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FY 2022 Popular Annual Financial Report CITY OF WICHITA FALLS, TX.,.,,,,,,,,,,,..,,,,.,,, POPULAR ANNUAL FINANCIAL „,..,..„..,„ „.„ . i'....;:v4,-.'".77.-----'•" ''..--,e4)tY '":UN,,,',',''''':,-';‘,",' '•.'. ' •,‘ , '''''".,'' '',i:J•r":;"'"h",'C'tl'''''•','"" j •.,' •,,,,"' "..",•',",,,,,,,, ,•••• ' . • , • i, 1' i • '''''!II''."e". •• / 'P'' a. ''''''''''''''' ' ' •,•, I, k.Hki. i 'F' '' ,•• ,,,, 'gi••• ' • ,, ,, ., •,,. ,, • ,• r ' ' i 7 14e• 40'' '':' ,•'9'.' l$, . , a... . ' " '' ', '• ..' II 111111111L' ., •, ".• ''',.„':,:;'.r?'"' •'''' '''..'''' '''''''''''''I* ' 0 •'".•"."' . ,...... , ."• . , ••l•, ....J.1.4k............• • • ,• ,, •il)/C4ii'l f";1(5 TEXAS 8/ue_574..,,,-.tilden Opportun,Pes. 940-761-7462 (9 FOR THE FISCAL YEAR ENDED SEPTEMBER 30,2022 1300 SEVENTH ST.WICHITA FALLS,TX 76301 sofgal WWW.WI CH I TAFALLSTX.GOV In This Report A Message from the City Manager 3 City of Wichita Falls City Council 4 City Organization Chart 5 City Finance 6 About Wichita Falls 7 Happening Now Full Service Hotel & Conference Center 8 City Management of the Multi-Purpose Event Center 9 By the Numbers City Funds & Fund Types 10 Government Wide - Statement of Net Position FY 2021-22 12 Government Wide - Statement of Activities FY 2021-22 13 General Fund Budget to Actual Comparison 14 Fiscal Year 2023 Annual Operating Budget 16 A Message from the City Manager I am pleased to present to you the City of Wichita Falls, Popular Annual Financial Report for the fiscal year ended September 30, 2022. This report is designed to provide a summary view of the financial activities of the City. . This report compliments the City's other financial transparency offerings. . These offerings include the City's Fiscal Transparency Website, the City's Annual Operating Budget, Annual Comprehensive Financial Report, and the City's Budget in Brief. The City's Annual Comprehensive Financial Report is prepared by Management and audited by an outside audit firm on an annual basis. It is , then reviewed by the Government Finance Officers Association, which has repeatedly awarded the City with the organizations award for Excellence in Financial Reporting. The Annual Report includes detailed information on all of the City's funds and financial activities. The information in this report is drawn from the City of Wichita Falls Annual Comprehensive Financial Report for the fiscal year ended September 30, 2022, the City's Annual Operating Budget for FY 2023, and the City's Five-Year Capital Improvement Plan. The report is consistent with Generally Accepted Accounting Principles and reports information pertaining to the City's general fund, government wide financial statements, debt, and capital improvements. For more information on any of these topics, the reader is encouraged to visits the city's financial information available at www.wichitafallstx.gov. As stewards of public funds, management is proud to present this report and is hopeful that the report will provide further clarity and transparency for the reader. Respectfully, Darron Leiker City of Wichita Falls, City Manager oll t , u � _ , ,', 'AV,/ / / / 4 ifi III) ., ' f. Iti 1 p "tit +', Y _ __. i a ; , i City of Wichita Falls Memorial Auditorium 3 Wichita Falls City Council Stephen Santellana Mayor Bobby Whiteley At Michael Smith Larry Nelson Large & Mayor Pro Tern District 1 District 2 ►q of „.7 /r , „, Nil Jeff Browning Tim Brewer Steve Jackson District 3 District 4 District 5 4 CM, City Council • Municipal Court Judge City Manager City Attorney Assistant City Manager Assistant City Manager Parks & Recreation Strategic Planning • Water park/Golf Course • Development Services • Information Technology Property Administration • Building Maintenance Housing/Planning/Code • Public Works Department Human Resources Street Maintenance Employee Benefits • Engineering • Personnel • Sanitation Risk Management • Public Utilities Communications & Marketing Fire Department Convention & Visitors Bureau Fire Marshal Division • Public Information • Emergency Management Multi-Purpose Event Center • Operations Division Finance Department Safety & Training Accounting • Budgeting & Finance Police Department • Municipal Court Community Operations • Purchasing Public Safety Training Utility Collections Technical Services Aviation, Traffic & Transportation Investigation Operations • Airports Health Department Traffic Engineering Environmental Health Transportation Planning Laboratory Services Fleet Maintenance Animal Services Public Transportation Health/Nursing WIC Administration 5 City Finance The City budgets annually based on the City's fiscal year starting on October 15t and ending on September 30t". The process to create the budget begins in March and runs through budget adoption in September. There are many points in the process for the public and the City Council to engage with staff, VV��JJ GOVERNMENT CIA1IoN to provide insight, discuss needs, and provide strategic direction. The City has Distinguished earned the Distinguished Budget Award from the Government Finance Officers Budget Presentation Association of the United States and Canada for the past three years. Award City of Wichita Palls Texas Over 1,600 governments, including states, cities, counties, special districts, to.h„sa,v g school districts,and more have been recognized for transparency in budgeting. Octo„"0''202' To earn recognition, budget documents must meet program criteria and excel ip as a policy document, financial plan, operations guide, and communication tool. The City of Wichita Falls is dedicated to increasing fiscal transparency . The City participates in the Texas State Comptrollers Transparency Star program. The program recognizes government entities for going above and beyond in their transparency efforts. The program awards a total of 5 stars for entities that accomplish the following: • Open their books not only in their traditional finances, but also in the areas of contracts and procurement, economic development, public pensions, and debt obligations; and • Provide clear and meaningful financial information not only by posting financial documents, but also through summaries, visualizations, downloadable data, and other relevant information. .S.< arenc1,s40,, ��a�SParencysd� �a;( p"r noySe f 00ezt/onal Vvo'a �0btObliga',`°�� 4'61kPens`°�� This report contains the following information for the fiscal year ended 09.30.2022: • A condensed copy of the City's Government-wide financial statements • General Fund Budget to Actual Comparison The report contains the following information to the fiscal year beginning 10.01.2023: • Adopted Annual Operating Budget For additional details, the reader is encouraged to review the City's website at www.wichitafallstx.gov. 6 About Wichita Falls Wichita Falls is located about 15 miles south of the Oklahoma border, 115 miles northwest of Fort Worth,and 140 miles southwest of Oklahoma City. It is home to Sheppard Air Force Base, Midwestern State University (MSU), United Regional Healthcare System and the Museum of North Texas History. Wichita Falls boasts considerable cultural activities from the symphony to 'good old' Texas rodeos. The City prides itself on having something for everyone, including a wonderful twenty-mile-long trail system that winds through neighborhoods and along attractive streams for use by walkers, joggers, bicyclers and roller-skaters. In total the City's features 39 parks. Many of the City's parks include picnic shelters, playgrounds, nature trails, duck ponds, and more. Opportunities to participate in the arts exist throughout the City. Arts experiences include the Wichita Falls ballet troupe,the Museum of North Texas History, and many community theaters which feature everything from Shakespeare to rock concerts. The City hosts a renovated municipal golf course, college football and basketball teams, festivals and fairs. Unlike many other cities, Wichita Falls owns and operates a water park and multi- purpose event center.The City's water park, Castaway Cove offers families a change to swim and play throughout the summer season. The City also hosts a Multi-Purpose Event Center with convention facilities, a 10,000 seat arena, agriculture building, and the Memorial Auditorium. The greater Wichita Falls area has 185 manufacturing companies producing products for major automotive manufacturers, oil and gas production, construction, aircraft manufacturers, food service providers, water recreation, and more. —_. mod. hip dU./ / N --__� — /2 / AW �� 411111 I \ Cits�f Wichita Falls Recr A-- 4401 7 Full Service Hotel & Conference Center The City has teamed up with O'Reilly Hospitality Management to bring 2 new features to downtown. The project will build a privately funded full service hotel and a publicly funded conference center to the grounds of the City's Multi-Purpose Event Center. ..ww- 0 / lip �x Hotel Details: 200 Rooms Full- service - restaurant, bar/lounge, swimming pool AND fitness center CONFERENCE CENTER DETAILS: 94% privately financed 35,960 square feet "No Guarantee" of the City of Wichita Falls 14,725 square foot banquet room $2M 4B Sales Tax Corporation forgivable Financed by 4B Sales Tax Corporation loan No additional tax burden on Wichita Falls Taxpayers 10 YR Economic Impact Totals $67.4M 8 WIeHP A FALLS 14LF'I-F4FF4.91 E'EHT5 CENTER: City Management of the Multi-Purpose Event Center The city owns and operates a Multi-Purpose Event Center(MPEC).The Center includes the Kay Yeager Coliseum, the Ray Clymer Exhibit Hall,the J.S. Bridwell Agriculture Center and Memorial Auditorium. In October of 2021,the City resumed management of the MPEC facilities after the five-year agreement with a third-party management company expired. During that time, the City has made tremendous improvements to the facilities and will have held over 260 events through the end of FY 2022. In FY 2023, the budget includes a recommended for a one-time transfer from the General Fund's surplus fund balance of $2,689,000. The funds will be used for capital improvements to update and renovate Ray Clymer Exhibit Hall and to update the catering/concession areas.The funds will also be used to establish a Co-Promotional Show fund. riot MI I i 9 City Funds & Fund Types GOVERNMENTAL FUNDS These funds are used to account for the majority of the City's activities. Governmental fund financial statements are reported using an accounting method identified as the modified accrual basis of accounting,which measures cash and all other financial assets that can be readily converted to cash. The governmental funds focus on near- term inflows and outflows of expendable resources, as well as expendable resources available at the end of the fiscal year for future spending. Fund balance in governmental funds is represented by the Net Position. The General Fund is the general operating fund of the City. All general tax revenues and other receipts that are not allocated by law or contractual agreement to some other fund are accounted for in this fund. General operating costs, fixed charges, and capital improvement costs that are not paid through other funds are paid from the General Fund. Special Revenue Funds are used to account for and report the proceeds of specific revenue sources that are restricted or committed to expenditure for specific purposes other than debt service or capital projects. PROPRIETARY FUNDS When the City charges customers for services it provides, whether to outside customers or to other units within the City, the activities are generally reported in proprietary funds. The City of Wichita Falls maintains two different types of proprietary funds: enterprise funds and internal service funds. Proprietary funds are reported using the economic resources measurement focus and the accrual basis of accounting in the City's financial statements. The fund balance in a proprietary fund is, in accounting, referred to as 'working capital', it is the variance between current assets and current liabilities. This is because proprietary funds report long-term commitments not reported in the governmental funds. Enterprise funds are used to account for the City's water and sewer operations, sanitation collection and disposal services, regional and municipal airports,transit operations,storm water drainage improvements, Multi-purpose Event Center, golf course, and water park operations. Internal service funds are an accounting device used to report activities that provide supplies and services to other City programs, such as fleet maintenance, print shop services, information technology, and the employee benefit trust. Because these services benefit both governmental and business-type functions, they have been allocated between governmental and business-type activities in the government-wide financial statements. Enterprise funds are reported using the accrual basis of accounting and the economic resources measurement focus. ` ' it . rtM Trd _ i •' is e J `=. lth-rm.:‘,1: 14 _--- 4 10 City Funds & Fund Types GOVERNMENTAL FUNDS: General Fund Debt Service Fund Hotel/Motel Fund Community Development Fund Section 8 Housing Fund HOME Fund Transportation Planning grant Fund State Routine Airport Maint. Fund Community & Rural Health Fund TX Healthy Communities Infectious Disease Fund Tuberculosis Grant Immunization Grant Program Fund Comprehensive Cancer Control Program Fund WIC Fund Emergency Management Fund PROPRIETARY FUNDS: Water & Sewer Funds Sanitation Fund Regional Airport Fund Kickapoo Airport Fund Transit Fund Storm Water Fund Waterpark Fund Golf Course Fund Fleet Fund Information Technology Fund Duplicating Services Fund 11 Government-wide Financial Statements GOVERNMENT-WIDE FINANCIAL STATEMENTS The government-wide financial statements, include the statement of net position and the statement of activities. These statements are designed to provide readers with a broad overview of the city's finances in a manner similarly to a private-sector business. Both are prepared using the economic resources focus and the accrual basis of accounting, meaning that all current year's revenue and expenses are included regardless of when cash is received or paid. Statement of Net Position: The statement of net position presents information on all of the city's assets and liabilities, including capital assets and long-term obligations. The difference between the city's assets and deferred outflow, and liabilities and deferred inflows is reported as net position. Overtime, the increases or decreases in net position may serve as a useful indicator of the financial position of the city. To more accurately assess the overall financial condition of the city, the reader should also direct attention to any changes in the property tax base and the condition of the city's infrastructure. Statement of Activities: This statement presents information showing how the city's net position has changed during the most recent fiscal year. It focuses on both gross and net costs of government services and includes all current year revenues and expenses. These two statements divide the city's activities into three types: Governmental activities: Most of the city's basic services are reported here, including fire, police, parks, recreation, public works, public health, traffic, transportation, community development, planning, duplicating services, information technology, health insurance claims, the MPEC, Golf Course, and all general administration. Property tax, sales tax, franchise fees, and various grant programs make up the majority of these revenues. Business-type activities: Activities for which the city charges fees to customers to pay most or all of the cost of a service it provides are „„° reported as business-type activities. The city's business-type activities include water and wastewater treatment and distribution, solid waste collection and disposal, regional and municipal airports, transit ..../.1 �ic��fills system, storm water drainage improvements, fleet maintenance „ services and water park operations. Component units: There are five, legally separate entities, for which the F 1 city is financially accountable. These include the city's 3 tax increment .0 _ I r - , financing districts and the city's 2 sales tax corporations. i I The reader is encouraged to visit the City's website to obtain a full copy of the City's Annual t- 11` Comprehensive Financial Report which includes the full Government-wide Statement Iof Net Position and Government-wide Statement of Activities. These statements, in I conjuncture with the Notes to the Basic Financial Statements, will provide the reader i 1 with an overview of the City's financial health and a strong understanding of how the City accounts for all funds. 12 Condensed Government-wide Statement of Net Position Primary Government Governmental Business-type _ Component Activities Activities Total Units Assets Total assets 293,010,112 494,572,980 787,583,092 66,600,946 Deferred Outflows of Resources Total deferred outflows of resources 34,248,047 4,972,715 39,220,762 - Liabilities Total liabilities 181,360,315 119,442,164 300,802,479 31,805,911 Deferred Inflows of Resources Total deferred inflows of resources 46,237,968 5,365,903 51,603,871 - Net Position Total net position $99,659,876 $374,737,627 $474,397,503 $34,795,035 Condensed Government-wide Statement of Activities Net (Expense) Revenue and Program Revenues Changes in Net Position Operating Capital Primary Functions/Programs Expenses Charges for Grants and Grants and Government Total Component Services Units Contributions Contributions Governmental activities: Total governmental activities $104,138,100 $11,562,391 $17,045,852 $1,876,048 $(73,653,809) Business-type activities: Total business-type activities 55,110,979 76,039,487 4,311,198 3,047,912 28,287,618 J - _ Total primary government $159,249,079 $87,601,878 $21,357,050 $4,923,960 (45,366,191) Component units: Community development $8,891,283 $720 $1,764,467 - - (7,126,096) General revenues and transfers: Total general revenues and transfers 86,728,257 12,366,691 Change in net position 41,362,066 5,240,595 Net Position Ending $474,397,503 $34,795,035 13 General Fund Budget to Actual Comparison The General Fund is the City's primary operating fund, accounting for resources that have no specific restrictions. These resources may be used for general city operations. Departments funded by the General Fund include: Mayor and City Council City Manager COMMUNITY PROFILE City Clerk WICHITA FALLS Human Resources 8y most axowR The City of Wchlre Falls is comfortably nestled in wrhifarallscan • the noMeasr epucer a e nhandle/Plains area be summed up .. of North Texas'..i.i.a=a s is an economically with two worts; • MLK Center p esanfand Progressive city.an�.,�,.e ct commerce.a. comfort... • industry WO worldwide -nests Located in.and 'Y the county seat of Wichita ewnty Wichita Falls has Public Information an approximate population of 102 MS.a Ma -'d y s tQ.T~ w r"" nd is most prosperous city In Texas and considered Center Of North Texas. Municipal Court �� Te�ce population district is 5 miles from y Sheppard Air Force ease which a home to the .i M Air Forces largest technBal training wing and Building Maintenance ^'� Euro NATO Joint]et plot Training(EN.OPT) program.The City has several institutions of higher learning.an eager workforce a stroa Health Administration �` ^i international presence through Sheppard it wy' F Base a community spirit geared toward City Nursing �s i, , t icy and h°arch and a dare to see this thriving cm continue to grow and prosper. Environmental Health =a e e e e re, annual. �aiM.n-: aeon: .. r concise emperatures 27 Animal Services °"'ahpn°'° er,aa� nn° m n85km)rpr.- approximately For: '.Nur:h.Texas � ...i .,as ur•.e o':^e 28 daysa ankm1 sou hoe' - in in year,wiN]82 Lab & Water Pollution airy oklehom T C days al 01 xmocc r i.. xr i_ 1.100 s,C.as femperefuras Oklahoma , Falkk bait .... _ i_ ar -e az Finance, Accounting& Purchasing /rem °a ,says 2seas.- „rg ar Police Fire Each year, the City reports the status of the General Recreation Fund in a separate statement in the Annual Parks Maintenance Comprehensive Financial Report. This statement is Business Park Maintenance listed on the next page. The statement shows the City Lot Mowing reader the Fund's revenues, current expenditures, excesses of revenues and expenditures, other financing City Cemetery sources and total ending fund balance. Planning, Building and Code Enforcement Property Management Fund balances listed on this statement do not necessarily Lake Lot Administration exclude uses of fund balance committed for future years Traffic Engineering by the City's Council. Engineering Additional information about the City's Fund Balance Streets Maintenance Policies and uses are available in the City's Annual Legal Operating Budget, available at www.wichitafallstx.gov. 14 Original Variance With Budget Final Budget Actual Final Budget- Positive/(Negative) Revenues: Taxes $74,429,860 $74,429,860 $80,448,805 $6,018,945 Charges for services 2,786,297 2,786,297 2,974,901 188,604 Licenses and permits 1,932,100 1,932,100 2,303,431 371,331 Fines and forfeitures 2,548,781 2,548,781 2,303,149 (245,632) Contributions 185,696 185,696 239,454 53,758 Miscellaneous revenue 2,205,078 2,205,078 2,864,211 659,133 Total revenues: 84,087,812 84,087,812 91,133,951 7,046,139 Expenditures: Current: Administrative services 14,635,299 16,571,978 15,320,078 1,251,900 Police 28,909,301 28,909,301 27,830,038 1,079,263 Fire 18,645,596 18,684,466 18,427,056 257,410 Parks and recreation 6,495,407 6,495,407 5,755,938 739,469 Accounting/finance 894,155 894,155 836,651 57,504 Community development 2,541,552 2,541,552 2,405,539 136,013 Public works 5,825,328 5,837,328 5,407,106 430,222 Health 3,677,046 3,622,196 3,448,077 174,119 Traffic and transportation 1,876,929 1,850,899 2,007,744 (156,845) Capital outlay 3,640,369 4,905,103 2,785,656 2,119,447 Total expenditures: 87,140,982 90,312,385 84,223,883 6,088,502 Excess of revenues over(under) expenditures: (3,053,170) (6,224,573) 6,910,068 13,134,641 Other financing sources (uses): Transfers in 3,883,430 3,883,430 3,845,430 (38,000) Transfers out (671,463) (671,463) (2,125,976) (1,454,513) Total other financing sources (uses) 3,211,967 3,211,967 1,719,454 (1,492,513) Excess of revenues and other sources over(under) expenditures and other uses 158,797 (3,012,606) 8,629,522 11,642,128 Fund balance-beginning 37,431,705 37,431,705 37,431,705 - Fund balance-ending $37,590,502 $34,419,099 $46,061,227 $11,642,128 15 Adopted Annual Operating Budget FY 2023 Revenues: Revenues collected bythe City may be broken down into the following categories:Operating Revenues which are recurring revenues the City may receive annually; Consolidated Revenues which include the transfer of money between funds and other financing sources and includes the use of one-time available surplus funds. The adopted operating revenue budget for FY 2023 across all funds is $204,973,228, which is an increase of $18,251,640 or 9.77% from the FY 2022 Adopted Budget of $186,721,588. This is consistent with the increased cost to provide municipal services. The Municipal Cost Index through July 2022 indicates a 9.9% year over year increase; the US Bureau of Labor Statistics, on August 15, 2022, indicated inflation rates of 8.5%. Operating Revenue 2020-21 2021-22 2022-23 Percent All Funds Actual Adopted Budget Adopted Budget Change Collection Property Taxes $41,009,203 $43,531,653 $45,112,664 3.63% Sales Tax 28,362,467 25,332,885 30,680,000 21.11% Franchise Fees 5,452,158 5,176,870 5,465,100 5.57% Payments in Lieu of Taxes 1,521,075 1,624,913 1,550,000 -4.61% Other Taxes 3,510,872 2,896,923 3,631,427 25.35% Service Charges 84,491,420 85,035,616 90,742,569 6.71% Licenses& Permits 1,623,596 1,923,600 1,701,991 -11.52% Fines& Forfeitures 2,198,977 2,548,781 2,516,357 -1.27% Intergovernmental Rev. 16,094,554 10,294,679 12,285,508 19.34% Contributions 2,936,369 2,066,950 2,126,644 2.89% Interest Income 75,550 266,500 2,504,947 839.94% All Other Revenue 6,506,967 6,022,218 6,656,021 10.52% Total Operating Revenues $193,783,207 $186,721,588 $204,973,228 9.77% CONSOLIDATED REVENUE This adopted budget estimates revenue collection across all funds at $233,816,962. This includes the use of one- time available fund balance, transfers between funds, and increases in federal grant revenues. One-time revenues are referred to as "Other Financing Sources" to clearly identify that they are non-recurring and non- operational revenues. These revenues are excesses of fund balance, available above a funds policy, for use for one-time and non-recurring expenditures which are listed in the following expenditure section. 2022-23 Combined Revenue 2020-21 2021-22 Percent All Funds Actual Adopted Adopted Change Budget Operating Revenues $193,783,207 $186,721,588 $204,973,228 9.77% Transfer In 8,920,548 6,071,562 9,534,859 55.39% fyofwchitaFau- Adopte.Op th Other Financing Sources 0 2,656,725 19,308,875 626.79% —.get�` Consolidated Revenues $202,703,755 $195,449,875 $233,816,962 19.63% i ` r The Adopted Operating Budget may be found at: https://www.wichitafallstx. 16 Adopted Annual Operating Budget FY 2023 Expenditures: The adopted budget for expenditures across all funds is $233,816,962, which is an increase of $38,367,087 or 19.63% from the FY 2022 Adopted Budget of $195,449,875. However, the Operating expenditures, which exclude transfers out and capital improvements, are projected to be $186,341,504, which is $16,232,696 or 9.54% higher than the FY 2022 operating expenditures which is the best comparison to last year's operating budget. The increase in expenditures is driven by the increased cost of goods and services due to inflation, increased capital expenditures for critical infrastructure,and the increased cost of labor to help maintain market competitive compensation. 2022-23 Expenditures All Funds 2020-21 Actual 2021-22 Adopted Percent Adopted Change Budget Personnel Services $ 83,915,522 $ 93,771,616 $ 97,981,335 4.49% Supplies 8,619,721 11,125,386 16,303,433 46.54% Maintenance & Repair 6,383,968 8,516,781 9,550,830 12.14% Utilities/Other Services 22,384,192 22,632,434 25,824,625 14.10% Insurance & Contract Supp. 2,765,939 2,879,189 3,478,367 20.81% Debt Expenditures 18,147,591 19,262,658 19,467,705 1.06% Other Expenditures 12,590,314 11,561,944 13,574,669 17.41% Non Capital Improvements 102,698 358,800 160,541 -55.26% Capital Improvements 5,028,689 19,707,983 38,711,168 96.42% Transfers Out 4,380,710 5,633,084 8,764,290 55.59% Total Expenditures $ 164,319,346 $ 195,449,875 $ 233,816,962 19.63% The adopted budget includes the use of one-time funds (surplus fund balance) in the General Fund and other funds to complete these one-time projects: Project Amount Police Tactical SWAT Vehicle (MRAP) $ 340,000 Golf Course Pavilion and Range Lighting (gap funding) 311,000 Castaway Cove Waterpark New Attraction (gap funding) 575,000 MPEC Co-Promotional Show Fund 100,000 MPEC Exhibit Hall Remodel Projects (Venue Bond gap funding) 2,589,000 Street Improvements 2,000,000 Police Video infrastructure and body cams 1,500,000 Parks Master Plan 200,000 Parks and Recreation Equipment Replacement 525,000 Health Dept. Reception Area Remodel 350,000 Public Safety Facilities Needs Assessment 200,000 General Fund Total $ 8,690,000 Sanitation Fund - Landfill Scale & Compactor 1,929,287 Stormwater Fund -Quail Creek, Duncan Channel, Rhea Road 5,667,472 Golf Course Fund - Irrigation and Capital Improvements 205,867 IT Fund - Public Safety Radio Replacement 1,416,250 Grand Total One Time Uses: $ 17,908,875 17 -51.1 ........._ Ake 4/44 a TEXAS $/cr 5Aie5. *lien/Opp to itie,: Prepared by the City of Wichita Falls Finance Department 1300 7th Street, Wichita Falls, TX 79301 940.761.7462 The city's Annual Comprehensive Financial Report may be found at https://www.wichitafallstx.gov