank A&M was purchased by
North Carolina National Bank and operated as a branch of N.C.N.B.
Texas National Bank (now NationsBanJ<). Call reports are not issued
by branch banks.
(3) Due to continued consolidation in the banking industry, total includes
Bryan -College Station area banks.
(4) During 1993, First City, Texas was purchased by Victoria Bank and Trust.
Since call reports are not issued by branch banks, the corporate office
was contacted and the amount of deposits made into the Bryan branch
bank was obtained.
Source: Call reports for all Bryan/College Station area banks.
-207-
(2)
(3)
(3)
(3)
(3)
(3)
Year
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
Source:
Residential
Construction
Number
of Permits
CITY OF COLLEGE STATION, TEXAS
Value
CONSTRUCTION PERM ITS
LAST TEN CALENDAR YEARS
Commercial
Construction
Number
of Permits Value
134 $ 23,500.892 467 $ 45,546,079
194 9,587,839 323 15,779,281
209 8,104,272 134 16,133,255
250 12,655,651 225 15,590,672
243 20,279,472 172 3,468,622
229 15,528,105 203 22,085,987
213 12,539,486 56 3,870,491
370 18,933,748 164 17,319,566
475 31,503,185 153 11,648,580
381 38,141,976 178 27,288,295
City of College Station Building Department
-208-
Total
Number
of Permits Value
601 $ 69,046,971
517 25,367,120
343 24,237,527
475 28,246,323
415 23,748,094
432 37,614,092
269 16,409,977
534 36,253,314
628 43,151,765
559 65,430,271
Taxpayer
C.B.L. Management
General Telephone
Galen Hospitals of Texas, Inc.
l.D.I. Investments, Inc.
Walmart/Sam's Properties
Resolution Trust Corporation
Lodgec Properties
Lane College Station, Ltd.
Westinghouse Electric Corp.
Allen, Lawrence and Elizabeth
Total
CITY OF COLLEGE STATION, TEXAS
PRINCIPAL TAXPAYERS
SEPTEMBER 30, 1993
Type of Business
Retail Mall
Utility
Hospital
Apartments
Retail
Commercial/ Apartments
Commercial/ Apartments
Hotel
Manufactur ing
Housing
1993
Assessed Valuation
$ 44,356,552
27,663,000
20,584,699
19,774,580
15,547,955
13,583,104
13,288,465
9,656,000
9,162,735
7,449,500
$181,066,590
Source: Brazos County Appraisal District
- 209 -
Percent of
Total Assessed
Valuation
3.73%
2.33
1.73
1.66
1.31
1.14
1.12
0.81
0.77
0.63
15.23 %
Utility Customer
City of College Station
Westinghouse
Lane C/S Ltd. Partnership
Randall's Food Markets
CBL & Associates
Agency Management Services
Walmart Stores, Inc.
U.S. Department of Agriculture
Brazos Valley Medical Center
Albertson's
TOTAL
CITY OF COLLEGE STATION, TEXAS
PRINCIPAL UTILITY CUSTOMERS
SEPTEMBER 30, 1993
Type of Business
Municipality
Manufacturing
Hotel
Retail Grocery
Retail Mall
Insurance Service
Retail
Government
Health Care
Retail Grocery
Total
FY 1993 Percent of KW
KW Consumption Consumed
8,539,200 1.95%
7,722,000 1.77
5,694,300 1.30
5,264,400 1.20
4,623,600 1.06
4,577,400 1.05
4,133,040 0.95
4,078,000 0.93
4,044,800 0.93
3,479,040 0.80
52,155,780 11.94%
Total KW consumption for the period October 1, 1992, to September 30, 1993, was 436,679,604.
SOURCE: City of College Station Utility Billing Department
-210 -
CITY OF COLLEGE STATION, TEXAS
MISCELLANEOUS STATISTICAL AND DEMOGRAPHIC DATA
SEPTEMBER 30, 1993
Date incorporated
Date first charter adopted
Date present charter amended
Form of government
Fire Protection:
Area in square miles
Year
Miles of streets
1938
1948
1958
1968
1978
1982
1986
1988
1992
Miles of sidewalks
Miles of sanitary sewer
Number of stations
Number of full-time employees
Police Protection:
Number of employees (sworn)
Number of employees (civilian)
Number of patrol units
Paved
Unpaved
One jail facility with a capacity of 20
Recreation: Number of playgrounds
Number of basketball courts
Number of swimming pools
Number of soccer fields
Number of softball/baseball fields
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 pavillions
(Continued)
-211 -
Square Miles
1.5
4.2
7.3
17.3
22.6
23.8
26.7
27.7
28.1
October, 1938
October, 1938
May, 1992
Council-Manager
201.0 Miles
2.5 Miles
30.0 Miles
210.0 Miles
2
76
74
36
15
21
17
3
17
14
12
10
1
5
4
12
23
7
CITY OF COLLEGE STATION, TEXAS
MISCELLANEOUS STATISTICAL AND DEMOGRAPHIC DATA
SEPTEMBER 30, 1993
(Continued)
Parks:
Facili!Y Acres Facili!Y Acres
Anderson Park 8.9 Longmire Park 4.2
Bee Creek Park 43.5 Merry Oaks 4.6
Brison Park 9.2 Oaks Park 7.5
Brother's Pond 16.1 Parkway 1.9
College Station Raintree 13.0
Central Park 47.2 Richard Carter Park 7.4
Conference Center 7.8 Sandstone 15.0
Cy Miller Park 2.5 Southwood Complex 44.7
Eastgate 1.0 Thomas Park 16.1
Emerald Forest Park 4.5 University Park Site 10.2
Fairview 1.8 Wayne Smith Park 2.0
Gabbard Park 10.7 Westchester 10.0
Georgia K. Fitch 11.3 Windwood 1.0
Hensel Park -TAMU 29.7 Wolfpen Creek Park 19.5
Lemon Tree Park 15.4 Woodcreek Park 6.6
Lick Creek Park 515.5 Woodway Park Site 4.2
Lincoln Center 8.0
Lion's Park 1.5
TOTAL ACREAGE 902.5
Utility Funds:
Electric Users (Units Served)
Water Users (Units Served)
22,505
16,149
KWH/Mo. Average Electrical Consumption:
Average Water Consumption:
Number of Employees:
Electric
Weier
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
Electric Capacity:
Maximum Capacity
Number of Switching Stations
Number of Substations
Miles of Distribution Lines
(Continued)
-212-
36,502,446
191,773 MGW/Mo.
46
32
34
4
15,600,000 GALJday
Total capacity 1 o, 000,000 GALS
Total capacity 3, 000, 000 GALS
300Miles
170 megawatts
1
3
210
CITY OF COLLEGE STATION, TEXAS
MISCELLANEOUS STATISTICAL ANO DEMOGRAPHIC DATA
SEPTEMBER 30, 1993
(Continued)
Solid Waste Collection Fund:
Education:
Elections:
Population:
SOURCE:
Number of users (units served) 19,275
Methodology Curbside pickup using automated containers.
Attendance centers
Number of classrooms
Number of teachers
Number of students
Number of registered voters:
Last general election
Last municipal election
Number of votes cast in:
Last general election
Last municipal election
Percentage of registered voters voting in:
Census Count
Last general election
Last municipal election
City of College Station
1990
1980
1970
1960
1950
(Continued)
- 213 -
7
350
360
6,140
29,465
30,429
22,982
5,436
78.00%
17.86%
52,456
37,296
17,676
11,396
7,925
CITY OF COLLEGE STATION, TEXAS ·
MISCELLANEOUS STATISTICAL AND DEMOGRAPHIC DATA
SEPTEMBER 30, 1993
(Continued)
PROJECTED AND ACTUAL TEXAS A&M UNIVERSITY ENROLLMENT BY FALL SEMESTERS
UNIVERSITY
YEAR PROJECTIONS
1987 39,079
1988 39,163
1989 40,492
1990 41, 131
1991 40 ,997
1992 41,092
1993 42,524
1994 41,000 Projected
1995 41,000 Projected
2000 41,000 Projected
SOURCE: TAMU Planning & Institutional Analysis, October, 1993.
PRIMARY LABOR FORCE FOR BRAZOS COUNTY
TOTAL
YEAR LABOR FORCE PERCENT UNEMPLOYED
1984 57,516 3.7
1985 56,504 4 .8
1986 57,472 6 .4
1987 59,595 6.�
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
SOURCE: College of Business Administ ration Report on the Economic Assessment and
Comparative Advantages of Bryan/College Station, Texas A&M University,
1984 for years 1980 -1984. Texas Employment Commission (Bryan, Texas) for
years 1985 -1993.
-214-
INGRAM, WALLIS & COMPANY
A PROFESSIONAL CORPORATION
Certified Public Accountants
2100 Villa Maria, Suite 100
BRYAN, TEXAS 77802
TELEPHONE James D. Ingram, III
Thomas A. Wallis ( 409) 776-2600
TELECOPIER Agnes L. Bennett
Judith W. Childs
James D. Ingram, IV
Richard L. Webb
Sharon L. Pechal
Wendi M. Stratta
Pu-Yu (Peggy) Wang
Joan M. Voneiff
Diane E. Kruse
(409) 774-7759
Mayor Larry Ringer,
Members of City Council and City Manager
of the City of College Station, Texas
We have audited the general purpose financial statements of the
City of College Station, Texas ("City"), for the year ended
September 30, 1993 and have issued our report thereon dated January
29, 1994.
Our professional standards require that we communicate with you
concerning certain matters that may be of interest to you in
fulfilling your obligation to oversee the financial reporting
responsibility. We have prepared the following comments to assist
you in fulfilling that obligation.
OUR RESPONSIBILITY UNDER GENERALLY ACCEPTED AUDITING STANDARDS
We conducted our audit of the 1993 financial statements of the city
in accordance with generally accepted auditing standards. Those
standards require that we plan and perform the audit to obtain
reasonable, rather than absolute, assurance about whether the
financial statements are free of material misstatement. When
performing an audit in accordance with those standards, we are only
required to obtain an understanding of the City's internal control
structure sufficient to enable us to properly plan our audit.
Therefore, we cannot provide any assurances about the design or
operation of the internal control structures.
Based, in part, on our understanding of the control environment, we
designed our audit to provide reasonable assurance of detecting
errors and irregularities. However, because of the characteristics
of irregularities, particularly those involving forgery and
collusion, a properly designed and executed audit may not detect
such items.
SIGNIFICANT ACCOUNTING POLICIES
The City's significant accounting policies are disclosed in the
notes to the general purpose financial statements.
During the year ended September 30, 1993, there were no significant
changes in previously adopted accounting policies or their
application.
MANAGEMENT JUDGMENTS AND ACCOUNTING ESTIMATES
Accounting estimates are an integral part of the financial
statements prepared by management and are based upon management's
current judgments. Those judgments are normally based on knowledge
and experience about past and current events and assumptions about
future events. Significant accounting estimates reflected in the
City's 1993 general purpose financial statements are normal and
were determined on a basis consistent with that used in the prior
year.
SIGNIFICANT AUDIT ADJUSTMENTS
We proposed no audit adjustment that, either individually or in the
aggregate, would have a significant effect on the City's financial
reporting process, in our judgment. All proposed audit
adjustments, whether recorded in the accounting records or not,
were reviewed with management.
DISAGREEMENTS WITH MANAGEMENT
We had no disagreements with management regarding the application
of accounting principles, the basis for management's judgments
about accounting estimates, the scope of our audit, disclosures to
be included in the financial statements or the wording of our
report on the 1993 general purpose financial statements.
CONSULTATION WITH MANAGEMENT
Management informed us that there were no consultations with other
independent public accountants regarding accounting or auditing
matters during 1993.
MAJOR ISSUES DISCUSSED WITH MANAGEMENT PRIOR TO RETENTION
We discussed no major accounting or auditing issues with management
in connection with our retention as the City's auditors in 1993.
DIFFICULTIES ENCOUNTERED IN PERFORMING THE AUDIT
We experienced no difficulties in dealing with management relating
to the performance of our audit. We received the full cooperation
of management and staff. We believe that we have direct and
unrestricted access to the City's management.
This report is intended solely for the information of the Mayor and
Members of the City Council and should not be used for any other
purpose.
We will be pleased to discuss this report with you further at your
convenience.
Bryan, Texas
January 29, 1994
INGRAM, WALLIS & COMPANY
A PROFESSIONAL CORPORA T!ON
Certified Public Accountants
2100 Villa Maria, Suite 100
BRYAN, TEXAS 77802
James D. Ingram, III
Thomas A. Wallis
TELEPHONE
(409) 776-2600
TELECOPIER Agnes L. Bennett
Judith W. Childs
James D. Ingram, IV
Richard L. Webb
Sharon L. Pechal
Wendi M. Stratta
Pu-Yu (Peggy) Wang
Joan M. Voneiff
Diane E. Kruse
(409) 774-7759
Mayor Larry Ringer,
Members of City Council and City Manager
of the City of College Station, Texas
In planning and performing our audit of the general-purpose
financial statements of the City of College Station ("City") for
the year ended September 30, 1993, we considered its internal
control structure in order to determine our auditing procedures for
the purpose of expressing our opinion on the financial statements
and not to provide assurance on the internal control structure.
However, we noted certain matters involving the internal control
structure and its operation that we consider to be reportable
conditions under standards established by the American Institute of
Certified Public Accountants. Reportable conditions involve
matters coming to our attention relating to significant
deficiencies in the design or operation of the internal control
structure that, in our judgment, could adversely affect the City's
ability to record, process, summarize and report financial data
consistent with the assertions of management in the general-purpose
financial statements.
In testing cash receipts, we noted that some City departments are
holding deposits for more than one day before forwarding them to
the accounting department. In some departments, large dollar
amounts are being accumulated in facilities which do not provide
adequate safeguards over assets. All departments should be made
aware of the City's cash receipts policy which requires all
receipts to be deposited on a daily basis.
In testing cash receipts at municipal court, it was noted that
several deposits did not agree to supporting documentation.
Computer system problems have resulted in the need for manual
adjustments to be made to receipt records. No support is
maintained to verify manual adjustments and, in most cases, manual
adjustments are not shown on receipt records. We recommend that
manual adjustments be adequately documented.
During our testing of controls over cash disbursements, we noted
that the utility billing department prepares and mails utility
deposit refund checks independent of the accounting department. No
segregation of duties exist in the utility billing department for
handling these checks. To provide for segregation of duties, all
checks should be written through the accounting department and
subject to the cash disbursements procedures in place.
In reviewing utility accounts receivable, it was noted that the
receivable balance per utility billing did not agree with the
receivable balance in accounting. Utility billing uses a separate
computer system from that used by accounting. The utility billing
department is unable to reconcile between the system generated
accounts receivable balance and what they believe to be the correct
balance. The accounting department receives information from
utility billing regarding billings, daily deposits and adjustments.
When posted by the accounting department, a different accounts
receivable balance is generated which is not reconciled to that in
the utility billing department. Accounting receives a summary of
daily deposits and posts the total to the electric fund. An
adjustment is made at month end to distribute the receipts to the
other funds. We recommend that the accounting department obtain a
detail of deposits from the utility billing system to aid in
posting receipts and in reconciling balances. The utility billing
system should be reviewed as to why the accounts receivable balance
does not roll forward from month to month. Integration of the
systems should be considered as part of an overall plan to
eliminate the duplication of effort and to provide for ease of
monthly reconciliations.
As noted in the prior year, the City maintains detail property
records for the Utility and Sanitation Funds but not for the
General Fixed Asset Group of Accounts. Additions and retirements
are recorded in the detail records on an annual basis only. The
City should plan and work toward performing a complete physical
inventory of fixed assets and should hire or train a fixed asset
accountant whose duties would include updating the detail records
for property additions, obtaining information from auctions for
retirements and reconciling the detail with the accounting records
on a regular basis.
While reviewing expenditures, we noted that some non-qualifying
expenditures were incorrectly recorded and included in the request
for funds from the Department of Housing and Urban Development
{HUD). We recommend that procedures be implemented to ensure a
monthly review of expenditures to ensure that only qualifying
expenditures are submitted to HUD.
A material weakness is a reportable condition in which the design
or operation of one or more of the internal control structure
elements does not reduce to a relatively low level the risk that
errors or irregularities in amounts that would be material in
relation to the financial statements being audited may occur and
not be detected within a timely period by employees in the normal
course of performing their assigned functions.
Our consideration of the internal control structure would not
necessarily disclose all matters in the internal control structure
that might be reportable conditions and, accordingly, would not
necessarily disclose all reportable conditions that are also
considered to be material weaknesses as defined above. However,
none of the reportable conditions described above is believed to be
a material weakness.
This report is intended solely for the information and use of the
City Council and management and should not be used for any other
purpose.
We would like to express our appreciation to you and your staff for
the cooperation extended to us during our audit.
We shall be pleased to discuss the matters contained in this letter
at your convenience.
Bryan, Texas
January 29, 1994