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CITY OF BUNKER HILL VILLAGE

CITY OF BUNKER HILL VILLAGE. STATE OF THE CITY FEBRUARY 2011. 2011 STATE OF THE CITY. FINANCIAL STATUS PUBLIC SAFETY WATER UTILITIES DRAINAGE CHALLENGES. FINANCIAL STATUS. 2011 FINANCIAL SUMMARY. 2010 TOTAL ASSESSED VALUE $ 1.3 BILLION 2010 TAX RATE $ 0.27 PER $100

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CITY OF BUNKER HILL VILLAGE

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  1. CITY OF BUNKER HILL VILLAGE

  2. CITY OF BUNKER HILL VILLAGE STATE OF THE CITY FEBRUARY 2011

  3. 2011 STATE OF THE CITY • FINANCIAL STATUS • PUBLIC SAFETY • WATER UTILITIES • DRAINAGE • CHALLENGES CITY OF BUNKER HILL VILLAGE

  4. FINANCIAL STATUS CITY OF BUNKER HILL VILLAGE

  5. 2011 FINANCIAL SUMMARY • 2010 TOTAL ASSESSED VALUE $1.3 BILLION • 2010 TAX RATE $0.27 PER $100 • 2010 TAX REVENUE $3.6 MILLION • 2009 TAX REVENUE $3.5 MILLION • NUMBER OF HOMES 1316 • NUMBER OF SCHOOLS 2 • NUMBER OF CLUBS/RETREATS 2 • NUMBER OF CHURCHES 4 CITY OF BUNKER HILL VILLAGE

  6. 2011 MAJOR BUDGETARY EXPENDITURES Capital Outlays $0.08 Million Commodities/Maint $0.3 Million City Personnel $0.3 Million VillageFire Dept $.9 Million CITY OF BUNKER HILL VILLAGE

  7. FINANCIAL STATUS • TOTAL ASSESSED VALUE FOR THE CITY • $1,318,183,655 • TOTAL BONDS OUTSTANDING • $11,550,000 • DEBT AS A PERCENTAGE OF TOTAL ASSESSED VALUE • <1% CITY OF BUNKER HILL VILLAGE

  8. 2011 STATE OF THE CITYFINANCIAL STATUS-CASH POSITIONS • GENERAL FUND $3.3 MILLION • METRO FUND $0.6 MILLION • DEBT SERVICE $1.2 MILLION • UTILITY FUND $0.8 MILLION • TOTAL CASH 01/01/11 $5.9 MILLION CITY OF BUNKER HILL VILLAGE

  9. PUBLIC SAFETY CITY OF BUNKER HILL VILLAGE

  10. PUBLIC SAFETY • MEMORIAL VILLAGES POLICE DEPARTMENT (MVPD) • SHARED EQUALLY BY 3 VILLAGES @33.3% • EXCELLENT RESPONSE TIME • LOW CRIME RATE • VERY EXPERIENCED AND PROFESSIONAL OFFICERS • HIGHLY QUALIFIED MANAGEMENT • TOTAL STAFF: 39 • ANNUAL BUDGET: $4,100,000 • BUNKER HILL VILLAGE PORTION: $1,400,000 CITY OF BUNKER HILL VILLAGE

  11. PUBLIC SAFETYMVPD CHALLENGES • TEXAS MUNICIPAL RETIREMENT SYSTEM (TMRS) • UNFUNDED LIABILITY: $3,040,423 • BUNKER HILL VILLAGE’S SHARE: $1,013,474 • COMMAND STAFF RETIREMENT • RETIREMENT – REPLACEMENT • EXPERIENCE VS. COST CITY OF BUNKER HILL VILLAGE

  12. PUBLIC SAFETY • VILLAGE FIRE DEPARTMENT (VFD) • SHARED PROPORTIONATELY BY 6 VILLAGES • BHV SHARE: 19% • ISO INSURANCE RATING OF 2 • GOOD RESPONSE TIME • EXCELLENT LEVEL 1 EMS SERVICE AND CARE • NEW PROFESSIONAL MANAGEMENT • TOTAL STAFF: 47 • ANNUAL BUDGET: $4,900,000 • BUNKER HILL VILLAGE PORTION: $923,374 CITY OF BUNKER HILL VILLAGE

  13. PUBLIC SAFETYVFD CHALLENGES • 2010 • NEW FIRE CHIEF • ELIMINATION OF ASSISTANT FIRE CHIEF POSITION • RETIREMENT OF 1 BATTALION CHIEF • TEXAS MUNICIPAL RETIREMENT SYSTEM (TMRS) • UNFUNDED LIABILITY: $2,644,452 • BUNKER HILL VILLAGE’S SHARE: $ 502,446 • GOOD SERVICE AT WHAT COST? CITY OF BUNKER HILL VILLAGE

  14. WATER UTILITIES CITY OF BUNKER HILL VILLAGE

  15. City of Bunker Hill Village Surface Water $78,590 Surface Water $66,461 Surface Water $82,026 Surface Water $130,906 Surface Water $251,753 Surface Water $375,711 Surface Water $443,500

  16. City of Bunker Hill VillageWATER SOURCES

  17. SURFACE WATER EXPENSE FROM THE CITY OF HOUSTON * * *2011 Costs Estimated Based on Contract Requirements for CPI Increases and Projected Consumption CITY OF BUNKER HILL VILLAGE

  18. drainage CITY OF BUNKER HILL VILLAGE

  19. DRAINAGE ISSUES SHOWN BY 04/28/2009 RAIN EVENT ISSUE SOLUTION Completed in 2010 . See 2011 Goals ………………………………………………………………….. See 2011 Goals • Carolane Trail • 151 Watershed • 146 Watershed CITY OF BUNKER HILL VILLAGE

  20. Taylorcrest Carolane Trail Complete Proposed Box System 151 Strey 146 Eastern Drainage Issues Memorial Drive Buffalo Bayou CITY OF BUNKER HILL VILLAGE

  21. East Side Drainage Taylorcrest Existing Drainage Path Flintdale Blalock 146 Potential Drainage Re-Route & Improvement CITY OF BUNKER HILL VILLAGE

  22. DRAINAGE • Issue Bonds in 2011 • Begin Drainage Improvements to HCFCD W151 (West Side Watershed) by the End of 2011 • Authorize Engineering Study of Solution to HCFCD W146 (East Side Watershed Issues) CITY OF BUNKER HILL VILLAGE

  23. CHALLENGES CITY OF BUNKER HILL VILLAGE

  24. SHORT TERM CHALLENGES • COST VS. SERVICE – MVPD • COST VS. SERVICE – VFD • WATER COST • DRAINAGE W151 / W146 • RECONSTRUCTION OF FROSTWOOD ELEMENTARY SCHOOL CITY OF BUNKER HILL VILLAGE

  25. LONG TERM CHALLENGES • TAXABLE VALUES • TAX EQUALIZATION • TEXAS MUNICIPAL RETIREMENT SYSTEMS (TMRS)– UNFUNDED LIABILITY CITY OF BUNKER HILL VILLAGE

  26. FEDERAL GOVERNMENT STATE GOVERNMENT CITY OF HOUSTON HARRIS COUNTY $0.638750 CITY OF BUNKER HILL VILLAGE $0.636561 $0.273040/$100 Valuation $1.3BillionTax Base TAX PAYERS CITY OF BUNKER HILL VILLAGE

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