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Home My WebLink AboutCity of Conroe - Public Financial Report r r�_tt �r r3 � 2 Oit S2MA I N. rknr; - r+` d �/P1 _ 2_o_ ;;�;7 i �4 k.' • -v ..,m iii r — 4, . I Y ' c 1i Ri _� ® - '.-• ', ti i • TM+ j 1111111 as \ _. I, ., •1., „ i 6 N r -,r -1 -- -.i.,, ,� may.— _ CONROE BY r . 1aF`P,, - THE NUMBERS = , , . . Iv �.• .• I � THR� : ;� 1 dNP �PA 5 NYS1cpR M • FYF September 30, 2021 l� ;� flONE SO Popular Annual Financial Report & , + City Update i iik_ :._ 4 Conroe, Texas , & L v l 4 ` ..'t c Conroe Unite,' ' 1 I i ...„ i \ 1 , V ir, t 4..16i - 1 iel. }Ii to: , *.,vier',. ..; 1 ".`'. J " 111 � ;, r ...--- ..... ,.e•mtL c _ _ ., 1 �_ �. 1116, — , '� Corse A ».. Park Ni'nh + : - Table of Contents 01. Table of Contents 02. Organization Chart 03. Welcome 04. Mayor and City Council Members 05. Parks & Recreation I Conroe Visitors Bureau 06. Police Department I Fire Department 07. Conroe Connection I Building Inspections & Permits 08. Capital Improvements Projects I Engineering 09. Community Development I Economic Development 10. Public Works I Important Numbers 11. Finance Recognitions & Awards 12. Glossary of Financial Terms 13. Financial Position Statement 14. Assets & Liabilities 15. Financial Statement of Activities 16. Revenues 18. Expenses 20. Top Ten LONE STAR IA-we 1 . Our City TV C011111iunitij Radio Suddenlink Channel 12 irlonestar.com/Conroe's FM 104.5&106.1 CityofConroe.org/OurCityTV www.CityofConroe.org/FinancialTransparency Page 1 City of Conroe, Texas Organization Chart . Citizens of Conroe ‘ - / / I - 7 . * Mayor&Council Municipal Judge n 4..4 Elected) .4 Elected) '< . i i 0 n Cit Legal Administrator City Secretary O r D Gary Scott ,"1 Paul Virgadamo) Soco Gorjonl . r . . . r . i p ' Exec.Director of Director of Assistant City Director of Director of Director of Capital Director of Convention& —I Economic Community Police Chief I Administrator/ Parks& Fire Chief Human ip Projects/Transportation Public Works Visitors Bureau Development I Development ` r , I CFO Recreation Resources T1 Danielle Scheiner) � Nancy Mikeska) '.--) Jeff Christy) �—( Tommy Woolley R Norman McGuire) .4 Shannon Overby) '{ Steve Williams L_( Mike Riggens) '_(Ken Kreger) �--(Andre Houser) D v D ( CIDC Admin/ " l Streeter Asst.Director of n Community Asst.Director of Economic Trans ortation /Draina e/Sin Internal Aquatic Center Fire Marshall p� Development Support p g g Finance Development i Maintenance Services L J I � i i i i v D CDBG 1 ( Pum & , r Purchasin OscarJohnson� Prevention&` v Patrol Engineering Motor/Signal Finance g Jr.Community pp Administration Maintenance Warehouse Center Suppression D / / i / —,[ ) / / / n Building Code Investigative Inspections Water AccountingFleet Services Parks Enforcement Services Permits 1 Operations v H� i p i / J J i Lo (D Capital 1 C.K.Ra Information Animal Services Improvement Sewer Utility Billing Recreation N • p y Program Technology-GIS Center - i4 _J i Commercial 4 Wastewater Vehicle Facilites �� Municipal Court Senior Center Enforcement Treatment Plantj Management / i i . Internal Auditor L . / Welcome On behalf of our elected officials and dedicated city employees, I am pleased to present to you the City of Conroe by the Numbers FY 2021 Popular Annual Financial Report & City Update. The City of Conroe has experienced many positive accomplishments during the past year as well as tremendoowth and development. The Annual Report is, our opportunity to highlight those strengths,us achievementsgr and successes. Through the Council's strategic direction, and our staff's steadfast dedication to excellence, we have again exceeded expectations. The Popular Annual Financial Report (PAFR) is prepared using financial information taken from Paul Virgadamo, Jr. the 2021 Annual Comprehensive Financial Report City Administrator (ACFR). The ACFR includes full financial statements and note disclosures prepared in accordance with Generally Accept- ed Accounting Principles (GAAP). The PAFR condenses and simplifies informa- tion in the ACFR and is not intended to replace the ACFR. Information in the PAFR is unaudited and is not prepared in accordance with GAAP, due to its con- densed and simplified presentation. Those seeking a deeper understanding of the City's finances are encouraged to review a copy of the City's ACFR, which is available on the City's website at www.cityofconroe.org/FinancialTransparency. Thanks to the City Council's leadership and the determination of our employees, the City's financial standing is strong and businesses and developments contin- ue to move to Conroe, bringing more job opportunities for its citizens. The City continues to move forward with more investments in infrastructure, including our streets, water and sewer systems, as well as parks, community centers, new restaurants, retail shops, residential projects and commercial buildings. The City also remains committed to supporting the arts, culture, public health, public transportation and local businesses. These local businesses, artists, musicians, events and venues are what make us such a unique community and our City a great destination for tourists. In that spirit, we invite you to come see us at City Hall or the new Conroe Municipal Center home to the Utility Billing Office, Fire Administration, Fire Marshal, Engineering, Building Inspections & Permits, and Capital Improvement Projects Offices. Or visit the City of Conroe website (www.cityofconroe.org) and let us know how we may serve you. www.CityofConroe.org/FinancialTransparency I Page 3 "141. Waft It' C n. �� .� •• 4• ! 1 t 4. • .• + ri" �� Mr) 41' .!-�4 ` '' V.-A IL; llgrl t Iby - '• ` _ At • , 1. 1#.•)y .' yy 1• iwt" '''' '1. • . + y 1 I Mayor and City Council Members �. .I• ` di• It E. A r._ _ ,. ,,, iip .. 11 • 1 4, Jody Czajkoski Todd Yancey Curt Maddux Mayor Councilman Place 1 Councilman Place 2 7 _ ' ,�� t '‘, \ '1 1 II \. '• \V id A fl \NO / • \. , . . • r -‘ i 1 r` Duke Coon Raymond McDonald Marsha Porter Councilman Place 3 Councilman Place 4 Councilwoman Place 5 Mission Statement "To protect and serve the citizens of Conroe and exceed their expectations" www.CityofConroe.org/FinancialTransparency I Page 4 IP ., �141111 . � �r�� _ �m . rrr . di; .nm.nnam,n ue . ill 4-;,:e1 1 a r IrM' , :k ,.....rile y ._ . 15\ ... 0— 1 ,__ e fJ_ Parks and Recreation IP- 20 Parks are at your service in Conroe 18 Park Pavilions 6.6 Miles of Trails in Conroe's Parks 19 Playgrounds 660 Acres of Parkland Maintained 2 Disc Golf Courses 50 Senior Center Average Daily Attendance 2 Dog Parks 4 Sand Volleyball Courts 8 Tennis Courts 3,277 Learned how to Swim 1 Skate Park 5 Indoor Community Centers 1 Splash Pad 13 Baseball/Softball Diamonds 12 Soccer/Football Fields 60,983 Membership scans at the C.K. Ray Recreation Center 32,735 Hours of Reserved Athletic Field Usage 490 Children per day average attend the After School Recreation Program 6,314 Hours of Reserved Pavilions and Special Use Facilities - 4,k‘ 7,000 Attended the Toby Powell Conroe Christmas Celebration f 250 Summer Day Camp Average Daily Attendance 17 Outdoor Courts Available for Pickleball C i, --Y Conroe Visitors Bureau Conroe is a delightful blend of nature, history, the arts and recreation nestled in the beau- tiful Piney Woods of east Texas. With so many places to see and so many things to do, you'll find that the hardest part is deciding which activity to do first. Conroe is bordered by 22,000-acre Lake Conroe, Sam Houston National Forest, and W. Goodrich Jones State Forest making for a veritable Utopia for the outdoor lover in us all. Adventure awaits you! $100,000 awarded in Events Grants 22 groups hosted representing over 46,570 attendees, 6,657 room nights, and over $3 million in visitor spending 120,300 unique visitors to our website www.VisitConroe.com 25,875 followers on social media 30,000+ attendees to the October 2021 Catfish Festival (Conroe's largest annual event) www.CityofConroe.org/FinancialTransparency I Page 5 IF Iiiir a5 V 1 4► I. w; _ ' j ',*�'SS'::.• ''it .r le,a�:40 '' ,. .-1.... '• see i . . Z :s {. '. G.�.-- - ~� .� • '1! y^ k:y t� '.fit..,,,,0 '.'$. :. ..,4r % .11i. �\ �O N E - %sit• - - ,--1-,„,• r /�G,,�.. \�w 4 - ' 2n' v CONROE POUCE .. Police Department ` The Conroe Police Department is authorized 155 sworn officers, 46 civilian employees, and receives assistance from numerous civilian volunteers. All are committed men and women dedicated to creating a safer environment and providing quality service to the 96,000 plus citizens of Conroe and the thousands of people that visit our city daily. 5:51 Average Response Time 86,600 Calls for serviceCONROE - , 1• 1 TRAINING LF CILIT AW EN RGEM ENT 13,518 Offense Reports 2,640 Cases Assigned ..._ 1 1 _.: 1,699 Cases Closed ---_- ' i 4,695 Arrests --- __oil 3,036 Motor Vehicle Accidents 'I1 r.iai N w - 23,623 Traffic Stops i = s tr �+ ipill .r i V 1 1;•.-.:\ .tee ' F J -`ti .' . :1 ,iV.,A _ w" r • , '.' ` • ,' `A,.;1• err OF CONROE Y. ,r I. iv.', f, �, { fc - yILif •Y.�� r •rT Fire Department 9,526 Total Calls for Service 389 Total Fires 'P0' 50 Fires Investigated by Fire Marshal's Office �- 5:35 Average Response Time r 0 1,695 Commercial Inspections __ coo, r 11,633 Children/Adults Reached By Public Education .�* .< / I f79E� 2 ISO Rating is the City's Fire Classification on a Al Scale of 1 to 10 with 1 Being the Highest Rating `"'`'- �' www.CityofConroe.org/FinancialTransparency I Page 6 C CI.EY! M c 0 r_ 14.Mrin ConroeConnection.org Conroe Connection 9 - 21 Passenger Buses 2 - ADA Para Transit Mini Vans CONROE 109 - Bus Stops (19 Shelters & 25 benches) CONNECTI N 26,333 - Trips Provided to Transit Riders 131,672 - Total Revenue Miles $ 835,199 - In Recovered Grant Reimbursements for Annual Operating Expenses $ 30,278 - In Capital Reimbursements Recovered 1 - 55 Passenger buses // CONROE 36 - Bus Stops COMMU T E R 32,119 - Trips Provided to Transit Riders CD NNECT1CTN 22,795 - Total Revenue Miles $ 206,521 - In Recovered Grant Reimbursement for Operating Expenses Building Inspections & Permits 69,974 - Total Building Inspection - 58,110 New - 14,864 Re-inspections - 6,310 Sets of Plans Reviewed 24,501 - Total Permits .'. . - 3,249 Residential . - 2,647 New Home Starts (Single Family) _ - 662 Commercial - 101 Certificates of Occupancy without building - 3,774 Electrical Permits - 4,043 Plumbing Permits - 2,843 Mechanical Permits - 1,646 Irrigation Permits - 201 Pools www.CityofConroe.org/FinancialTransparency I Page 7 Capital Improvements Projects Design Numbers: 37 In house Design Projects 61 Consultants/contracts 420 Payments Processed ($5,440,434) - - 10 Contract Adjustments Processed 220 Design Meetings Attended ea- - 58 Property Acquisition Processed 17 Contract Prepared - - 606 Plan Reviews construction Numbers: 17 Projects Bid for Construction ($20,674,041) x 32 Projects Under Construction ' - 560 Submittals Reviewed & Processed -- - . 61 Change Orders Reviewed & Processed 164 RFI Reviewed & Processed 204 Payments Reviewed & Processed ($56,775,191) 32 Construction Projects Finalized 16,500 Inspections Preformed Engineering Development Coordination: Development Inspections: 181 Pre Development Meetings 220 Total Project Count at Present 182 Platting Items - 105 Public Projects 606 Sets of Plans Reviewed - 98 Commercial Projects 143 New developments - 10 Private Projects 340 Requests for Certificates of 2,567 Driveway Permits Compliance Processed 4,739 Site Inspections Per Month 36 Utility Availability Letters Created 134 Total Projects Completed 86 FEMA Floodplain Maps Created for Citizens 33 TXDOT UIR Permits Processed 35 Streetlight Installation Requests Processed 58 Initial Certification/Final Certification 38 Traffic Committee Meetings www.CityofConroe.org/FinancialTransparency I Page 8 Community Development Planning & Annexation Division: - 75.8 Total Square Miles in the City - 275.09 Total Acres Annexed into the City - 325.7 Total Sq. Miles in Conroe's Extra-territorial Jurisdiction (ETJ) - 36 Subdivisions added creating 2 or more lots - 23 Subdivisions creating 25 or more lots Code Enforcement Division: - 700 Citations Issued - 7,500 Code Inspections - 3,700 Notices Sent v. - 4,800 Number of Violations - 3,300 Number of Closed Cases Community Development Block Grant: _k - $1,200,528 CDBG Funds Spent on Low-Income Housing - 7 Total Number of Houses Currently Under Construction - $12,000 Total Cost of Community Clean-Up Project - 139 Tons of Trash and Debris Removed 2040 Comprehensive Plan Completed - Find the Plan at www.cityofconroe.org under Community Development Economic Development The mission of the economic development division is to enhance the strength and stability of the greater Conroe economy through the support of existing industry and the attraction of manufacturing and service sector business (basic industries) which bring new capital and employment opportunities into the community. 1,655 Acres in Conroe Park North Industrial Park 4,264 Businesses Located in Conroe 41,379 Employed in Conroe 3,200 Expected Future Student Capacity at Lone Star College - Conroe Center $64,744 Median Yearly Household Income for Workers in Conroe 47,694 Labor Force in the City of Conroe 3.72% Job Growth Rate Since 2014 1,346 Acres Encompassed by the Conroe-North Houston Regional Airport 248 Acres in the Deison Technology Park 94,096 Conroe Population www.CityofConroe.org/FinancialTransparency I Page 9 !1 . i 11. ,. _ i . olmp , 4,,,, ._,... „. ,, . ,,: V , , ..... 1 Fr ar A ' Q: a` T �1: I y 1 �.ink �_ , 4,e,, :,._!ndr„ Public Works v 145 Water Taps 186,542 Feet of Sewer Main Cleaned 43 Sewer Taps 720 Potholes/Utility Cuts Repaired 10 Large Meter Repairs (2" and larger) 297 Signs Manufactured 1,279 Water Leaks Repaired 4,510 Acres of Right-of-Way Mowed 1,100 Water Samples Taken 8 Miles of Drainage Ditches Cleaned 470 Water Lines Flushed 3.2 Billion Gallons Wastewater Treated 4.3 Billion Gallons of Water Produced 373 Traffic Signal Repairs 311 Fire Hydrants Received Maintenance 12,770 Work Orders Issued Important Numbers Administrative Department: 936-522-3001 City Secretary: 936-522-3010 Community Development: 936-522-3600 Conroe Convention & Visitors Bureau: 936-522-3500 Greater Conroe Economic Development Council: 936-538-7118 Finance: 936-522-3040 Fire Department: 936-522-3080 Human Resources: 936-522-3150 Legal Department: 936-522-3030 Municipal Court: 936-522-3380 Parks & Recreation: Administration Office: 936-522-3842 C.K. Ray Recreation Center: 936-522-3900 Conroe Aquatic Center: 936-522-3930 Oscar Johnson, Jr. Community Center: 936-522-3960 Police Department: 936-522-3200 Public Works: 936-522-3885 www.CityofConroe.org/FinancialTransparency I Page 10 .: - -. Finance Recognitions & Awards GO The Government Finance Officers Association of the United States and Canada (GFOA) presented an award of Distinguished Presentation to the City of Conroe for its annual budget for the fiscal year beginning October 1, 2020. Distinguished In order to receive this award, a governmental unit must publish a budget Bud et document that meets program criteria as a policy document, as an opera- Award tions guide, as a financial plan, and as a communication device. The Government Finance Officers Association of the United States and GO Canada (GFOA) presented an award for outstanding achievement to the City of Conroe for its Popular Annual Financial Report (PAFR) for the fiscal year ended September 30, 2020. iuihu ,>> III I\ \I)Il1 The PAFR is specifically designed to make information extracted from the comprehensive annual financial report to be readily accessible and easily Popular Annual understandable to the general public and other interested parties without Financial Reporting a background in public finance. G 0 The Government Finance Officers Association of the United States and Canada (GFOA) presented a Certificate of Achievement for Excellence in Financial Reporting to the City of Conroe for its Annual Comprehensive Financial Report (ACFR) for the fiscal year ended September 30, 2020. Certificate The ACFR is specifically designed to make information readily accessible °Achi• evement and easily understandable to the general public and other interested parties without a background in public finance in the spirit of FinuncalReporting transparency and full disclosure. General Obligation Bond Rating Water & Sewer System Bond Rating Aai AA+ Aa3 AA MOODY'S STANDARD MOODY'S STANDARD &POOR'S &POOR'S www.CityofConroe.org/FinancialTransparency I Page 11 Glossary of Financial Terms Accrual Basis of Accounting is a method of accounting that recognizes the financial effect of transactions, events, and interfund activities when they occur, regardless of the timing of the related cash flows. Current Assets are available or can be made readily available to finance current opera- tions or to pay current liabilities. Current assets include those which will be used up or converted into cash within one year. Some examples are cash, investments, taxes receiv- able, prepaid items, and inventories. Capital Assets include land, improvements to land, easements, construction in progress, buildings, building improvements, vehicles, machinery, equipment, infrastructure, and all other tangible or intangible assets that are used in operations and that have initial useful lives extending beyond a single reporting period. Deferred Outflows of Resources represent a consumption of net positions that applies to a future period(s) and will not be recognized as an outflow of resources (expense) until then. Deferred outflows consist of deferred charges on debt refundings, pension contribu- tions after the measurement date, pension activity, OPEB contributions after the measure- ment date, and OPEB activity. A deferred charge on refunding results from the difference in the carrying value of refunded debt and its reacquisition price. The amount is deferred and amortized over the shorter of the life of the refunded (old) debt or refunding (new) debt. The pension contributions after the measurement date are deferred and recognized in the following fiscal year. The pension activity is amortized over a 30 year period. Current Liabilities are expected to be paid to vendors or employees from current finan- cial resources within one year. Also included are unearned revenue and accrued interest. Long Term Liabilities are liabilities with a future benefit over one year, including bonds, capital leases, notes payable, health claims liability, Other Post-Employment Benefits ("OPEB"), net pension liability, severance payable, and compensated absences. Deferred Inflows of Resources represent an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. Deferred inflows consist of pension activities related to the difference in expect- ed and actual pension experience and OPEB activities related to the difference in expected and actual experience. Net Investment in Capital Assets represents the City's investment in its capital assets less accumulated depreciation and any outstanding debt due to the acquisition, construc- tion, or improvement of capital assets. Restricted Net Position is restricted by constraints imposed from outside the City for debt obligations. Unrestricted Net Position represents the portion available to meet the ongoing obliga- tions of the City. www.CityofConroe.org/FinancialTransparency I Page 12 • .. , ,,- •- „... - ..,:, .„.. „ •, ,,,,,„:.,, ,,_... . _,, ie. t-- �. ., .. to . .: : .. •-2 .. :.wry„,,,. . .. . ..44 %, , . ; . - _ •„.. ,.,..1,-,,,,-,-, , , . : , ., - ,-, _,.,, .,,,,,_ , . , . . ., . i , k [ ` i,! ,,,,„,,,,,,.......„ .__ -.____ _ ........„. inancial Position Statement ` The City of Conroe Statement of Net Position presents the financial condition of the City at a specific point in time (in this case as of the end of the City's fiscal years, September 30, 2021 and September 30, 2020). The financial information in the City of Conroe's Statement of Net Position and Statement of Activities is derived from information presented in the City of Conroe's Annual Comprehen- sive Financial Report (`ACFR") for 2021. The ACFR is lengthy and somewhat complex. However, it is available on the City's webpage, which can be accessed at www.CityofConroe.org/FinancialTransparency. The condensed statements presented herein do not include the detail presented in the ACFR including footnotes required for full disclo- sure. In addition, the statements do not include information related to the City's discrete component units (separate legal entities whose financial information is provided in the ACFR separately from the City's financial information). Statement of Net Position (Accrual Basis of Accounting) 2021 2020 2019 Current Assets $ 404,333,581 $ 248,951,413 $ 251,428,905 Capital Assets, Net 588,584,533 511,972,232 427,314,702 Total Assets 992,918,114 760,923,645 678,743,607 Deferred Outflows of Resources 36,321,510 33,661,680 41,963,167 Current Liabilities 41,765,834 37,428,207 24,146,246 Long Term Liabilities 703,428,053 519,263,077 502,013,703 Total Liabilities 745,193,887 556,691,284 526,159,949 Deferred Inflows of Resources 25,191,027 17,530,286 4,835,043 Net Position: Net Investment in Capital Assets 148,883,060 202,876,979 172,158,721 Restricted 52,795,530 22,817,945 22,474,860 Unrestricted 57,176,120 (5,331,169) (4,921,799) Total Net Position $ 258,854,710 $ 220,363,755 $ 189,711,782 Fiduciary funds are excluded. Readers of the Financial Position Statement and the Financial Activity Statement should keep in mind that these statements are presented on a non-GAAP basis. Non-GAAP means that the statements do not comply with generally accepted accounting principles. The statements include summarizations and combinations of accounting data that would not be allowed by GAAP. www.CityofConroe.org/FinancialTransparency I Page 13 Capital Assets The City's capital assets include land and easements, construction in progress, buildings and improvements, machinery and equipment, and infrastructure. Some major capital asset projects include: Westside Recreation Center, a new Oscar Johnson, Jr. Community Center, various road rehabilitation projects, and a new wastewater treatment plant. Capital Assets as of September 30, 2021 Infrastructure 60% Machinery and Equipment 6% Land and Buildings and Easements Improvements 4% 14% Construction in Progress 16% Long-Term Liabilities The City's long-term liabilities consists of bonds payable (reported net of premiums), net OPEB liability, net pension liabilities, severance payable, compensated absences, and other (including: customer deposits, notes payable, health claims liability). Long-Term Liabilities as of September 30, 2021 Bonds Payable, net 87% Net Pension Liabilities 9% Severance Payable 0% Net OPEB Liability 2% Other 0% Compensated Absences 2% www.CityofConroe.org/FinancialTransparency I Page 14 ` 0311111/ s-j f. / 4rer; . _ _ 4 - _ r ,-.r I s % - Financial Statement of Activities F ' L.- :- Statement of Activities (Accrual Basis of Accounting) 2021 2020 2019 Program Revenues Charges for Services $ 64,431,049 $ 56,723,968 $ 49,693,700 Operating Grants and Contributions 7,021,742 8,046,640 6,708,975 Capital Grants and Contributions 6,354,990 18,434,598 9,060,037 General Revenues Property Taxes 41,901,102 39,862,977 34,613,130 In Lieu of Taxes 1,374,709 903,574 883,162 Franchise Fees 7,302,034 7,084,662 7,068,208 Sales and Other Taxes 57,584,688 38,350,177 36,091,913 Hotel Occupancy Taxes 2,239,048 1,659,596 1,339,915 Mixed Beverage Taxes 392,212 267,394 317,139 Miscellaneous 2,151,498 6,203,730 4,705,867 Donations 87,534 96,161 241,688 Grants & Contributions Not Restricted to Specific Programs 1,887,201 1,805,039 1,777,610 Investment Earnings 551,708 2,650,147 5,040,049 Net Change in Fair Value of Investments (345,589) 123,374 249,177 Total Revenues $ 192,933,926 $ 182,212,037 $ 157,790,570 Expenses by Function/Program Governmenal Activities General Government $ 22,700,578 $ 19,180,987 $ 19,049,426 Finance 2,519,717 2,619,660 2,081,717 Public Safety 49,836,592 48,497,670 43,724,780 Community Development 1,801,642 245,320 2,879,575 Industrial Development 7,506,186 - - Parks 10,178,552 7,940,701 8,973,409 Public Works 25,109,329 21,907,217 19,615,191 Debt Service: Interest and Fiscal Charges 12,044,629 6,793,511 6,694,721 Business-Type Activities Water and Sewer 47,540,213 44,203,584 44,861,241 Total Expenses $ 179,237,438 $ 151,388,650 $ 147,880,060 Change in Net Position $ 13,696,488 $ 30,823,387 $ 9,910,510 www.CityofConroe.org/FinancialTransparency I Page 15 I- rill;Pidimiliww...: . y• 4 • Mr • �• 1;1', • . I'go- ', p • laiti.al- -' -3-7-iiiitymosi:41-:-Ter..-- .%-44. . - -I. -. figkitailaa i' ll ''AAN6it -: Revenues Program revenues are derived from the program itself and reduce the cost of the function to the City. Total program revenues were $77,807,781 or 40% of total revenues, which decreased $5,397,425 compared to the prior year. The largest portion of program revenues is Charges for Services of $64,431,049, which is 33% of total revenues. Of that amount, $12,592,785 is from governmental activities, which includes fees collected by Municipal Court, Police, Parks, and Public Works departments. The business-type Charges for Services of $51,838,264 are derived from water and sewer charges. The other portions of program revenues are Operating Grants and Contributions of $7,021,742 (4%) and Capital Grants and Contributions of $6,354,990 (3%). General revenues are revenues that cannot be assigned to a specific function. They consist of Sales and Other Taxes of $57,584,688, one of the largest revenue sources for governmental activities and 30% of total revenues. Property Taxes of $41,901,102 or 22% of total revenues, which is a $2.04M increase from prior year Property Taxes of $39,862,977, primarily due to increases in appraised values. Franchise Fees of $7,302,034 (4%), Miscellaneous revenues of $2,151,498 (1%), Grants and Contributions Not Restricted to Specific Programs of $1,887,201 (1%), Hotel Occupancy Taxes of $2,239,048 (1%), In Lieu of Taxes of $1,374,709 (1%), and Investment Earnings of $551,708 (less than 1%). The remaining revenue categories are a combined less than 1% of total revenues: Mixed Beverage Taxes of $392,212, Donations of $87,534, and Net Change in Fair Value of Investments of negative $345,589. Program Revenues and Expenses - Governmental Activities $50 0 ,'--" $45 0 $40 0 $35 0 c $30 0 $25 0 11 $20 • $15 0 $10 $5 c...i..... ....epi ....0 ill JOIN+ ---IiL General Finance Public Safety Community Industrial Parks Public Works Interest and Government Development Development Fiscal Charges U Program Revenues o Expenses] www.CityofConroe.org/FinancialTransparency I Page 16 REVENUES BY SOURCE Sales and Other Taxes,30% Charges for Services,33% Property Taxes, 22% Franchise Fees,4% r _ Unrestricted Grants and Contributions, 1% Mixed Beverage Taxes, Donations, and Other,0% / ° Operating Grants and Miscellaneous, 1/° Contributions,4% Capital Grants and Hotel Occupancy Taxes, 1% Contributions, 3% Investment Earnings,0% In Lieu of Taxes, 1% Sales Tax Revenues (in millions) $60 $57.58 $50 711 $40 $30 -$20 $10 I $- 2017 2018 2019 2020 2021 Assessed Property Valuation (in billions) $10 $9 $8 $7 J1 2 $6 $5 $4 $3 $2 $1 I 2017 2018 2019 2020 2021 www.CityofConroe.org/FinancialTransparency I Page 17 • 4 9 4 A la NO * . lilh 4116 , \ #11. gm ),„*.;: t- 4 „, ilk illIV- Expenses General Government expenses include the costs of Administration, Legal, Municipal Courts, Warehouse/Purchasing, Information Technology, and Human Resources. This func- tion expenses were $22,700,578 or 13% of total expenses. The expenses can be primarily attributed to salaries. Finance expenses include the costs of administering the City's business through account- ing, bill paying, investing funds, auditing, and adopting a budget. This function had expenses of $2,519,717 or 1%. Public Safety expenses are the cost for administering assistance through the Police De- partment and the Fire Department. Total expenses for this function were $49,836,592 or 28% of total expenses. The expenses can be primarily attributed to salaries (including benefits and overtime) and vehicle maintenance. Community Development are the expenses that provides assistance to ensure responsible development practices that respects the community's natural environment. Community Development had expenses of $1,801,642 or 1%. Industrial Development expenses related to promoting economic development within the City and vicinity. Industrial Development had expenses of $7,506,186 or 4%. Parks expenses are the costs of maintaining the City's parks and recreation areas, includ- ing the Recreation Center, the Aquatic Center, and the numerous athletic fields. Parks with expenses of $10,178,552 or 6%. Public Works expenses are for drainage maintenance, street maintenance, signal mainte- nance, and engineering. The Public Works function had expenses of $25,109,329 or 14% of total expenses. Interest and Fiscal Charges are primarily related to the issuance and repayment of City bonds. Current year expenses were $12,044,629 or 7%. Water and Sewer expenses are the costs related to providing water and sewer services to the general public on a continuing basis. The business-type activities function expenses were $47,540,213 or 26% of total expenses. 71 4 I ♦ ; • www.CityofConroe.org/FinancialTransparency I Page 18 EXPENSES BY FUNCTION General Government, Water and Sewer,26% 13% Public Works,14% Parks,6% Industrial Development,4% Public Safety,28% Interest and Fiscal Community Finance, 1% Charges, 7% Development, 1% Comparison of General Fund Revenues and Expenditures with Unrestricted Fund Balance $100 $45 $90 II $40 $80 1 $35 $70 ,i1 II I $30 $60 r C I $25 N $50 0 $40 $20 $30 ' III $15 $20 1 $10 $10 $5 $- iiiiimil iiimi $- 2017 2018 2019 2020 2021 o Revenues Expenditures Unassigned Fund Balance Population Growth to Outstanding Debt Per Capita $7,000 120,000 $6,000 100,000 $5,000 80,000 $4,000 60,000 $3,02,000 40,000 $ 00 $1,000 20,000 $- 0 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Per Capita 4N. Population www.CityofConroe.org/FinancialTransparency I Page 19 . �� ' r� ' ` w . r. . ,f, V. if f. s 1 is . ), , •i, wiftlki ig*-• ' A ik _Am,..L; 4 1 ' Top Ten Top Ten Area Employers Taxpayers AConroe Independent McKesson Corporation School District $154,689,005 5,218 Employees Montgomery County National Oilwell Varco 2,954 Employees DHT LP $127,297,910 HCA Houston Ball Metal Container Healthcare Conroe Corporation 1,021 Employees $126,812,460 4 City of Conroe 4 The Geo Group (including Part-Time) $105,371 870 846 Employees 5 National Oilwell Varco 5 I-45/Loop 336 (all Conroe locations) Associates LLC 687 Employees $73,296,540 6 Conte' (formally 6 Conroe Hospital Medivators, Inc.) Corporation 684 Employees $61,501,190 piWal-Mart Supercenter Wal-Mart Real Estate 500 Employees Bus. Trust $59,880,267 8 Consolidated 8 Massandra KV Communications Regency LLC 425 Employees $58,558,050 Ate- 9 Tri-County Behavioral Entergy Texas Inc. Healthcare I 382 Employees $56,591,180 10 Borden 10 'National Oilwell Varco 240 Employees LP/Brandt $46,972,480 Source:Greater Conroe Economic Development Council Source:Montgomery Central Appraisal District www.CityofConroe.org/FinancialTransparency I Page 20 i K 4111141 CITY OF CONROE