 Let's get started. It's about five minutes after. Before we get underway, I want to say that I have some bad news and some good news. The cowboys are playing tonight. The good news is, don't expect much, y'all. I love my cowboys, but, you know, Tampa Bay, all right? And I've said so. All right. Well, let's get started. All right. Well, everybody welcome to the District 2 Town Hall. This is our second meeting that we're having, and we're going to discuss some topics that I think you will find very interesting. So I'm fortunate to represent District 2 as their council member in my third term. And again, when I say that I consider myself fortunate, I do mean it because in service, in public service, you do find a lot of satisfaction in being able to help your fellow neighbors. So to date, we've been through a lot, you know, this past year plus, haven't we? The pandemic that won't leave us alone, the winter apocalypse, whatever you want to call it. You know, we weather these storms in the best Fort Worth fashion. And I think that our first responders, you know, police department, fire department, our city staff, you know, really showed what they're made of and how they responded to that. So I'm not one to quickly forget, but it really illustrated for us the importance of delivering city services in a very efficient manner and sometimes under duress. So it's related to what we're going to talk about here, because it does take money, does take revenue to afford these city services, to be able to deliver them in the manner that, you know, residents expect. And so what we're going to talk about tonight pertains to the upcoming 2022 bond program, 1.28 billion, I think it is. So that's, that's a pretty large undertaking, but we are a 12th largest city in the nation and our needs are only increasing. We're also going to talk about the fiscal year 22 budget. And again, that city budget is closely tied to how we allocate these moneys, these funds to make our city run. Transportation and public works. We have several members of that department here. Thank you for being here. They're going to talk to us specifically about projects citywide and specifically to district two. We have our police department well represented here tonight. Thank you all for being here. And they're going to talk about initiatives like safe city and also the CCPD. And we're going to have some information also available for redistricting because that's coming up. As I said before, our city is growing, we're going to grow by two council seats. And with that upcoming change, it's very important that our residents know that they can take part too. You can take part in our redistricting process. So the end of each presentation, you'll have an opportunity to comment, to ask questions of the presenters. David Cook, thank you. Our city manager just walked in. Appreciate you being here, sir. And so I asked just for the sake of time that you hold off on your questions at the end of the presentations, and we'll be happy to answer them. And once we have the subject matter explained, you may find yourself wanting additional information that perhaps we'll have to get back to you on. That's perfectly fine. You can approach me or an individual staff member if it's specific to something that they presented. And we'd be happy to help you with that. So our city's been running pretty well. And that's a credit to our city manager and to your city council. We made some good financial decisions that helped us, as I said before, weather the pandemic. Because what did the pandemic do? It affected our city revenues. We expected them to be lower than they actually were. And that's a pleasant surprise. Fort Worth is rising up again. You know, our small business community is starting to firm up. And our revenues, again, have, you know, bested projections. So that's good news for you. And it's a testament to how we very carefully manage and spend your public dollars. So without further ado, I think I'm going to call on Joel McIhanney to start us off. And Joel, I think you'll start off with the 2022 bond program. Is that correct? That's correct. All right. Joel, the podium's yours. Thank you. Thank you. Hello. I'm Joel McIhanney. I'm the Capital Program Manager for the Park and Recreation Department. And tonight, I'm giving a review of the 2022 bond program, review the goals that helped guide that program, review the process for selecting projects that made the final recommendation to the city council, and we'll quickly review those projects. And then just a highlight of the next steps. There it is. So the goals that guided this program are to maintain, improve our existing infrastructure and address equity, provide mobility and city services in those high growth areas, enhance active transportation recreation corridors, allow for flexibility and partnerships through leverage opportunities, and want to achieve balance and be good stewards of the public taxpayer's dollar. A couple of highlights of this program. $29.8 million has been allocated for quick start of capital projects. So a bond program typically has a five-year implementation window. We have five years to build out the projects in that program. So it helps to get a quick start on those projects and that means getting the engineer or designer on board early, getting it right away, acquiring it where we need to, and relocating utilities if needed. Most of this is for our arterial projects and also the Forest Park Pool project. We're able to get the design started early. Second is to reserve debt capacity. So this bond program is $500 million. The city's debt capacity is actually greater than that amount, but we want to reserve some of that debt capacity for unforeseen. These will be opportunities for grants or other leverage opportunities, partnerships with other agencies, and also emergencies. It might be repairs or replacement placement that's required, just those unforeseen type capital improvements. So we reserve debt capacity to accomplish those things. Then some of the highlights of this 2022 program. $213 million is identified for leveraging with other organizations. So Tarrant County or Texas Parks and Wildlife, other organizations where we're putting our local dollars with theirs in order to achieve a common goal in a capital project. $230 million of the value of this program is in majority minority areas, and I'm going to talk a little bit about that later in some upcoming slides. And over $100 million is for park improvements and open space conservation. This slide is going to be covered by Lorraine in our next presentation. She's going to give a budget presentation and she's going to cover this very thoroughly. So I'll just go into what makes a project considered for this bomb program. There's a lot of inputs and we try to represent them here in this slide. So when we have master plans, departmental master plans, like in my department, we have the park recreation, open space master plan, our transportation folks have a master thoroughfare plan. So we have plans that guide our capital improvements. So we look for projects that are identified in a plan. We also get public input. That can come from the city council. It can come from boards and commissions. It can come from the public directly through public meetings or neighborhood meetings, that sort of thing. And also we look at areas of growth, areas of growth that may demand services, maybe a need for libraries, parks, road improvements in those areas of growth. So we look at that as well. The process for vetting all the recommended projects to get to where we are today, it really kind of goes through a filter here. First, this actually kicked off back in October of 2019. All city departments made their recommendations for projects to be included in the 2022 bomb program. So this included parks, police, transportation, public works, code compliance, police, or police already mentioned fire and libraries, neighborhood services, all these departments came in with their list, list of projects, myself included, representing the park and recreation department. And then the city committee developed a list of prioritization criteria, and I'm going to go through those in the next slide. And the projects were prioritized based on that criteria and then presented to the city manager through multiple meetings. We got input from the city manager's office, took that input into account, vetted the list, presented that to city council. We got input from city council. And then we're here today at a series of public meetings that actually kicked off back in July. We had those citywide open house meetings. We got input there and that rolled into district town hall meetings that we're at today, and we'll get the public input. So the criteria used to prioritize these projects are listed on this slide. Equity, that's a new criterion, and I'm going to cover that next. But service deficiencies, that's where we have gaps in service, leverage opportunities where we can leverage our local dollars with other agencies or grants and partnerships in order to build out a common goal. Approved master plans is this project in a city council, approved master plan, or is it in line with our city's strategic goals, capital replacement of aging facilities, project collaboration between departments, improving existing infrastructure. We ask if this project is required, is it triggered because of a federal, state, or legal requirement? Is it addressing public health or safety issue? And last, will this capital improvement project trigger or stimulate economic development? So this new criterion, equity, came out of the recommendations of the Fort Worth task force for race and culture. And we, in order to identify this and use this as a criterion, we identified what our super majority minority areas, and those are in blue, and that's defined as 75 percent minority population or greater. Majority minority areas shown here in green are 50 percent minority population or greater. So we looked at all the projects that were recommended throughout the city, and then we gave weight to projects that were in these areas. So back in October 2019, as I mentioned, that's when this whole thing kicked off, all city departments showed up with their list of projects, and it was a total of $1.28, almost $1.3 billion. When I read this slide, sometimes I misspeak and I say million, I gotta remind myself that's a B, $1.3 billion. So over half those project, 53 percent were street mobility. We had facilities, that includes police, fire stations, libraries, community centers, at 28 percent, or 364 million. Parks walked in there with a list of $260 million, and then we had open space and conservation at $30 million. Again, that was the initial list back in October of 2019. Then we put the projects through that prioritization criteria, and the top priority projects moved into our current recommendation of $500 million bond program, and that's broke out by project type in this pie chart. 64 percent of the projects address mobility, streets, roads. 17 percent or 87 million are park and recreation improvements. 29 million, almost 30 million, 6 percent of the program is community center facilities, that's two community centers. Fire safety has two fire stations recommended in this program. Police department has a new precinct facility, and open space conservation is identified at 15 million, or 3 percent of the bond program. It's a $500 million program. And now I'll review the projects. I'm going to go through these kind of quickly, and I think a few years here you may want to grab the list, it's available on the table. It has all these projects listed in there in a spreadsheet format. So streets and pedestrian mobility, our projects are highlighted here, the council districts are shown behind them. Now there's same projects shown with the MMA and SMMA areas highlighted. Those street mobility projects are listed by project type here, and one of the highlights of this slide is how we're leveraging our local funding with other agencies. And to highlight that, I'm just going to show across the top here arterials, the very top line. There's recommended amount of $110 million in 2022 bond funds, but we've requested Tarrant County participation in the amount of $149 million. I've also added to that amount $49 million in impact fees, traffic impact fees, and other funds for a total project cost of $308 million. Now this is dependent on the Tarrant County's successful bond program, and their approval of the partnership on these projects. If we're successful with that, that's a total $308 million at a bond fund amount of $110 million. If we go to the bottom line here of this, $570 million over in the bottom right corner, $570 million worth of improvements at a bond fund amount of $320 million. So the power of leveraging and partnering. Those arterials are listed here as 11. There's projects that support transit, three listed here, East Lancaster. And the second two, Eastbury and McCart Avenue, are for design only. But that's to get us in a position where we're shovel-ready on projects for future funding opportunities, where we can go ahead and move into construction quickly. The proposed intersections listed here are 12. Wanted to mention the top one on there, Council District 2. It's not too far from where we're at tonight. It is the Jecksboro Highway in that Northside Drive, a University Drive intersection. This would, the actual design would be determined when engineers hired and were actually in the design process, expect it to be reconfiguration of the geometry of the intersection, perhaps signal improvements as well. $5 million is identified for addressing corridors, transportation corridors that have a high fatality or injury rate. This is part of the Vision Zero program, where the goal is zero fatalities in these transportation corridors. And those are listed here. There's 10 of them. That's a total of eight and a half miles. And it also represents 116 crashes per mile. It's the importance of addressing these corridors. I think over half my audience just left here. So I come back. It didn't bother me at all. And I was just getting to the fun stuff with parking recreation. So parking recreation projects shown here on this map with the Council Districts highlighted behind it. Again, we're showing these projects, distribution of these projects with the MMA and SMMA highlighted. Just mentioned here, 55% of these projects, 47 million are in an SMMA or MMA. Projects are listed here. Again, that's a total of 87 million. We do have some leveraging on these projects as well highlighted in red heritage and paddock parks. There's private funding and North Central Texas Council, government's participation and also the county as well. So good partnership there. So the Botanic Garden Infrastructure Improvements, there's been deferred maintenance. The management has been handed over to the Botanic Research Institute to Texas. And as part of that agreement, that management agreement, we are addressing some of the deferred maintenance at the facilities there. So this 4.6 million goes toward that effort. 13.5 million for heritage and paddock park. I mentioned that's a bigger project. That's a 28 million dollar project. There's private foundations contributing. I mentioned COG and the county as well. So a lot of people involved in that project to improve both heritage and paddock park. And then the last one on the list here, Water Gardens is improvements of the existing infrastructure out there. We have failing pipes and pumps system, electrical system, lighting, paving that needs to be replaced in the amount of 6.5 million. We have 13 sites on here, drainage and erosion control projects located throughout the city. Middlebrook Golf Course. So this is a great new building. We're at Rockwood Clubhouse. But in 2014, program, $2 million was included to renovate the greens. Now we also added additional funding, city funding to that. And we also had some Terrent Regional Water District involvement. It's a $5 million project to redo all the greens out here is completed in 2016. We want to do the same thing at Middlebrook. So this is a full reconfiguration of tees, fairways, greens, irrigation, golf course paths. So it's a full renovation of the course. Sycamore Park, some of you may recall that Sycamore Creek Golf Course was closed in October of 2019, and that property is repurposed as a community park. So following that closure, we had a series of public meetings, got input on what people want to see there in that community park, and this funding would go toward building out that master plan. The stop, we have two aquatics facilities in the recommended in the bond program, the first East Fort Worth and stop six neighborhood would be part or built adjacent to the stop six hub, and the second is the replacement of Forest Park Pool. And this is a replacement of the existing facility. Both of these facilities would be enhanced neighborhood family aquatic centers, be a similar type pool at both stop six and Forest Park. The Echo Lake improvements, two community parks here, Echo Lake, do a master plan and park development at Echo Lake, and second one, Gateway Park, East Fort Worth. The master plan is adopted by City Council back in 2009, but there's been a lot of change and recreational opportunities since then. So our recommendation is to relook at that master plan, do an update to the master plan, and build out the recommended improvements. Neighborhood Parks, one of which is in in council district two, Libo Park, was acquired in 2019. It's a nine and a half acre park, so the funding identified for that would be for master planning the park and building out those park improvements. Fort Worth Zoo, the city has an obligation to fund utilities when the zoo funds the improvements, the new exhibits or new facilities that they're building, that's at the Fort Worth Zoo logicals expense. Those improvements are then deeded over to the city, and but our cost, our obligation is to fund the utilities. So this might be utility service to those new facility or might be relocating utilities that are in the way of that new facility. So three and a half million identified for that effort. Whoops, I skipped trail gap connections, three trail gaps throughout the city would be addressed with this five and a half million and our intent again is to leverage this funding with partnerships. We already have a $4.9 million grant from the North Central Texas Council of Governments that's actually federal funding that's channeled through the cog to this project. So we're going to be able to leverage that local funding for that bigger grant. And Mistletoe Bridge, the Forest Park, and Sycamore Creek, and East Fort Worth as well, two other projects there. Open space conservation is something new. The Park and Recreation Department acquires parkland. We acquire parkland almost every year. There's a parkland acquired to expand our park inventory and provide park facilities for people throughout the city. But open space conservation is a little different. That's preserving property perhaps to address stormwater needs, to store stormwater, or just to prevent development, prevent a or protect, excuse me, protect a ecological landscape that might be valuable. An example of that is Broadcast Hill. That's part of the Blackland Prairie in East Fort Worth. It's adjacent to the Tandy Hills Nature Area. And so that was the first acquisition that was done as part of the open space conservation program. This would put $15 million toward funding toward that effort as well. So facility improvements, and this includes community centers, police, fire, and public libraries. Shown here, distribution with the council districts, and then with the SMMAs and MMAs listed here, a total of $77 million. Library, we have one standalone library recommended in this bomb program. That's up in North Fort Worth near Sandera Ranch. It's a very rapidly growing area. A lot of people moving in there. Last year, I heard we had over 3,000 people move in there last year, and that was during COVID. So we added that population. So again, that's an area where we need to add city services and facilities. So this would address that need for a library in that area. Oh, this map also shows distribution of libraries throughout the rest of the city. These are existing facilities. So the recommended ones highlighted in yellow. The others are shown. Two fire stations, Fire Station 37 in North Fort Worth, $8 million. The Fire Station 37 is currently in a temporary facility. It's been a temporary facility since 1998. So it's 23 years. They've been in a temporary building. It's time to get them a permanent home, and this funding would go toward development of that permanent structure. Fire Station 16 replacement. This is the seventh busiest fire station. It's West Fort Worth. It is a 5,000 square foot facility. New facilities are 10,000 square feet. So it's about half of what's needed. It also is not, when it was built 57 years ago, they didn't take female firefighters into account, and it was just built for, without any female changing rooms. So this funding would go toward addressing that need and development of a new fire station. Two community centers. The first one, the Stop Six Hub would be the replacement of Martin Luther King Junior Community Center in East Fort Worth. The new community center, the Stop Six Hub, is located about a mile northwest of Martin Luther King Community Center. So when the new ones built, the existing Martin Luther King Community Center would be torn down, and that site then would be restored as Parkland, as Neighborhood Park. So the new center is going to be bigger than our standard community center, 28,000 square feet, because it's going to include a library. It will include space for social services, in addition to those standard community park facilities like gyms and multipurpose rooms, that sort of thing. Second fire station community center. This was recommended and considered back in 2018. There was a need then, it was really between fire station community center and Diamond Hill, both were very close. We moved forward with Diamond Hill Community Center, of which we're going to start construction next month. Fire station community center will be, and not to confuse us with fire station, the community center is actually housed in an old fire station. We have to keep part of that historic structure, but this would be to replace the existing facility and expand it to 20,000 square feet. Then Northwest Patrol, so for the police officers in the back, if you're in Northwest, I guess, this would be a new precinct facility for the Northwest Patrol. They're currently in a leased facility that has a cost of over $150,000 a year, so getting the police in a city-owned facility. This would be built on 60 acres of city-owned land, so it would be in a city-owned facility. That's one of the goals of the cities, to move staff out of leased facilities into city-owned facilities. That was a quick review of the projects. The steps going forward were currently in these public meetings. Like I mentioned, we kicked these off back in July at those city-wide open houses, and now we're doing these district town hall meetings. Following that, in October, we'll present the public input we've received and the list of projects to the City Council. Get feedback from City Council. City Council will then vote to call for the election in January or February of 2022. Following that, there'll be a series of public education meetings to get the word out about this bond election and what projects are included on that ballot. And that election then is on Saturday, May 7th, 2022. Any questions? All right. Michelle, do you... All right. Next, we'll have a presentation on the TPW projects that are in District 2. All right. Good evening. I'm Lauren Perrier. I'm the Assistant Director for Capital Delivery. Tonight, we'll talk a little bit about all the projects we have going on within TPW, most notably our arterial projects, our mobility intersection projects, our neighborhood streets. We'll also cover some of the stormwater projects we have going on, as well as some general transportation management updates. So we'll start off with our arterials. So in our arterials category, we had over 60 arterial projects that were weighted against the bond's project prioritization criteria of congestion, capital replacement needs, crash data, equity, public health and safety concerns, our project collaboration opportunities. We mentioned Tarrant County, as well as economic development opportunities. So right now, we have three active or planned arterial projects within Council District 2. So those are Cantrell-Sansham, Cromwell-Muring Creek and WJ Boaz. To date, we've been able to match about $78.4 million from our 2022 bond arterial project funds with the Tarrant County bond fund. And an additional $200 million in leveraging opportunities still remains with Tarrant County. So Cromwell-Muring Creek and WJ Boaz are proposed in our 2022 bond program. We'll receive up to 50% of their project funds from the Tarrant County bond program. So the Cantrell-Sansham Road Project will connect I-35, Southbound Service Road, under construction by text.to the Mark IV Parkway. So this project is funded by transportation impact fees assessed to developers. Right now, we're acquiring right away with construction scheduled for the fall of 2022. The existing asphalt lanes will also be reconstructed in concrete during construction of the two new lanes. So Cromwell-Muring Creek, this project started out in the 2018 bond program as a $12 million project for intersection improvements only, as well as the repaving of the current roadway. So this project is now one of our largest and most impactful bond projects. The project scope was changed by MNC in June of 2020 to acquire right away for the full MTP cross-section of six lanes, and we're building four lanes of those six lanes with a revised estimated cost of about $37 million. So the additional $25 million needed for this project will come from both the 2022 bond program as well as the Tarrant County bond. We're currently in redesign for the four lanes, which started in the summer of 2020 and is currently at 60% complete, with construction anticipated to begin in the fall of 2022. WJ Boaz from Boat Club Road to Elkins School Road is located in both Council District 2 and 7. Tarrant County has committed to funding about $10.7 million of this project with their bond program. So this project will also include a side path also known as a shared use path. We're anticipating a 2025 construction start date due to the complex design to flatten the curve at the intersection as much as possible, along with significant right-of-way acquisition needs and franchise utility relocations. So Meacham is a proposed five-lane undivided thoroughfare. This project is at the tail end of our proposed 2022 bond arterial project list and may be waitlisted until the 2026 bond. So mobility and intersection projects. So construction for the interim roundabout at WJ Boaz and Bowman Roberts started on August 12th of this year. This project is an interim measure using residual 2014 bond funds to improve the safety and operation of the intersection by slowing the vehicular speeds and increasing site distance at the intersection. So this project also includes sidewalks. So construction began this July for the traffic signal at North Main and East Long Avenue. Intersection modifications will improve congestion and reduce the queuing lengths on all four approaches with new cabinets and hardware to be installed. ADA ramps will also be upgraded to meet legal requirements. So construction is currently 30% complete and scheduled for completion in January. So the project at Northwest Loop 820 Marine Creek Parkway is broken down into two phases based on the coordination and approval required from TextDOT. Phase one is at 90% design and scheduled for construction next summer. Phase one includes the installation of an eastbound U-turn lane and the adjacent trail pass. Drivers should see a substantial reduction in delay at this intersection with the phase one change. Phase two is a federally funded and within the TextDOT right away. This project is anticipated to be in construction in the spring of 2024. So traffic signal improvements at East Long Avenue and Dean Road are substantially complete. Intersection improvements at West Long and Angle Avenue are advertising for construction this month with construction scheduled to begin in February. Construction bids for sidewalk improvements within a quarter mile of Diamond Hill. W.J. Turner and Bonnie Bray Elementary Schools will open on September 16th. Construction is scheduled to begin shortly in the new year. So W.J. Turner and Diamond Hill Elementary are obviously in Council District 2. Bonnie Bray Elementary is in Council District 4. So our neighborhood streets projects, the construction of Great Southwest Parkway from the 2018 bond is 75% complete and on schedule for an October completion. This really is an interesting project that may seem simple on the surface but came with a lot of stormwater challenges, arterial waterline crossings, driveway access issues, as well as a subsurface petroleum pipeline. So our neighborhood street projects typically bundle multiple street segments into packages for bidability purposes. Ten street segments are part of this project. We're currently working to complete driveways on North Houston Street. So stormwater management projects are funded separately through a stormwater utility fee that property owners pay as a line item on their water bill for developed properties. So the stormwater management's program mission is to protect people and property from harmful stormwater runoff with a focus on projects that protect life safety. Along those lines, the Loving Avenue project was completed this spring and mitigates hazardous road flooding, protecting the lives of drivers during heavy rain events and also mitigates area home flooding. The Greenfield Acres drainage improvements is a phase flood mitigation project that we've been working on for several years to mitigate home and property flooding. So phase one and two have been completed. Phase three is currently under construction. Phase four is expected to begin next summer and involve construction of a new storm drain in the area shown in yellow. The 28th Street at Decatur H-ROM project is another high-priority lifesaving safety project that will reduce hazardous road overtopping from the LeBeau channel at this crossing through channel improvements expected to begin next spring. So lastly, I wanted to mention that we'll be having some upcoming public engagement efforts to get community feedback on the next potential phases of LeBeau flood mitigation concept plan. The stormwater program has spent roughly 20 million dollars to date implementing pieces of this plan over time and is evaluating the feasibility of another potential phase. So we'll be reaching out in the fall to get your public feedback to help us determine if an acceptable, effective, and affordable phase can be identified next. All right, just a quick summary of transportation management. So Vision Zero, City Council adopted a resolution in November 2019 that supports the development of a Vision Zero strategy to eliminate traffic fatalities and severe injuries. So in support of this effort, transportation and public works initiated a school zone side maintenance program in 2020 to ensure that the safety of our most vulnerable roadway users is enhanced especially as they walk to and from school. So the following schools received updated signs for fresh pavement markings and preventative maintenance on their flashing beacons. So the following sidewalks were repaired or installed in Council District Two this past year. The following streets have received new pavement markings in Council District Two this year. And in summary, over 155 street lights have been upgraded to LED in Council District Two. Over 33 knockdown poles have been reinstalled. Three signals upgraded and over 400 work orders closed. So that concludes my presentation. We do have project maps for the 2022 bond outside. We have plenty of staff here to talk with you about your individual project questions or just questions in general about TBW, but I'll open up the floor now. Yes, ma'am? So I'm not the expert on that, but I will encourage you to listen to the Council Work Session. I believe it's next Tuesday. We'll be having a presentation specifically on that topic. And the question was, you know, how does TBW mitigates and reduce speed in neighborhoods? Are speed bumps or speed tables an option? And I do believe that is the exact subject of a presentation on Tuesday. Absolutely. All right. Thank you. Miss Young, in answer to your question right there, the speed tables or speed cushions, as you refer to them, as being that was brought up, I think, what, two, almost three years ago by myself at Council. And TBW has been studying that. And hence, we're going to have an update on that at our next Council meeting. Next, we're going to get a presentation on the proposed budget. Good evening. I'm Lorraine Coleman. I'm with the Planning and Data Analytics Department. I'm budget manager. I'm here instead of my director who couldn't be here this evening. So some of you, this will be your third time hearing me, at least with bond, you got different folks every night. So, but we're going to talk tonight about, we're going to walk through some of the property tax variables that impact our budget. Then we're going to take a high-level view of the overview of our budget and then talk about the next steps in the process. So I finally got to watch Mark's only presentation he did and he gave away everything at the very beginning. So I'm going to make you all wait till the end to know what the next steps are. So first of all, we're going to talk about the property tax and assessed value and the recommended tax rate and how these things work together. So as you can see from this chart, the City of Fort Worth has continued to enjoy growth over the last seven, eight years and this actually continues on back as well. And what you're looking at here is appraised value, which is market value. So the value of your house, if you were to sell it tomorrow, that's your market or appraised value. That's the top line that the bottom line is your net taxable value. So if you have a homestead exemption on that house, then that becomes your net taxable value. And what we really want to look at is those last two numbers, the 79 billion versus the 87 billion, because it's the change year over year that we've had from 21 going into 22. And so as you can see on this slide, in this current fiscal year, we had 79 billion dollars of value of net taxable value within the City of Fort Worth. Of that, 4.2 billion dollars was a change in existing value. So that's a 5.3 percent increase in average over all existing value this year. Now 3.2 billion dollars of that is attributable to new growth, new houses, new hotels, new businesses, and that accounts for 4.1 percent, which gets us to the FY22 net taxable value of 87 billion dollars. And this net taxable value is what we use to calculate our levy, our revenue as we develop the budget, as we work through the whole process of the budget. And so that we take that net taxable value and from that we determine a tax rate. And this year, we're recommending a tax rate of 0.7325, which is a reduction of a penny and a half off the current rate. And so what we do with that, and you saw this slide in Joel's presentation, but we allocate that tax rate out to various expenses. Now if you go onto our website, and I've told quite a few folks this, you go into the budgets page, you scroll down to the bottom and you're going to see Truth and Taxation. You can look at our calculations each that we have to submit to the state. And you're going to see two rates that we calculate formally. And those are the operations and maintenance, which is just what you think. It's the salaries, it's the maintenance of existing facilities and the programs that we offer throughout the city. And then debt, which pays for the bond programs in the past and those long-term projects and capital assets that we have. As a city, we further separate the operations and maintenance out into just operations. And of that, we allocate 52 cents to those salaries, safety, maintenance operations type. And then we allocate also six and a half cents to what we call PAYGO, or cash-funded capital projects during the year to maintain street lights. And we'll have a list as we get further on. So that's how we allocate those tax dollars, the tax rate. And we'll look and see how that looks in dollars as well. So this slide shows the history since 2013 of our tax rate. And you'll see that beginning in 2017, we began to reduce that tax rate in response to the rising values. So, and over the years, you can see we've lowered it quite a bit. The bottom portion of it shows you what we commit to the PAYGO, that cash-funded maintenance of the infrastructure, as well as to the debt service, and that we're maintaining, you know, we increased it over time and we're maintaining that commitment overall as well. So back to the taxable value. So we take that taxable value, we apply a tax rate, which is 73.25 cents per $100 of value to get to our property tax revenue of $596 million in property tax revenue. So you can see that although our taxable value is up 9.4%, we were able to lower the tax rate one and a half cents, so that our property tax revenue shows an increase of 7%, and remember 4.1% of that is attributable to new construction. So here's what this looks like in terms of dollars. We take that rate and this is a comparison from the current year to the recommended 22 budget. And you can see that for operation and maintenance, we're increasing $26 million. PAYGO, we're increasing $4 million. You see we've got a line on their economic development. We were able this year to put aside a quarter of a cent for economic incentives as we go forward. And then of course, debt increased $6.4 million as well. So this slide kind of shows you what those variables do. So this is for the city of Fort Worth tax rate only. But the example is you have a house that has a taxable value of $200,000 this year. If you increase that value 5.3% on average brings you to $210,000. So this changed your net taxable value. And of course, when you apply the tax rate in each year in 2021, the current year, your taxes would be $1,495 or $4.10 a day. And in 22, it would be $1,543 or 4.23 cents per day, which is an increase of 13 cents per day. It's just one way to look at it. You can apply any type of time to this. But this is just to show that it's the increase for those various factors or the changes. And when you go back to the chart that shows how we allocate those dollars out of your $1,500, $1,232 is going to go to operation and maintenance, which means $1,000 or $1,100 is going to go to the operations. $137 is going to that infrastructure, that pay-as-you-go allocation. And then $311 goes to the debt that we pay. So now we're going to move to the recommended budget. We're going to take a high-level view of what that looks like for this year and what it's going to take to fund the programs and functions of the city. So overall, for all departments, all funds, it's a $1.8 billion budget. And that includes a general fund, which houses most of your services, your safety, your parks, your libraries, your code compliance. And that general fund is 40% of that at $761 million. Your enterprise funds, which are your water and sewer, your solid waste, your storm water, those are 33% of the total or $631 million. Our special revenue funds, which include CPD, culture and tourism type funds, are another $171 million. Internal service funds, which are our fleet services, our risk management fund, is $138 million. Debt service is $128 million, and our fiduciary funds for our health trusts are another $30 million. So when you look at the general fund revenues, you can see by this, okay hopefully, you can see by this chart that approximately 80% of the general fund revenues are generated through taxes, and those are sales taxes and property taxes. And the remainder of the revenue generated in the general fund is through other taxes, transfers in from departments for services rendered internally, charges for services, license and permits, those type of things. So this is just another view of the revenues comparing the current year to the 22 recommended budget. And you can see that at the bottom it's about a $43 million change or about 6% from 21 to 22. And this breaks it down by department. So these are all the departments that are funded through the general fund. And again, this is their current budget versus what will be adopted or recommended for 22. And if we didn't say, if you signed up outside, you will get a copy of this presentation. So you'll have these slides for further review. So of that $43 million, we just increased, we talked about the majority of that $40 million is for these main things. We have a pension contribution. We have collective bargaining for our fire staff, civil service staff. We have opening new facilities, which we do every year. We also have police and wage benefits, a pay for performance program for general employees and economic development incentives. When we look at the enterprise funds at $631 million overall, you can see that water and sewer is the majority of that. We also have solid waste, stormwater, municipal airports and municipal parking. And the good news about those, their budgets is there's no retail water, sewer increases, there's no residential solid waste increases, no stormwater increases and no parking rate increases this year. Our special revenue funds, the top one is CCPD, which is funded through a half penny of sales tax revenue at $92 million. We have the culture and tourism funds and our municipal golf fund is also one of our special revenue funds. These represent $173 million of the total budget. As part of our budget process, we also develop a five-year CIP capital improvement plan, and in the red box is the recommended plan for FY22, which is $442 million, broken down into those specific plans. So Pego funding we talked about, which is what we pay every year. It includes street maintenance, traffic system maintenance, neighborhood improvement strategies, your park maintenance, bridge sidewalks and street lighting. So this slide is just sort of a look at how the revenue impacts per capita. So the 2020 census, our new population number is 918,000. That was last year, we've grown since then. But you know, in FY21, we have $870 million in general fund revenue, or in tax revenue, let me rephrase that. So that's about $946 a year, $2.59 cents. For FY22, that increases to $928 million in tax revenue, and it's about $1,010 a year, billions, millions, years, days. So the next steps, we have a couple more of these town hall meetings, and I believe some of these they are recording, and so you can watch them again online, refer your friends to them. Also, we will be having a council budget work session tomorrow. Tune in, listen. We will have the public hearing on the budget and the tax rate scheduled for September 14th at 7 p.m. at City Hall. And then we have the anticipated budget adoption on the 21st of September, again, 7 p.m. City Hall. And those are the remaining dates of the town halls. So, any questions? Yes, sir? I wanted just to kind of check my math. From what I can see, it sounds like if you consider the rate of inflation and the growth of foreworth, that the increase seems to make sense. So if you consider that the budget is increasing 6%, which you already documented that 4% is attributed to new construction, then the remaining 2% seems to line up with inflation. So am I thinking that correctly in my head that you seem to be kind of in line with growth and inflation? Yes. I just hear about everybody's always talking about how everything keeps going up, but it's like, wow, it seems like it makes sense. I just want to make sure I understood it so I can explain it to somebody else, but it does seem to make sense. Right. Okay. And the last topic that we're going to kind of go over briefly, and I thought maybe the best way to give an overview of this was to go to our webpage on redistricting. So as Council Member Flores mentioned, we will be going through redistricting and we will be adding to new council districts. And so while every 10 years when the census comes out, there usually is some redistricting done, this is especially important because we will be adding the two new council districts. So we have created a webpage on the city's website and you can get to it by fortworthtexas.gov redistricting. And in it, we have tried to put all of the information on redistricting in one place. One of the really important things that we want the community to help with is drawing maps to help us determine what we want those new districts to look like. And to do that, we have partnered with ESRI, which is a software provider, to have a software program where people can go in and create their own maps. So on our webpage, we have a link to the software. We also have information and links to videos that ESRI has provided so that people can watch that and it will help them learn how to use the software. We have had some software training already in the community. Right now, the software is being updated with the new census information. And once that is ready, we're going to do another round of training sessions out in the districts and those will start sometime after September 20th because that's when we anticipate the software being updated. We do have a video of our first training session which is on the website. So if someone is interested in learning, they can watch the video that we have online and they can actually get a copy of the training material. If someone starts to do the training and they have problems, we have an email address that staff monitors that can answer any questions that they have and we can actually come out and do training sessions for your organization. We just did one this past week for 14 people with sorority. So we're able to do that for other organizations. Another important thing that's going on right now is we're registering communities of interest and the reason this is important is last year there was a task force on redistricting and one of the things they wanted to do is to have communities of interest able to self-identify and be protected meaning that they would remain in a council district if that was their preference. So we have a registration form online that communities of interest can use and we will actually add that layer to the software and then those communities will be kept within one council district when the redistricting takes place. We also have all of the information from our redistricting task force that took place, the criteria that they developed and also all of the material and the presentations that happened at each of their meetings is available on the website for anyone to view and we also have redistricting 101 which is a presentation that tells all about redistricting and why it's important and why it's done on the local state and federal level. So I would encourage anybody who's interested in this to visit the website. I also have two handouts out in the front. One talks about the communities of interest and how people can register and the other handout has an overview of all of the redistricting information and a link to the email address for questions but also the website and I'm available if anybody has any questions about redistricting afterwards. Any big questions? Oh we are recording tonight's video and it will be made available. We are also adding Spanish subtitles to the video and we will be sending that out and it will be posted on our YouTube channel. It usually takes about a day for us to add the presentations in and to add the Spanish subtitles but that should be available at the latest like early next week and we'll send that out if you provide your email address. We'll send out a link. All right thank you Michelle and also just that we make sure that we avail ourselves of our four police officers. Chief Aldridge, if you wanted to field any questions if anyone has any questions for PD they can answer them right now. So Chief Aldridge is available and as well. Do we have any questions for PD or anything related to policing? All right well if anyone has any questions after the meeting I think the officers can stick around and field those. So thank you very much everyone for attending appreciate your interest in how your city operates. We endeavor to be as transparent as possible and to give you the information that you need so that you can understand what your elected officials and what your city staff do for you every day. Thank you very much.