FY 15-16 MDD Adopted BudgetCITY OF BAYTOWN
MUNICIPAL
DEVELOPMENT DISTRICT
(MDD)
ADOPTED PROJECTS BUDGET
2015 -16
BAYTOWN
S
CITY OF BAYTOWN
MUNICIPAL DEVELOPMENT
DISTRICT (MDD)
DIRECTORS
STEPHEN H. DONCARLOS, President
CHRIS PRESLEY, Vice President
REGGIE BREWER, Secretary
BRANDON CAPETILLO, Director
GARY ENGLERT, Director
MARY HERNANDEZ, Director
ROBERT C. HOSKINS, Director
DAVID P. JIRRELS, Director
DAVID MCCARTNEY, Director
MERCEDES RENTERIA III, Director
TERRY SAIN, Director
BAYTOWN
S
MUNICIPAL DEVELOPMENT DISTRICT
August 20, 2015
President and Directors of the
Municipal Development District Board
I am pleased to present the adopted 2015 -16 budget for the Baytown Municipal
Development District (MDD). The 2015 -16 budget year promises to be another
outstanding year for growth and economic development in the Baytown area. Home
sales are improving, commercial development is continuing and recently announced
industrial expansion projects will keep Baytown moving forward. We look forward to
reviewing this budget with you in the coming months. Listed below are the highlights of
revenues and expenditures.
Revenues — Based on current year sales tax receipts we anticipate revenues to
increase in the next fiscal year. Sales tax revenue for 2015 -16 is projected at
$6,077,000 which is a 3% increase over current year estimated collections. Along with
interest income and loan repayments total revenues for 2015 -16 are projected at
$6,096,800.
Expenditures - The MDD projects for funding all play a significant role in the economic
development and quality of life in our City. The allocations for projects in 2015 -16 are
classified in one of the following three (3) priorities:
o Priority: Projects or expenditures designed to promote new or expanded
business activity that create or retain primary jobs:
➢ Development of New and Expansion of Existing Businesses and Industry
Economic Development Foundation — Basic Service
➢ Economic Development Foundation — Special Projects
➢ Economic Incentives
➢ Property Acquisition for Economic Development
o Priority: Projects which provide infrastructure for economic development:
➢ State Infrastructure Bank Loan Repayment — Decker Dr to SH 146 S Flyover
➢ Texas Avenue Streetscape and Town Square Project
➢ Northeast Wastewater Treatment Plant — Debt Service to fund 60% of design
and construction
➢ 1 -10 Lift Station (new)
3
o Priority: Projects that improve a community's quality of life, including
parks, athletic facilities, etc:
Pirates Bay Waterpark Construction Debt Service
Pirates Bay Waterpark Expansion Debt Service
Baytown Sports League Improvements
Golf Course Construction Debt Service (new)
Rent/Purchase Ice Rink for Town Square (new)
Land Acquisition — Future Parks
Pelly Park Loop Trail (new)
Westwood Park Fence Enclosure (new)
Lincoln Cedars Park Fence (new)
r Roseland Park Restroom Replacement (new)
Fire Fighters Memorial Repairs (new)
Community Center Path Improvements (new)
Kayak Launches at Roseland & Bayland Parks (new)
Paint Bridge Overpasses Throughout City (new)
Additional narrative on each of the foregoing projects is included in the "Major Budget
Issues" section of the budget packet.
Project administration costs of $300,000 are included to reimburse the General Fund for
administrative, engineering and financial support of the MDD. There is an allocation of
$500,000 for unforeseen /new initiatives this year. These funds provide flexibility to allow
the Board to utilize MDD funds to secure federal, state and local grant funds when
available and to enhance and expand the impact that the MDD has on the economic
development of the community as opportunities arise. It will also allow funding for
unexpected or inflationary increases on project costs, if needed.
We are excited about the economic development accomplishments in Baytown and look
forward to continuing our growth and development into the future.
Sincerely,
Rick Davis
City Manager
MAJOR BUDGET ISSUES
Fiscal Year 2015 -16
MUNICIPAL DEVELOPMENT DISTRICT
On May 5, 2001, in the general election, the citizens of the City of Baytown voted to authorize the
creation of the Baytown Municipal Development District (MDD) and the imposition of a sales
and use tax at the rate of one -half of one percent for the purpose of financing economic
development and parks projects that provide economic benefit, diversify the economic base of the
community and improve our quality of life. The board is composed of the Mayor, six council
members and four at -large resident members.
REVENUES — Based on current year sales tax receipts we anticipate revenues to increase in the
next fiscal year. Sales tax revenue for 2015 -16 is projected at $6,077,000 which is a 3% increase
over current year estimated collections. Along with interest income and loan repayments total
revenues for 2015 -16 are projected at $6,096,800.
EXPENDITURES — Included in this year's program are economic development projects and
improvements in the areas of streets, sidewalks, signalization, utilities and parks. Generally,
project costs may include functions such as services, construction or debt service on long -term
construction projects. Project administration costs of $300,000 are included to reimburse the
General Fund for administrative, engineering and financial support of the MDD.
PROJECTS
Development of New and Expansion of Existing Businesses and Industry
A significant function of this budget allocation is the development of new and expansion of
existing businesses. These projects are critically important in light of the State Implementation
Plan's potential impact on the petro - chemical industry and underscore our need to diversify our
economic foundation. $150,000
Economic Development Foundation — Basic Economic Development Services
This provides continued funding for the basic economic development services contract with the
Baytown Area/West Chambers County Economic Development Foundation (EDF). $250,000
Economic Incentives
Several significant economic projects are currently in the development stage. The new Kroger
store on Alexander has been announced and will result in a $150,000 per year payment beginning
in FY2018. We are optimistic that another major announcement is forthcoming that will utilize
these dollars. $500,000
Property Acquisition for Economic Development
This allocation provides funding to purchase property that may become available to be used for
future economic development purposes. Some of the projects discussed elsewhere in this report
may require additional property acquisition. $100,000
State Infrastructure Bank Loan Repayment — Decker Drive to Highway 146 S. Flyover
The MDD financed a $1,000,000 loan from the Texas State Infrastructure Bank (SIB) for a
Decker Drive to Highway 146 South flyover project. This funding, combined with matching
funds from the November 2007 bond election, allowed for completion of the Decker Drive to
Highway 146 South flyover. The current project funding eliminates the "braided" on and off
ramps. The postponement of the construction of these ramps would have impaired mobility in the
area. The State matched our $2 million contribution to provide the $4 million necessary to
�1
MAJOR BUDGET ISSUES
Fiscal Year 2015 -16
complete all elements of this flyover. Eligible projects must be on the state highway system and
be included in the Statewide Transportation Improvement Plan. $148,957
Town Square Project— Phase II
The budget includes continued funding and expands the scope of the project to include the Phase
II which will complete the Town Square Project. Phase I included the initial development of the
Town Square in the city -owned block bounded by Texas, Gaillard, Pearce and Ashbel. The
project adopted for FY2015 also included extending the Streetscape Project from Gaillard to
Ashbel, including the Ashbel intersection. This project includes a Bond - funded water feature in
the form of a fountain. The fountain currently being designed will serve as centerpiece for the
plaza and will serve as the platform for a portable ice rink for the 2015 Christmas holiday season.
The fountain will be covered by a large Christmas tree resulting in a much improved community
tree lighting event and ice skating around the community Christmas tree. A set of permanent
restrooms will be constructed as will a matching building for storage, fountain equipment and the
skate concession center. Phase II includes walking trails, a stage, landscaping, signage and
lighting. $600,000
I -10 Lift Station
This lift station is being upgraded to accommodate growth along Garth Road. These dollars are
being used to help pay for upsizing the lift station. $250,000
Northeast Wastewater Treatment Plant — Debt Service
The confirmed growth and development within the City necessitated the design and construction
of the Northeast Wastewater Treatment facility. The project is estimated at $28,500,000 with
60% ($17,100,000) of the funding from the MDD. The remaining 40% ($11,400,000) is funded
from the Water and Sewer Fund. This allocation includes the current year principal and interest
payment on multiple debt issuances by the Texas Water Development Board (TWDB) loan and
Certificates of Obligation. $1,256,535
Aquatic Facilities — Debt Service
Pirate's Bay Waterpark opened in 2010 and was funded with $4 million authorized in the
November 2007 bond election and the issuance of $6 million in Certificates of Obligation in early
2010. MDD is funding the debt service on the $6 million in CO's. This allocation funds the
current year debt service requirement. $426,713
Pirates Bay Waterpark Expansion — Debt Service
Attendance and popularity continue to be greater than anticipated with the waterpark's capacity
limiting tickets sales on a regular basis. The development of a multi - phased Pirates Bay
Expansion Master Plan is in progress. MDD funding of the North Main water and sewer project
debt service has been shifted to the Water and Sewer Fund to provide $5.5 million in MDD debt
capacity to help fund the expansion. This allocation funds the current year debt service
requirement. $376,079
Ba own Sports League Improvements
The budget provides continuous funding for various improvements at little league, pony league
and soccer facilities including bleacher covers, backstops, paving, trails, lighting and fencing
repairs as needed. $50,000
6
MAJOR BUDGET ISSUES
Fiscal Year 2015 -16
Golf Course — Debt Service
Funds are being allocated in the event that the voters approve the Golf Course Bonds in the
November 2015 election. $500,000
Rent to Own/Purchase Ice Rink for Town Square
The City plans to install and operate an ice rink during late November and December. The City
plans to rent to own the ice rink the first year. The FY2016 cost to rent the rink that includes, set
up, a chiller, ice skates and a golf cart mounted scraper is $81,940. Should the City decide to
purchase the rink, there will be an additional cost of $135,000. Staff has added $10,000 for
barricades and needed infrastructure for the operations of the rink. $226,940
Land Acauisition — Future Parks
This project provides funding to acquire future park land. This is a continued set -aside of funds
to provide an allocation that would be used as land becomes available. $100,000
Pelly Park Loop Trail
Staff has had request including a Parks Board member and a petition from the neighborhood to
construct a loop walking trail around Pelly Park. The popular park is the only park in the
immediate area for local residents that take advantage of the small splash deck and large picnic
shelters. A loop walking trail would add another activity to the neighborhood park. The adjacent
neighborhood have submitted a petition in support of the trail and also requested a short sidewalk
along South Main to the E. Nazro Street. The project also includes a new playground that would
replace the existing aging playground.
The trail was requested by residents and by one of our Parks and Recreation Advisory Board
members. The neighborhood submitted a petition in support of the project to the Parks and
Recreation Department.
The trail, sidewalk and new playground will be designed and installed by Parks and Recreation
Department employees. $111,000
Westwood Park Fence Enclosure
The West Little Leagues fields at Westwood Park are no more. The lights and poles have been
salvaged and relocated to Central Little League Park and all Little League activities no longer
exist at Westwood Park. The Parks and Recreation Department plan to include the old park site
as part of the Baytown Nature Center as a future Chandler Arboretum site and would free up the
property owned by the City on Sjolander that was donated to the city for the Chandler Arboretum.
Westwood Park would be fenced and placed inside of the Baytown Nature Center include closing
Schrek at Steinman Street and include fencing the pipeline easement to the bay front.
The Neighborhood has indicated that the playground could go away, however, we will save room
for a small neighborhood park if needed in the future. $50,663
Lincoln Cedars Park Fence
Lincoln Cedars Park is located on four small lots backing up to vacant property. The park users
often have balls that go over the small fence at the back of the park and get lost in the low
swampy land behind the park. Local citizens have requested a tall fence be constructed to keep
the balls in the park and to help keep the small children from going into the swampy area looking
for balls. A 20 foot tall fence will be constructed along the back side of the park. Design and
oversight will be done by the Parks and Recreation Department employees. $12,000
MAJOR BUDGET ISSUES
Fiscal Year 2015 -16
Roseland Park Restroom Replacement
The public restrooms were constructed in the mid 1990s. The restroom would be replaced with a
new pre - constructed restroom at the same location. The new restrooms will be equipped with a
HVAC system, water fountain and doors that will automatically close and lock when the park is
closed. The building will be pre- engineered and constructed by local standards and codes. Design
and oversight will be done by the Parks and Recreation Department employees. $135,000
Fire Fighters Memorial Repairs (50%)
The project will improve the lighting and appearance of the Fire Fighter Memorial Plaza. The
drought caused severe ground movement at the Fire Fighter Memorial Plaza. The plan is to repair
the subgrade and reconstruct several areas. The project will also level the granite surrounding the
plaza. Relocation and replacement of the plaza lighting is also included in the project.
We are partnering with the Fire Department on this project with the cost being shared 50150.
Design and oversight will be done by the Parks and Recreation Department employees. $33,625
Community Center Path Improvements
All three entrances to the Baytown Community Center are in need of replacement. The walkway
between the Community Center and City Hall stands in deep water after a small rain event,
making the connection from City Hall /Community Center almost impossible at time. A second
part of this request will be to remove and replace the existing exposed aggregate entry walks and
to replace. The new sidewalks will provide both a safer and more attractive appearance to the
Community Center.
The existing concrete walkways are uneven and could cause tripping hazards, this project will
provide a safe, slip resistant entrance to the Community Center from three locations, City Hall,
the Community Center Parking Lot and under canopy at senior side entrance. $67,830
Kayak Launches at Roseland and Bayland Parks
Use of Kayaks continue to gain popularity. A kayak launch was added to the boat ramps at the
Wetlands Center in 2015. Staff proposes adding two more launches in 2016 at both the Roseland
Park and Bayland Park Boat Launches.
The proposed kayak launches will provide easy access to the historic Goose Creek and Tabbs Bay
area as well as the scenic Cedar Bayou. Both will be located adjacent to existing boat ramps that
include plenty of parking for kayakers. $70,000
Paint Bridge Overpasses Throughout City
The project will paint the bridge abutments that cross Goose Creek on Rollingbrook, Baker Road,
Decker Drive, Market Street and West Main. The West Texas Avenue Bridge was repainted as
part of a Goose Creek Park improvement project in 2015. Staff plans to paint as many bridges as
possible with the available funding. $50,000
Project Administration & Overhead
$300,000
Unforeseen Project and New Initiatives $500,000
MUNICIPAL DEVELOPMENT DISTRICT (MDD) PROGRAM FUND
BUDGET SUMMARY for Fiscal Year 2015 -16
Actual Carry- forward
Adopted
Total
Allocation
Estimated
Carry - forward
New
Allocation
Total Allocation
2013 -14
2013 -14
2014 -15
2014 -15
2014 -15
2014 -15
2015 -16
2015 -16
Beginning working capital
$ 6,407,476
$ 6,809,000
$ 1,008,190
$ 6,809,000
$ 6,809,000
$ 4,426,650
$ 568,784
$ 4,426,650
Revenues
Sales Taxes
5,701,282
5,700,000
5,700,000
5,900,000
-
6,077,000
6,077,000
Interest on Investments
7,746
6,000
6,000
6,000
6,000
6,000
Miscellaneous
30,000
-
-
-
Loan Repayments
32,258
40,200
40,200
10,765
10,870
10,870
Interest on Loans
7,781
8,000
8,000
3,040
1
2,930
2,930
Total MDD Revenues
5,779,067
5,754,200
5,754,200
5,919,805
6,096,800
6,096,800
Expenditures
Economic Development Projects
Development of New and Expansion of
Existing Businesses and Industry
13,640
519,785
150,000
669,785
655,233
14,552
150,000
164,552
Econ Development Foundation - Basic
Economic Development Services
200,000
250,000
250,000
250,000
250,000
250,000
Econ Development Foundation - Special
Economic Development Projects
5,811
330,558
100,000
430,558
165,812
264,746
-
264,746
Economc Incentives
-
-
500,000
500,000
Econ Development Foundation - Special
Economic Development Projects -SBRLF
-
110,000
-
110,000
-
110,000
-
110,000
Property Acquisition for Economic
Development
1,455
522,521
100,000
622,521
298,468
324,053
100,000
424,053
Downtown Redevelopment Assistance -
Baytown Little Theater
-
500,000
500,000
-
500,000
-
500,000
Marketing Plan Update
31,101
-
-
-
-
-
Subtotal
240,385
1,982,864
600,000
2,582,864
1,369,513
1,213,351
1,000,000
2,213,351
Streets, Drainage, Sidewalks & Signalization
Projects
Land Acquisition for New Thoroughfares
-
911,710
100,000
511,710
-
511,710
-
511,710
Land for San Jacinto Blvd
-
-
-
500,000
500,000
-
City Gateway Project
38,739
311,261
150,000
461,261
461,261
State Infrastructure Bank Loan Repayment
Decker Dr to 146 South flyover ( $1 mm)
148,957
-
148,957
148,957
148,957
-
148,957
148,957
Texas Avenue Streetscape & Town Square
-
764,967
500,000
1,264,967
917,285
347,682
600,000
947,682
Signal - 146 North and 1 -10 West
222,881
29,872
-
29,872
-
-
-
Signal - Hutto and Rollingbrook
-
85,200
-
85,200
72,390
12,810
-
12,810
Garth Road Traffic Engineering
7,463
205
15,000
1 15,205
15,205
-
-
-
Subtotal
418,040
2,103,215
913,957
3,017,172
2,115,098
872,202
748,957
1,621,159
Utility Projects
Economic Dev. Cost Share with Developers to
Upsize New Utilities
342,013
100,000
254,535
-
254,535
-
254,535
1 -10 Lift Station
-
-
250,000
250,000
250,000
500,000
NE WW Treatment Plant Debt Service (60% -
2005 & 2006 TW DB CO's & 2014 & 2015
GO's Refunding)
1,201,581
1,302,255
1,302,255
1,302,255
-
1,256,535
1,256,535
West District Plant Expansion Debt Service -
(50 % - 2008 CO's)
1,002,966
1,009,356
1,009,356
1,009,356
-
Hutto Lift Station
7,500
62,522
-
-
-
BuceesUtilityLines
344,113
-
-
-
-
-
Tri City Beach Road Sewer
-
70,000
70,000
70,000
70,000
Ameriport Waterline
26,257
-
-
-
-
-
Subtotal
2,582,417
474,535
2,411,611
2,886,146
2,311,611
574,535
1,506,535
2,081,070
Parks Projects
Aquatics Master Plan Phase 1 & 2
Construction (Debt Svc on $6mm)
427,738
437,888
437,888
437,888
426,713
426,713
Pirates Bay Waterpark Expansion (Debt
Service on $5.5mm)
377,275
375,529
375,529
375,529
376,079
376,079
Baytown Sports League Improvements
155,568
20,650
100,000
120,650
95,309
25,341
50,000
75,341
Golf Course (Debt Service on $12.5mm)
-
-
-
-
500,000
500,000
Rent/Purchase of Ice Rink for Town Square
-
226,940
226,940
Goose Creek Trail Phases V and VI
207,948
292,052
-
292,052
199,837
92,215
-
92,215
Goose Creek Trail - Phase VI
-
315,000
315,000
45,000
270,000
-
270,000
Land Acquisition - Future Parks
-
223,139
50,000
273,139
1,300
271,839
100,000
371,839
Sports Complex (Parking, Fields & Lighting)
45,067
7,974
-
7,974
7,974
-
East Road Girls Fields - Lighting & Wiring
-
575,000
575,000
575,000
-
-
Pelly and Central Little League Parks
14,631
369
-
179
179
Wetlands Picnic Shelter
10,000
-
10,000
10,000
GLO / CMP Grant Match ( Tabbs Bay)
-
86,400
86,400
86,400
Tabbs Bay Cleanup
99,858
-
Eddie Huron Park Phase II & III
1,871
-
City Hall Courtyard Improvements Phase I & II
20,693
6,691
-
6,691
6,691
Median Beautification Crew
129,997
(545)
110,500
109,955
109,955
-
Community Service Supervisor
28,951
53,149
77,200
130,349
99,760
Roseland Park Improvements
100,111
1,759
-
1,536
1,536
-
Roseland Locomotive Improvements
49,547
10,278
10,278
10,278
MUNICIPAL DEVELOPMENT DISTRICT (MDD) PROGRAM FUND
BUDGET SUMMARY for Fiscal Year 2015 -16
Actual Carry- forward
Adopted
Total
Allocation
Estimated
Carry - forward
New
Allocation
Total Allocation
2013 -14
2013 -14
2014 -15
2014 -15
2014 -15
2014 -15
2015 -16
2015 -16
Roseland Spray Park Renovations
-
42,000
42,000
42,000
Special Needs Playground
25,000
25,000
25,000
-
-
-
Jenkins /Holloway Park Improvements
36,933
61,699
-
61,699
44,747
16,952
16,952
Goose Creek Park Improvements
1,755
50,960
50,960
31,550
19,410
-
19,410
Jenkins Park Disc Golf
1,826
-
-
-
Pelly Park Loop Trail
-
111,000
111,000
Westwood Park Fence Enclosure
50,663
50,663
Lincoln Cedars Fence Improvements
12,000
12,000
Roseland Park Restroom Replacement
135,000
135,000
Repair Fire Fighter Memorial
33,625
33,625
Community Center Path Improvements
67,830
67,830
Paint Bridge Overpasses
50,000
50,000
Kayak Launch (Bayland & Roseland)
70,000
70,000
Allenbrook Park Improvements
111,960
-
-
Kayak Launch
24,972
-
-
Subtotal
1,836,701
738,175
2,194,517
2,932,279
2,205,933
695,757
2,209,850
2,905,607
Total MDD Projects
5,077,543
5,298,789
6,120,085
11,418,461
8,002,155
3,355,845
5,465,342
8,821,187
Other
Project Administration and Overhead
300,000
-
300,000
300,000
300,000
-
300,000
300,000
Unforeseen /New Initiatives
502,021
-
502,021
502,021
500,000
1,002,021
Subtotal
300,000
502,021
300,000
802,021
300,000
502,021
800,000
1,302,021
Total MDD Expenditures
5,377,543
5,800,810
6,420,085
12,220,482
8,302,155
3,857,866
6,265,342
10,123,208
Revenues over (under) expenses
401,524
(5,800,810)
(665,885)
(6,466,282)
(2,382,350)
(3,857,866)
(168,542)
(4,026,408)
Ending working capital
$ 6,809,000
$ 1,008,190
$ 342,305
$ 342,718
$ 4,426,650
$ 568,784
$ 400,242
$ 400,242
DEBT SERVICE PAYMENT RECAP
Aquatics Master Plan Phase 1 & 2
Construction (Debt Svc on $6mm)
427,738
437,888
437,888
437,888
-
426,713
426,713
Pirates Bay Expansion (Debt Svc on $5.5mm)
377,275
375,529
375,529
375,529
-
376,079
376,079
Golf Course Construction (Debt Svc on
$12.5mm)
-
-
-
-
-
500,000
500,000
State Infrastructure Bank Loan Repayment
Decker Dr to 146 South flyover ( $1 mm)
148,957
148,957
148,957
148,957
-
148,957
148,957
NE WW Treatment Plant Debt Service (60% -
2005 & 2006 TW DB CO's & 2014 & 2015
GO's Refunding)
1,201,581
1,302,255
1,302,255
1,302,255
-
1,256,535
1,256,535
West District Plant Expansion Debt Service -
(50% - 2008 CO's)
1,002,966
1,009,356
1,009,356
1,009,356
Total Debt Service Payments
$ 3,158,517 $
$ 3,273,985
$ 3,273,985
$ 3,273,985
$ -
$ 2,708,284
$ 2,708,284
10
SUPPLEMENTAL INFORMATION
INCLUDED FOR PLANNING
PURPOSES
MUNICIPAL DEVELOPMENT DISTRICT (MDD) PROGRAM FUND
BUDGET SUMMARY - PROJECTED WORKING CAPITAL
Fiscal Year 2015 -16 Estimated revenue growth for projected years: 2.0%
beginning working capital
Current
Expenditures
Carry-
forward
Adjusted
Allocation
Total
Allocation
Estimated
Expenditures
Carry-
forward
New
Allocation
Total
Allocation
Projected
Projected
Projected
Projected
Projected
2013 -14
2013 -14
2014 -15
2014 -15
2014 -15
2015 -16
2015 -16
2016 -17
2017 -18
2018 -19
2019 -20
2020 -21
beginning working capital
$
$6,609,000
1 $1,uud,19U
$6,609,000
$ 6,6U9,000
$4,426,6bU
1 $ b6b,184
$4,426,6bU
$ 4UU,242
1 $ 663,762
$ 766,656
$1,394,2U6
1 $2,163,475
Revenues
Sales Taxes
5,700,000
5,700,000
5,900,000
6,077,000
6,077,000
6,199,000
6,323,000
6,449,000
6,578,000
6,710,000
Interest on Investments
6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
Contributions & Miscellaneous
48,200
48,200
13,805
13,800
13,800
20,000
20,000
20,000
20,000
20,000
Total MDD Revenues
5,754,200
5,754,200
5,919,805
6,096,800
6,096,800
6,225,000
6,349,000
6,475,000
6,604,000
6,736,000
Expenditures
Economic Development Projects
Development of New and Expansion of Existing
Businesses and Industry
1,099,496
519,785
150,000
669,785
655,233
14,552
150,000
164,552
300,000
300,000
300,000
300,000
300,000
Econ Development Foundation - Basic Economic
Development Services
1,300,000
-
250,000
250,000
250,000
-
250,000
250,000
200,000
200,000
200,000
200,000
200,000
Econ Development Foundation - Special
Economic Development Projects
308,554
330,558
100,000
430,558
165,812
264,746
264,746
100,000
100,000
100,000
100,000
100,000
Economic Incentives
-
-
-
500,000
500,000
500,000
650,000
150,000
150,000
150,000
Econ Development Foundation - Special
Economic Development Projects -SBRLF
100,000
110,000
-
110,000
-
110,000
-
110,000
-
-
Property Acquisition for Economic Development
621,197
522,521
100,000
622,521
298,468
324,053
100,000
424,053
100,000
100,000
300,000
300,000
300,000
Downtown Redevelopment Assistance - Baytown
Little Theater
500,000
500,000
500,000
500,000
Subtotal
3,429,247
1,982,864
600,000
2,582,864
1,369,513
1,213,351
1,000,000
2,213,351
1,200,000
1,350,000
1,050,000
1,050,000
1,050,000
Streets, Drainage, Sidewalks & Signalization Projects
Land Acquisition for New Thoroughfares
-
911,710
(400,000)
511,710
-
511,710
-
511,710
100,000
100,000
100,000
100,000
100,000
Land for San Jacinto Blvd
500,000
500,000
500,000
-
-
-
-
City Gateway Project
-
311,261
150,000
461,261
461,261
-
-
-
State Infrastructure Bank Loan Repayment
Decker Dr to 146 South flyover ( $1 mm)
446,914
-
148,957
148,957
148,957
-
148,957
148,957
-
-
Texas Avenue Streetscape & Town Square
305,243
764,967
500,000
1,264,967
917,285
347,682
600,000
947,682
150,000
150,000
150,000
150,000
150,000
Signal - 146 North and 1 -10 West
22,247
29,872
-
29,872
-
-
-
-
-
Signal - Hutto and Rollingbrook
4,800
85,200
-
85,200
72,390
12,810
12,810
-
-
Garth Road Traffic Engineering
10,032
205
15,000
15,205
15,205
-
-
-
Subtotal
789,236
2,103,215
913,957
3,017,172
2,115,098
872,202
748,957
1,621,159
250,000
250,000
250,000
250,000
250,000
Utility Projects
Economic Dev. Cost Share with Developers to
Upsize New Utilities
26,083
342,013
87,478
254,535
-
254,535
-
254,535
150,000
150,000
150,000
150,000
150,000
1 -10 Lift Station
-
-
250,000
250,000
250,000
250,000
500,000
-
NE WW Treatment Plant Debt Service (60 %-
2005 & 2006 TWDB CO's & 2014 & 2015 GO's
Refunding)
6,067,580
1,302,255
1,302,255
1,302,255
-
1,256,535
1,256,535
1,130,793
1,111,294
1,113,560
1,114,773
1,096,146
West District Plant Expansion Debt Service -
(50% - 2008 CO's)
3,202,146
1,009,356
1,009,356
1,009,356
-
-
-
-
-
-
Hutto Lift Station
129,978
62,522
(62,522)
-
-
Tri City Beach Road Sewer
70,000
70,000
70,000
70,000
Subtotal
9,425,787
474,535
2,411,611
2,886,146
2,311,611
574,535
1,506,535
2,081,070
1,280,793
1,261,294
1,263,560
1,264,773
1,246,146
12
MUNICIPAL DEVELOPMENT DISTRICT (MDD) PROGRAM FUND
(BUDGET SUMMARY - PROJECTED WORKING CAPITAL
revenue arowrn rnr nroiecrea years,
Parks Projects
Current
Ex enditures
Carry-
forward
Adjusted
Allocation
Total
Allocation
Estimated
Expenditures
Carry-
forward
New
Allocation
Total
Allocation
Projected
Projected
Projected
Projected
Projected
Aquatics Master Plan Phase 1 & 2 Construction
(Debt Svc on $6mm)
2013 -14
2013 -14
2014 -15
2014 -15
2014 -15
2015 -16
2015 -16
2016 -17
2017 -18
2018 -19
2019 -20
2020 -21
Parks Projects
Aquatics Master Plan Phase 1 & 2 Construction
(Debt Svc on $6mm)
522,948
437,888
437,888
437,888
426,713
426,713
434,138
426,338
437,538
427,737
432,674
Pirates Bay Waterpark Expansion - Debt Service
on $5.5mm
399,288
375,529
375,529
375,529
376,079
376,079
376,529
376,292
373,554
367,221
362,387
Baytown Sports League Improvements
450,128
20,650
100,000
120,650
95,309
25,341
50,000
75,341
25,000
25,000
25,000
25,000
25,000
Golf Course (Debt Service on $12.5mm)
-
-
-
-
-
-
500,000
500,000
1,000,000
1,000,000
1,000,000
1,000,000
1,000,000
Rent/Purchase of Ice Rick for Town Square
-
-
-
-
226,940
226,940
50,000
50,000
50,000
50,000
50,000
Goose Creek Trail Phases V and A
292,052
-
292,052
199,837
92,215
-
92,215
-
-
-
-
-
Goose Creek Trail Phase VI
-
315,000
315,000
45,000
270,000
-
270,000
350,000
300,000
300,000
300,000
300,000
Land Acquisition - Future Parks
34,942
223,139
50,000
273,139
1,300
271,839
100,000
371,839
50,000
50,000
50,000
50,000
50,000
Sports Complex (Parking, Fields & Lighting)
573,996
7,974
-
7,974
7,974
125,000
125,000
-
East Road Girls Fields - Lighting & Wiring
-
-
575,000
575,000
575,000
-
-
-
-
-
Pelly and Central Little League Parks
369
(190)
179
179
Wetlands Picnic Shelter
-
10,000
-
10,000
10,000
GLO / CMP Grant Match
107,973
-
86,400
86,400
86,400
City Hall Courtyard Improvements Phase I & II
14,616
6,691
-
6,691
6,691
Median Beautification Crew
119,348
(545)
110,500
109,955
109,955
Community Service Supervisor
-
53,149
77,200
130,349
99,760
Roseland Park Improvements
98,380
1,759
(223)
1,536
1,536
Roseland Locomotive Improvements
-
10,278
-
10,278
10,278
Roseland Spray Park Renovations
-
42,000
42,000
42,000
-
-
Special Needs Playground
-
25,000
25,000
25,000
Jenkins / Holloway Park Improvements
61,699
-
61,699
44,747
16,952
16,952
Goose Creek Park Improvements
50,960
50,960
31,550
19,410
19,410
Pelly Park Loop Improvements
-
-
-
-
111,000
111,000
Westwood Park Fence Enclosure
50,663
50,663
Lincoln Cedars Fence Improvements
12,000
12,000
Roseland Park Restroom Replacements
135,000
135,000
Repair Fire Fighter Memorial
33,625
33,625
Community Center Path Improvements
67,830
67,830
Paint Bridge Overpasses
50,000
50,000
Kayak Launch (Bayland & Roseland)
70,000
70,000
Subtotal
2,321,619
738,175
2,194,104
2,932,279
2,205,933
695,757
2,209,850
2,905,607
2,410,667
2,352,630
2,236,092
2,219,958
2,220,061
Total MDD Projects
15,965,889
5,298,789
6,119,672
11,418,461
8,002,155
3,355,845
5,465,342
8,821,187
5,141,460
5,213,924
4,799,652
4,784,731
4,766,207
Other
Project Administration and Overhead
1,787,500
-
300,000
300,000
300,000
-
300,000
300,000
300,000
300,000
300,000
300,000
300,000
Unforeseen /New Initiatives
502,021
502,021
502,021
500,000
1,002,021
500,000
750,000
750,000
750,000
750,000
Subtotal
1,787,500
502,021
300,000
802,021
300,000
502,021
800,000
1,302,021
800,000
1,050,000
1,050,000
1,050,000
1,050,000
Total MDD Expenditures
17,753,389
5,800,810
6,419,672
12,220,482
8,302,155
3,857,866
6,265,342
1 10,123,208
5,941,460
6,263,924
5,849,652
5,834,731
5,816,207
Revenues over (under) expenditures
(17,753,389)
(5,800,810)
(665,472)
(6,466,282)
(2,382,350)
(3,857,866)
(168,542)
(4,026,408)
283,540
85,076
625,348
769,269
919,793
Ending working capital
$ 17,753,389
$ 1,008,190
$ 342,718
$ 342,718
$ 4,426,650
$ 568,784
$ 400,242
$ 400,242
$ 683,782
$ 768,858
$ 1,394,206
$ 2,163,475
$ 3,083,268
13
BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT
DETAIL DEBT AMORTIZATION SCHEDULES
Refunded 7/2015 into Series 2015 GO & Refunding
2011
2.25%
130,185
NE WW Treatment - $13,370,000 - W &S Issue
219,180
Certificate of Obligation - TWDB (MDD
portion -60 %) Issue 1 of 2 $
3,516,310
Series 2005
85,873
Date of Issue - March 1, 2005 - Refund $2,241,204 as of Feb Term - 20 Years
Fiscal
Interest
Principal
Total Total Debt
Balance of
Year
Rate
Due 2/01
Interest for Fiscal Yr
Principal
2006
1.35%
$ 98,625
$ 99,219 $ 197,844 $
3,417,685
2007
1.55%
105,200
97,738 202,938
3,312,485
2008
1.65%
110,460
73,009 183,469
3,202,025
2009
1.80%
117,035
71,088 188,123
3,084,990
2010
2.05%
123,610
68,927 192,537
2,961,380
2011
2.25%
130,185
88,995
219,180
2,831,195
2012
2.40%
138,075
85,873
223,948
2,693,120
2013
2.55%
145,965
82,355
228,320
2,547,155
2014
2.65%
153,855
78,456
232,311
2,393,300
2015
2.75%
163,060
40,707
203,767
2,230,240
2016
2.90%
172,265
2,498
174,763
2,057,975
2016
2.90%
2,057,975
-
2,057,975
-
415,858
$
3,516,310 $
788,866 $
4,305,176
5.500%
2021
5.500%
592,203
NE WW Treatment - $19,700,000 - W &S Issue
721,632
Certificate of Obligation - TWDB (MDD portion -60 %) Issue 2 of 2 $
10,370,133
Series 2006B
Date of Issue - May 1, 2006
Term - 20 Years
Fiscal
Interest
Principal
Total
Total Debt
Balance of
Year
Rate
Due 2/01
Interest
for Fiscal Yr
Principal
2007
5.500%
$ 313,210
$ 405,618 $
718,828 $
10,056,923
2008
5.500%
394,802
326,865
721,667
9,662,121
2009
5.500%
405,330
315,863
721,193
9,256,791
2010
5.500%
415,858
304,468
720,326
8,840,933
2011
5.500%
429,018
292,532
721,550
8,411,915
2012
5.500%
442,178
279,896
722,074
7,969,737
2013
5.500%
455,338
266,430
721,768
7,514,399
2014
5.500%
468,498
252,224
720,722
7,045,901
2015
5.500%
484,290
237,214
721,504
6,561,611
2016
5.500%
500,083
221,339
721,422
6,061,528
2017
5.500%
515,875
204,700
720,575
5,545,653
2018
5.500%
534,299
187,239
721,538
5,011,354
2019
5.500%
552,723
168,894
721,617
4,458,631
2020
5.500%
571,147
149,645
720,792
3,887,484
2021
5.500%
592,203
129,429
721,632
3,295,281
2022
5.500%
613,259
108,334
721,593
2,682,022
2023
5.500%
634,315
86,184
720,499
2,047,707
2024
5.500%
658,003
62,922
720,925
1,389,704
2025
5.500%
681,691
38,637
720,328
708,013
2026
5.500%
708,013
13,098
721,111
-
$
10,370,133 $
4,051,531 $
14,421,664
14
BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT
DETAIL DEBT AMORTIZATION SCHEDULES
W &S Projects- Northeast WW Treatment Plant
GO & Refunding - (Refunding Comb Tax & Rev COs Series 2006A) $ 2,100,283
Series 2014 Date of Issue - April 1„ 2014 Term - 20 Years
Fiscal Interest Principal Total Total Debt Balance of
Year Rate Due 2/1 Interest for Fiscal Yr Principal
2014 $ 21,885 $ 21,885 $ 2,100,283
2015
2.00% $
115,291
73,186
188,477
1,984,992
2016
3.00%
174,064
69,434
243,498
1,810,928
2017
3.00%
152,720
64,532
217,252
1,658,208
2018
3.00%
135,056
60,216
195,272
1,523,152
2019
3.00%
140,208
56,087
196,295
1,382,944
2020
4.00%
145,728
51,069
196,797
1,237,216
2021
4.00%
130,272
45,549
175,821
1,106,944
2022
4.00%
135,792
40,228
176,020
971,152
2023
4.00%
142,048
34,671
176,719
829,104
2024
4.00%
148,304
28,864
177,168
680,800
2025
4.00%
154,560
22,807
177,367
526,240
2026
4.00%
131,744
17,081
148,825
394,496
2027
3.25%
43,424
13,740
57,164
351,072
2028
3.38%
44,896
12,277
57,173
306,176
2029
3.50%
46,368
10,708
57,076
259,808
2030
3.50%
48,208
9,053
57,261
211,600
2031
3.75%
50,048
7,271
57,319
161,552
2032
3.75%
51,888
5,359
57,247
109,664
2033
4.00%
53,728
3,312
57,040
55,936
2034
4.00%
55,936
1,119
57,055
-
$
2,100,283 $
648,448 $
2,748,731
W &S Projects- Northeast WW Treatment Plant
GO & Refunding - (Refunding Comb Tax & Rev COs Series 2005) $ 1,886,198
Series 2015 Date of Issue - July 7, 2015 Term - 20 Years
Fiscal Interest Principal Total Total Debt Balance of
Year Rate Due 2/1 Interest for Fiscal Yr Principal
2016 2.00% $ 22,723 $ 94,129 $ 116,852 1,863,475
2017
5.00%
107,653
85,313
192,966
1,755,822
2018
5.00%
114,730
79,754
194,484
1,641,092
2019
5.00%
121,808
73,840
195,648
1,519,284
2020
5.00%
129,630
67,554
197,184
1,389,654
2021
5.00%
137,825
60,868
198,693
1,251,829
2022
5.00%
146,020
53,772
199,792
1,105,809
2023
5.00%
155,333
46,238
201,571
950,476
2024
5.00%
165,018
38,229
203,247
785,458
2025
5.00%
176,051
29,718
205,769
609,407
2026
5.00%
101,320
22,798
124,118
508,087
2027
5.00%
106,535
17,602
124,137
401,552
2028
3.38%
43,955
14,197
58,152
357,597
2029
3.50%
45,445
12,660
58,105
312,152
2030
3.63%
47,308
11,007
58,315
264,844
2031
3.63%
49,170
9,258
58,428
215,674
2032
3.75%
51,033
7,410
58,443
164,641
2033
3.75%
52,895
5,462
58,357
111,746
2034
4.00%
54,758
3,375
58,133
56,988
2035
4.00%
56,988
1,140
58,128
-
$
1,886,198 $
734,324 $
2,620,522
15
BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT
DETAIL DEBT AMORTIZATION SCHEDULES
2016 4.07% 143,132 5,825 148,957 -
Aquatics Master Plan & Construction - $10,000,000 - GOIS
Certificates of Obligation - Combined Tax & Revenue - Aquatics Portion $ 6,030,000
Series 2010 Date of Issue - February 1, 2010 Term - 20 Years
Fiscal Interest Principal Total Total Debt Balance of
Year Rate Due 2/1 Interest for Fiscal Yr Principal
2010
$
- $
Decker Dr to 146 Flyover - $1,000,000 - MDD Issue
Texas State
Infrastructure Bank Loan
2011
1.00%
$ 1,000,000
Series 2008
438,313
Date of Issue - September 13, 2007
2012
Term - 8 Years
Fiscal
Interest
Principal
Total
Total Debt
Balance of
Year
Rate
Due 4/15
Interest
for Fiscal Yr
Principal
2009
4.07%
$ 108,257
$ 40,700 $
148,957
$ 891,743
2010
4.07%
112,664
36,294
148,957
779,079
2011
4.07%
117,249
31,709
148,957
661,830
2012
4.07%
122,021
26,936
148,957
539,809
2013
4.07%
126,987
21,970
148,957
412,822
2014
4.07%
132,156
16,802
148,957
280,666
2015
4.07%
137,534
11,423
148,957
143,132
2016 4.07% 143,132 5,825 148,957 -
Aquatics Master Plan & Construction - $10,000,000 - GOIS
Certificates of Obligation - Combined Tax & Revenue - Aquatics Portion $ 6,030,000
Series 2010 Date of Issue - February 1, 2010 Term - 20 Years
Fiscal Interest Principal Total Total Debt Balance of
Year Rate Due 2/1 Interest for Fiscal Yr Principal
2010
$
- $
84,635 $
84,635 $
6,030,000
2011
1.00%
235,000
203,313
438,313
5,795,000
2012
1.00%
225,000
201,013
426,013
5,570,000
2013
2.00%
240,000
197,488
437,488
5,330,000
2014
2.00%
235,000
192,738
427,738
5,095,000
2015
2.00%
250,000
187,888
437,888
4,845,000
2016
3.00%
245,000
181,713
426,713
4,600,000
2017
3.00%
260,000
174,138
434,138
4,340,000
2018
3.00%
260,000
166,338
426,338
4,080,000
2019
3.50%
280,000
157,538
437,538
3,800,000
2020
3.50%
280,000
147,737
427,737
3,520,000
2021
3.50%
295,000
137,674
432,674
3,225,000
2022
3.63%
300,000
127,074
427,074
2,925,000
2023
3.75%
320,000
115,637
435,637
2,605,000
2024
4.00%
325,000
103,137
428,137
2,280,000
2025
4.00%
345,000
89,737
434,737
1,935,000
2026
4.13%
350,000
75,619
425,619
1,585,000
2027
4.25%
375,000
60,431
435,431
1,210,000
2028
4.25%
380,000
44,387
424,387
830,000
2029
4.38%
410,000
27,344
437,344
420,000
2030
4.38%
420,000
9,187
429,187
-
$
6,030,000 $
2,684,766 $
8,714,766
16
BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT
DETAIL DEBT AMORTIZATION SCHEDULES
W &S Projects- $16,500,000 - COs
Certificates of Obligation - Combined Tax & Revenue - Aquatics Portion $ 5,500,000
Series 2013 Date of Issue - March 26, 2013 Term - 20 Years
Fiscal Interest Principal Total Total Debt Balance of
Year Rate Due 2/1 Interest for Fiscal Yr Principal
2013 $ - $ 44,117 $ 44,117 5,500,000
2014
2.00%
216,667
159,896
376,563
5,283,333
2015
2.00%
220,000
155,529
375,529
5,063,333
2016
2.00%
225,000
151,079
376,079
4,838,333
2017
2.00%
230,000
146,529
376,529
4,608,333
2018
2.50%
235,000
141,292
376,292
4,373,333
2019
4.00%
240,000
133,554
373,554
4,133,333
2020
4.00%
243,333
123,888
367,221
3,890,000
2021
4.00%
248,333
114,054
362,387
3,641,667
2022
2.50%
255,000
105,900
360,900
3,386,667
2023
2.50%
263,333
99,421
362,754
3,123,334
2024
2.50%
270,000
92,754
362,754
2,853,334
2025
2.63%
280,000
85,704
365,704
2,573,334
2026
3.00%
286,667
77,729
364,396
2,286,667
2027
3.00%
295,000
69,004
364,004
1,991,667
2028
3.13%
305,000
59,814
364,814
1,686,667
2029
3.13%
315,000
50,126
365,126
1,371,667
2030
3.25%
325,000
39,923
364,923
1,046,667
2031
3.25%
336,667
29,171
365,838
710,000
2032
3.30%
350,000
17,925
367,925
360,000
2033
3.38%
360,000
6,075
366,075
-
$
5,500,000 $
1,903,484 $
7,403,484
17
RESOLUTION NO. 256
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE BAYTOWN
MUNICIPAL DEVELOPMENT DISTRICT ADOPTING A BUDGET FOR THE
ENSUING FISCAL YEAR, BEGINNING OCTOBER 1, 2015, AND ENDING
SEPTEMBER 30, 2016; AND PROVIDING FOR THE EFFECTIVE DATE
THEREOF.
BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE BAYTOWN
MUNICIPAL DEVELOPMENT DISTRICT:
Section 1: That the budget estimate of the revenues of the Baytown Municipal
Development District and the expenses of conducting the affairs thereof for the ensuing fiscal
year, beginning October 1, 2015, and ending September 30, 2016, as finally submitted to the
Board of Directors by the General Manager of said District be, and the same is in all things,
adopted and approved as the budget estimate of all the current expenses as well as the fixed
charges against said District for the fiscal year beginning October 1, 2015, and ending
September 30, 2016. A copy of the budget is attached hereto as Exhibit "A" and incorporated
herein for all intents and purposes.
Section 2: This resolution shall take effect immediately from and after its passage by
the Board of Directors of the Baytown Municipal Development District.
INTRODUCED, READ, and PASSED by the affirmativeyf# of the Board of Directors
of the Baytown Municipal Development District this the 20th day August, 2015.
A T:
LETICIA BRYSCH, As ' tant Secretary
APPROVED AS TO FORM:
4 nta A?!�7
ACIO RAMIREZ, SR., G n al ounsel
STJZPHEI -H. DONCARLOS,
R:'%Karen%Files,City CounciMunicipal Development District Resolutions\2015 Wugust\Adoptl5- 16Budget.doc
18
=a
G�
R:'%Karen%Files,City CounciMunicipal Development District Resolutions\2015 Wugust\Adoptl5- 16Budget.doc
18