HomeMy WebLinkAboutApril 13, 2005 Regular Session BackupTown of Trophy Club
Municipal Utility District No.1 Meeting Agenda
100 Municipal Drive
Trophy Club, Texas 76262
Wednesday, April 13, 2005
6:00 P.M.
A.1 Call to order and announce a quorum.
A.2 Public comments or presentations.
B.1 Discuss and take appropriate action on proposed Oil, Gas & Mineral Lease, Non-Drill
Site/Pooling Agreement with EnCana Oil & Gas (USA), Inc., relating to wastewater
treatment plant site for a 3 year term, 25% royalty, and other terms substantially the same
as executed by the Town of Trophy Club on land at Harmony Park, and authorizing
officers to sign a Lease when final revisions have been made and approved by the
attorney(s) for the District
B.2 Discuss and take appropriate action with regard to Town of Westlake's proposed
amendment to 43.071, Local Government Code.
B.3 Discuss and take appropriate action to explore MUD options in connection with proposed
new development in Trophy Club.
B.4 Discuss and take appropriate action to designate a representative to meet with prospective
developers and express MUD's position.
B.5 Discuss and take appropriate action regarding a resolution nominating Constance White
to the Board of Trustees of the Association of Water Board Directors - Texas
C.1 Finance Update - Roger Unger, Director of Finance
a. 2005-2006 budget update
C.2 Receive District Manager's Report
D.1 Review and Approve Minutes
a. January 12, 2005 regular session
b. February 3, 2005 workshop
c. February 10, special meeting
D.2 Review and Approve Disbursements
a. December 2004
b. January 2005
c. February 2005
D.3 Review Monthly Tax Collection Report
D.4 Set Next Meeting Date
a. Wednesday, June 8, 2005 at 6:00 p.m.
E.1 Closed meeting of the Board of Directors in accordance with Sections 551.071 and
551.072 Tex. Gov. Code: Adjourn into Closed meeting for the following purposes: (1)
To deliberate the lease of real property regarding matters where deliberation in an open
meeting would have a detrimental effect on the position of the District in negotiations
with a third party, as allowed by Section 551.072 of the Texas Government Code, and (2)
for the Board to conduct a private consultation with its attorney(s) to seek advice on legal
matters relating to the lease of real property, pursuant to Section 551.071 of the Texas
Government Code.
f.1 Discuss and take appropriate action concerning discussions held in Closed Session.
F.2 Adjourn.
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.A.1
Call to order and announce a quorum.
(mm)
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.A.2
Public comments or presentations.
(mm)
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.B.1
Discuss and take appropriate action on proposed Oil, Gas & Mineral Lease, Non-
Drill Site/Pooling Agreement with EnCana Oil & Gas (USA), Inc., relating to
wastewater treatment plant site for a 3 year term, 25% royalty, and other terms
substantially the same as executed by the Town of Trophy Club on land at Harmony
Park, and authorizing officers to sign a Lease when final revisions have been made
and approved by the attorney(s) for the District
(mm)
Attachments: 1.
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.B.2
Discuss and take appropriate action with regard to Town of Westlake's proposed
amendment to 43.071, Local Government Code.
EXPLANATION:
This is related to Westlake's ETJ dispute with Roanoke concerning property on the west side of
Hwy. 170.
(wrf/mm)
Attachments: 1.
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.B.3
Discuss and take appropriate action to explore MUD options in connection with
proposed new development in Trophy Club.
(mm)
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.B.4
Discuss and take appropriate action to designate a representative to meet with
prospective developers and express MUD's position.
(mm)
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.B.5
Discuss and take appropriate action regarding a resolution nominating Constance
White to the Board of Trustees of the Association of Water Board Directors - Texas
(mm)
Attachments: 1.Resolution
TROPHY CLUB MUNICIPAL UTILITY DISTRICT #1
RESOLUTION NO. 2005-0413
A RESOLUTION SUPPORTING THE NOMINATION
OF CONSTANCE WHITE TO THE BOARD OF
TRUSTEES OF THE TEXAS ASSOCIATION OF
WATER BOARD DIRECTORS
WHEREAS, Constance White has ably served on the Board of Directors of Trophy Club MUD #1
(the District) since May 1983; and,
WHEREAS, Constance White has demonstrated knowledge of and expertise in all aspects of the
powers, duties, and functions of municipal utility districts; and,
WHEREAS, the Association of Water Board Directors - Texas (“AWBD”) is an organization
dedicated to the goal of enhancing the ability of water board directors to better serve their water districts;
and,
WHEREAS, the District has been a member of the AWBD since 1990; and,
WHEREAS, Constance White has participated actively in AWBD activities since 2000; and,
WHEREAS, the Board of Directors of the Trophy Club Municipal Utility District 1 has determined
that Constance White is of good character and good judgment, possesses the necessary qualifications to
serve as a member of the Board of Trustees of the AWBD and would be an asset to the AWBD and its
member water districts as a member of the Board of Trustees of the AWBD;
NOW, THEREFORE, BE IT RESOLVED THAT THE BOARD OF DIRECTORS OF
TROPHY CLUB MUNICIPAL UTILITY DISTRICT No. 1 THAT:
The Trophy Club Municipal Utility District No. 1 strongly endorses the nomination of Constance White
for membership on the Board of Trustees of the Association of Water Board Directors - Texas.
PASSED AND APPROVED this 13th day of April 2005.
________________________________
Dean Henry
President, Trophy Club MUD Board No.1
ATTEST:
_______________________ [SEAL]
Ted Neidenberger
Vice-President
Trophy Club MUD Board No. 1
CERTIFICATE FOR RESOLUTION
THE STATE OF TEXAS §
§
THE COUNTIES OF DENTON AND TARRANT §
We, the undersigned members of the Board of Directors of the Trophy Club MUD No. 1, Denton and
Tarrant Counties, hereby certify as follows:
1. The Board of Directors of Trophy Club MUD No. 1 convened in regular session on the 13th day
of April 2005, at the regular meeting place within the boundaries of the District and the roll was
called of the duly constituted officers and members of the Board, to wit:
Dean Henry President
Ted Neidenberger Vice President
Jim Hase Secretary/Treasurer
Constance S. White Asst. Secretary
Gary Cantrell Director
and all said persons were present except __________________, thus constituting a quorum.
Whereupon, among other business, the following was transacted at the meeting: a written
RESOLUTION NOMINATING CONSTANCE WHITE TO THE BOARD OF TRUSTEES
OF THE ASSOCIATION OF WATER BOARD DIRECTORS - TEXAS
was introduced for the consideration of the Board. It was then duly moved and seconded that the
Resolution be adopted; and, after due discussion, the motion, carrying with it the adoption of the
Resolution, prevailed and carried by the following vote:
AYES _____ NOES _____
2. That a true, full and correct copy of the aforesaid Resolution adopted at the meeting described in
the above and foregoing paragraph is attached to and follows this certificate; that the Resolution
has been duly recorded in the Board’s minutes of the meeting; that the persons named in the
above and foregoing paragraph are the duly chosen, qualified and acting officers and members of
the Board as indicated therein; that each of the officers and members of the Board was duly and
sufficiently notified officially and personally, in advance, of the time, place and purpose of the
aforesaid meeting, and that the Resolution would be introduced and considered for adoption at the
meeting, and each of the officers and members consented, in advance, to the holding of the
meeting for such purpose; that the meeting was open to the public as required by law; and that the
public notice of the time, place and subject of the meeting was given as required by V.T.C.A.
Government Code, Chapter 551 and Section 49.063, Texas Water Code, as amended.
SIGNED AND SEALED the 13th day of April, 2005.
______________________________ ___________________________________
Dean Henry, President Ted Neidenberger, Vice President
[SEAL]
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.C.1
Finance Update - Roger Unger, Director of Finance
a. 2005-2006 budget update
(RAU)
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.C.2
Receive District Manager's Report
(mm)
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.D.1
Review and Approve Minutes
a. January 12, 2005 regular session
b. February 3, 2005 workshop
c. February 10, special meeting
(mm)
Attachments: 1. Minutes
MINUTES OF REGULAR SESSION
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
January 12, 2005
The Board of Directors of the Trophy Club Municipal Utility District No. 1 of Tarrant and Denton
Counties met in Regular Session on Wednesday, January 12, 2005, at 6:45 p.m., in the Boardroom of the
Trophy Club Administration Building, 100 Municipal Drive, Trophy Club, Texas 76262.
DIRECTORS PRESENT:
Dean Henry President
Ted Neidenberger Vice President
Connie White Secretary/Treasurer
Jim Hase Asst. Secretary/Treasurer
Directors Absent:
Gary Cantrell Director
STAFF AND GUESTS PRESENT:
Walter Fitzpatrick District Manager
Mary Moore Recording Secretary
Bob West MUD 1 Attorney
REGULAR SESSION
A.1 Call meeting to order
President Henry announced a quorum and called the meeting to order at 6:48 p.m.
A.2 Public comments or presentations
None.
B.1 Discussion regarding Town of Marshall Creek's request to be serviced by MUD 2 for water
and sanitary sewer services
District Manager Fitzpatrick distributed a packet containing information regarding Marshall Creek.
District Manager Fitzpatrick explained that Marshall Creek has extensive debt and with their main
revenue being water, it is unclear how Marshall Creek would be able to repay their debt.
No action taken.
B.2 Discuss and take appropriate action to fill the open position on the audit committee made
vacant by the resignation of Director Obermeier
President Henry stated that has asked Director Cantrell to be on the audit committee, and Director
Cantrell stated that he would very much like to be a part of the committee. By consensus, the Board
approved Directors Cantrell and Neidenberger to make up the audit committee.
B.3 Discuss whether District Manager shall have sole discretion to submit or not to submit
monthly agendas (in advance of posting) and minutes (in advance of submission for
approval) to respective MUD Attorneys.
District Manager Fitzpatrick stated in an effort to be prudent, he would like to have the discretion to not
have to submit the minutes and agendas to the district attorneys for their review and comment.
The Board considered and discussed this option; and decided to continue with the current process of
submitting the minutes and agendas to the attorneys for their review and input.
No action taken.
C.1 Receive District Manager's report
1. Registration for AWBD conference January 29-30, 2005
2. Status of agreements proposed to Town concerning:
a) Future use of water and sewer capacities in new development
b) Intergovernmental contract for employees (Presently between Town and MUD1; amended
agreement substitutes Master District for MUD 1.)
3. Lawsuits:
a) Kacala
b) Carr
4. WWTP clarifier update
5. Audit workshop on Thursday, February 3, 2005 at 6:00 p.m. MUD 2 will meet at 6:30 p.m.
Master District at 7:00. MUD 1 will meet briefly to affirm the audit on Thursday, February 10,
2005, at 6:00 p.m.
6. Items to be placed on future agendas
District Manager Fitzpatrick updated the Board and addressed the Board’s questions.
D.2 Review and Approve Minutes:
a. November 11, 2004 - Regular Session
Director Neidenberger moved to approve the November 11, 2004 Regular Session minutes. Director
White seconded; motion carried unanimously.
D.3 Review and Approve Disbursements
Director Neidenberger moved to approve the October 2004 disbursements. Director White seconded;
motion carried unanimously.
Director Neidenberger moved to approve the November 2004 disbursements. Director Hase seconded;
motion carried unanimously.
D.4 Review monthly tax collection report
a. November 2004
The monthly tax collection report was discussed and reviewed with no action taken.
D.5 Set next meeting date(s)
a. A workshop to review the audit is scheduled for Thursday, February 3, 2005, at 6: 00 p.m.
b. A brief meeting to affirm the audit is scheduled for Thursday, February 10, 2005 at 6:00 p.m.
c. The next regularly scheduled meeting date is Wednesday, March 9, 2005, at 6:00 p.m.
The Board agreed to hold their meetings on the above-listed dates and times.
F.1 Adjourn
Meeting adjourned at 7:40 p.m.
__________________________________
Dean Henry, President (SEAL)
___________________________________
Constance S. White, Secretary/Treasurer
____________________________________
Mary Moore, Recording Secretary
MINUTES OF WORKSHOP SESSION
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
FEBRUARY 3, 2005
The Board of Directors of the Trophy Club Municipal Utility District No. 1 of Tarrant and Denton
Counties met in Workshop Session on Thursday, February 3, 2005, at 6:00 p.m., in the Boardroom of the
Trophy Club Administration Building, 100 Municipal Drive, Trophy Club, Texas 76262.
DIRECTORS PRESENT:
Dean Henry President
Ted Neidenberger Vice President
Jim Hase Asst. Secretary/Treasurer
Gary Cantrell Director
Directors Absent:
Connie White Secretary/Treasurer
STAFF AND GUESTS PRESENT:
Walter Fitzpatrick District Manager
Roger Unger Finance Director
Jan Woodruff Financial Analyst
Chris Rutledge Auditor
WORKSHOP SESSION
A.1 Call meeting to order
President Henry announced a quorum and called the meeting to order at 6:08 p.m.
Note: No formal votes will be taken on any agenda items.
B.1 Review and discuss the 2003 - 2004 financial audit for MUD 1
Chris Rutledge addressed the Boards’ questions regarding MUD 1’s 2003-2004 financial audit.
The Board reviewed and discussed the audit.
F.1 Adjourn.
Meeting adjourned at 6:50 p.m.
__________________________________
Dean Henry, President
(SEAL)
____________________________________
Constance S. White, Secretary/Treasurer
____________________________________
Mary Moore, Recording Secretary
MINUTES OF SPECIAL SESSION
TROPHY CLUB MUNICIPAL UTILITY DISTRICT NO. 1
FEBRUARY 10, 2005
The Board of Directors of the Trophy Club Municipal Utility District No. 1 of Tarrant and Denton
Counties met in Special Session on Thursday, February 10, 2005, at 6:00 p.m., in the Boardroom of the
Trophy Club Administration Building, 100 Municipal Drive, Trophy Club, Texas 76262.
DIRECTORS PRESENT:
Ted Neidenberger Vice President
Connie White Secretary/Treasurer
Jim Hase Asst. Secretary/Treasurer
DIRECTORS ABSENT:
Dean Henry President
Gary Cantrell Director
STAFF AND GUESTS PRESENT:
Walter Fitzpatrick District Manager
Roger Unger Finance Director
Mary Moore Recording Secretary
Chris Rutledge Auditor
Bob West MUD 1 Attorney
SPECIAL SESSION
A.1 Call meeting to order
Vice President Neidenberger announced a quorum and called the meeting to order at 6:02 p.m.
A.2 Public comments or presentations.
None.
B.1 Discuss and take appropriate action regarding approval of the 2003 - 2004 financial audit
for Municipal Utility District No. 1 (Chris Rutledge, Auditor)
Director Hase moved to approve the 2003-2004 MUD 1 Financial Audit. Director White seconded;
motion carried unanimously.
D.1 Set Next Meeting Date
a. Wednesday, March 9, 2005 at 6:00 p.m.
Board deferred their next meeting to Wednesday, April 13, 2005 at 6:00 p.m.
F.1 Adjourn.
Meeting adjourned at 6:07 p.m.
__________________________________
Ted Neidenberger, Vice President
(SEAL)
___________________________________
Constance S. White, Secretary/Treasurer
____________________________________
Mary Moore, Recording Secretary
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.D.2
Review and Approve Disbursements
a. December 2004
b. January 2005
c. February 2005
(mm)
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.D.3
Review Monthly Tax Collection Report
EXPLANATION:
December 2004 and February 2005
(mm)
Attachments: 1. Tax Collection Reports
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.D.4
Set Next Meeting Date
a. Wednesday, June 8, 2005 at 6:00 p.m.
(mm)
Attachments: 1. Calendar
MUNICIPAL UTILITY DISTRICT #1
From: The Office of the Municipal Utility District#1 Date: 4-13-2005
Subject: Agenda Item No.F.2
Adjourn.
(mm)
Bank Balance Form
Month January 2005
MUD 1
FUND CASH G/L ACCOUNT NAME BANK AMOUNT
132 10100 MUD 1 O&M NW Bank $239,381.77
532 10100 MUD 1 I&S NW Bank $303,346.15
132 10250 MUD 1 O&M Texpool $457,331.45
532 10250 MUD 1 I&S Texpool $309,991.22
Total $1,310,050.59
Total O&M $696,713.22
Total I&S $613,337.37
glptbds RGONZALE Trophy Club Entities Page 42 11:49 02/14/05 BUDGET SUMMARY Fund: 132 TROPHY CLUB M.U.D. 1 Department: Revenues Program: Period Ending: 01/2005 Account Description Total Total Current YTD % of Remaining Budget Encumb. Month Total Budget Budget 132-40000-000-000 Property Taxes │ 53,227.00-│ │ 33,188.16-│ 49,539.10-│ 93.071 3,687.90- 132-40010-000-000 Property Taxes/MUD Fire │ 440,350.00-│ │ 274,353.34-│ 405,797.81-│ 92.153 34,552.19- 132-40015-000-000 Property Taxes/P & I │ 500.00-│ │ 6.69-│ 147.04-│ 29.408 352.96- 132-40020-000-000 Property Taxes/Fire P&I │ 2,300.00-│ │ 11.99-│ 359.83-│ 15.645 1,940.17- Subtotal: │ 496,377.00-│ │ 307,560.18-│ 455,843.78-│ 91.834 40,533.22- 132-49010-000-000 Interest Income │ 2,500.00-│ │ 657.34-│ 1,827.40-│ 73.096 672.60- 132-49035-000-000 Reserves │ 25,065.65-│ │ │ │ 25,065.65- Subtotal: │ 27,565.65-│ │ 657.34-│ 1,827.40-│ 6.629 25,738.25- Program number: │ 523,942.65-│ │ 308,217.52-│ 457,671.18-│ 87.351 66,271.47- Department number: Revenues │ 523,942.65-│ │ 308,217.52-│ 457,671.18-│ 87.351 66,271.47- Revenues Subtotal - - - - - - │ 523,942.65-│ │ 308,217.52-│ 457,671.18-│ 87.351 66,271.47- . │ │ │ │ │
glptbds RGONZALE Trophy Club Entities Page 43 11:49 02/14/05 BUDGET SUMMARY Fund: 132 TROPHY CLUB M.U.D. 1 Department: 50 Operating & Maintenance Program: Period Ending: 01/2005 Account Description Total Total Current YTD % of Remaining Budget Encumb. Month Total Budget Budget 132-50005-050-000 Salaries & Wages │ 9,600.00 │ │ 400.00 │ 1,000.00 │ 10.417 8,600.00 132-50030-050-000 Social Security Taxes │ 600.00 │ │ 24.80 │ 62.00 │ 10.333 538.00 132-50035-050-000 Medicare Taxes │ 140.00 │ │ 5.80 │ 14.50 │ 10.357 125.50 132-50040-050-000 Unemployment Taxes │ 240.00 │ │ 9.20 │ 23.00 │ 9.583 217.00 132-50045-050-000 Workman's Compensation │ 84.00 │ │ │ 40.97 │ 48.774 43.03 Subtotal: │ 10,664.00 │ │ 439.80 │ 1,140.47 │ 10.695 9,523.53 132-55045-050-000 Legal │ 12,000.00 │ │ │ 1,548.86 │ 12.907 10,451.14 132-55055-050-000 Auditing │ 5,000.00 │ │ │ 5,750.00 │ 115.000 750.00- 132-55065-050-000 Tax Admin Fees │ 12,000.00 │ │ │ 3,509.91 │ 29.249 8,490.09 132-55160-050-000 Professional Outside Services │ 1,000.00 │ │ │ │ 1,000.00 Subtotal: │ 30,000.00 │ │ │ 10,808.77 │ 36.029 19,191.23 132-60055-050-000 Insurance │ 4,500.00 │ │ │ 2,826.37 │ 62.808 1,673.63 132-60070-050-000 Dues & Memberships │ 1,150.00 │ │ │ 585.00 │ 50.870 565.00 132-60080-050-000 Schools & Training │ 1,500.00 │ │ │ 680.00 │ 45.333 820.00 132-60100-050-000 Travel & per diem │ 6,000.00 │ │ 656.30 │ 656.30 │ 10.938 5,343.70 132-60245-050-000 Miscellaneous Expenses │ 200.00 │ │ │ │ 200.00 132-60345-050-000 Fire Dept. Funding │ 440,350.00 │ │ │ │ 440,350.00 Subtotal: │ 453,700.00 │ │ 656.30 │ 4,747.67 │ 1.046 448,952.33 132-65085-050-000 Office Supplies │ 200.00 │ │ │ │ 200.00 Subtotal: │ 200.00 │ │ │ │ 200.00 132-69150-050-000 WW Plant Renovation │ │ │ 2,002.42 │ 2.42 │ 2.42- 132-69290-050-000 To MUD2 Water Plant Renovation │ 29,378.65 │ │ │ │ 29,378.65 Subtotal: │ 29,378.65 │ │ 2,002.42 │ 2.42 │ .008 29,376.23 Program number: │ 523,942.65 │ │ 3,098.52 │ 16,699.33 │ 3.187 507,243.32 Department number: 50 Operating & Maintenance │ 523,942.65 │ │ 3,098.52 │ 16,699.33 │ 3.187 507,243.32 Expenditures Subtotal - - - - - - │ 523,942.65 │ │ 3,098.52 │ 16,699.33 │ 3.187 507,243.32 Fund number: 132 TROPHY CLUB M.U.D. 1 O & M │ │ │ 305,119.00-│ 440,971.85-│ 440,971.85 . │ │ │ │ │
glptbds RGONZALE Trophy Club Entities Page 62 11:49 02/14/05 BUDGET SUMMARY Fund: 532 TROPHY CLUB M.U.D. 1 Department: Revenues Program: Period Ending: 01/2005 Account Description Total Total Current YTD % of Remaining Budget Encumb. Month Total Budget Budget 532-40000-000-000 Property Taxes │ 639,015.60-│ │ 398,120.22-│ 588,769.23-│ 92.137 50,246.37- 532-40015-000-000 Property Taxes/P & I │ 4,000.00-│ │ 12.50-│ 571.64-│ 14.291 3,428.36- Subtotal: │ 643,015.60-│ │ 398,132.72-│ 589,340.87-│ 91.653 53,674.73- 532-49010-000-000 Interest Income │ 3,500.00-│ │ 301.30-│ 400.27-│ 11.436 3,099.73- 532-49070-000-000 Roanoke Annual Water Line Pmt │ 11,831.40-│ │ │ │ 11,831.40- Subtotal: │ 15,331.40-│ │ 301.30-│ 400.27-│ 2.611 14,931.13- Program number: │ 658,347.00-│ │ 398,434.02-│ 589,741.14-│ 89.579 68,605.86- Department number: Revenues │ 658,347.00-│ │ 398,434.02-│ 589,741.14-│ 89.579 68,605.86- Revenues Subtotal - - - - - - │ 658,347.00-│ │ 398,434.02-│ 589,741.14-│ 89.579 68,605.86- . │ │ │ │ │
glptbds RGONZALE Trophy Club Entities Page 63 11:49 02/14/05 BUDGET SUMMARY Fund: 532 TROPHY CLUB M.U.D. 1 Department: 51 Interest & Sinking Program: Period Ending: 01/2005 Account Description Total Total Current YTD % of Remaining Budget Encumb. Month Total Budget Budget 532-70005-051-000 Paying Agent Fee │ 3,000.00 │ │ 636.00 │ 636.00 │ 21.200 2,364.00 532-70025-051-000 Bond Interest Expense │ 130,347.00 │ │ │ │ 130,347.00 532-70035-051-000 Bond Principal Payment │ 525,000.00 │ │ │ │ 525,000.00 Subtotal: │ 658,347.00 │ │ 636.00 │ 636.00 │ .097 657,711.00 Program number: │ 658,347.00 │ │ 636.00 │ 636.00 │ .097 657,711.00 Department number: 51 Interest & Sinking │ 658,347.00 │ │ 636.00 │ 636.00 │ .097 657,711.00 Expenditures Subtotal - - - - - - │ 658,347.00 │ │ 636.00 │ 636.00 │ .097 657,711.00 Fund number: 532 TROPHY CLUB M.U.D. 1 I & S │ │ │ 397,798.02-│ 589,105.14-│ 589,105.14 ******* End of Report ********* │ │ │ │ │
Bank Balance Form
Month February 2005
MUD 1
FUND CASH G/L ACCOUNT NAME BANK AMOUNT
132 10100 MUD 1 O&M NW Bank $26,893.97
532 10100 MUD 1 I&S NW Bank $28,468.01
132 10250 MUD 1 O&M Texpool $708,441.76
532 10250 MUD 1 I&S Texpool $589,208.83
Total $1,353,012.57
Total O&M $735,335.73
Total I&S $617,676.84
glptbds RGONZALE Trophy Club Entities Page 42 12:17 03/11/05 BUDGET SUMMARY Fund: 132 TROPHY CLUB M.U.D. 1 Department: Revenues Program: Period Ending: 02/2005 Account Description Total Total Current YTD % of Remaining Budget Encumb. Month Total Budget Budget 132-40000-000-000 Property Taxes │ 53,227.00-│ │ 4,538.49-│ 52,128.92-│ 97.937 1,098.08- 132-40010-000-000 Property Taxes/MUD Fire │ 440,350.00-│ │ 36,548.00-│ 442,345.81-│ 100.453 1,995.81 132-40015-000-000 Property Taxes/P & I │ 500.00-│ │ 61.58-│ 208.62-│ 41.724 291.38- 132-40020-000-000 Property Taxes/Fire P&I │ 2,300.00-│ │ 261.83-│ 621.66-│ 27.029 1,678.34- Subtotal: │ 496,377.00-│ │ 41,409.90-│ 495,305.01-│ 99.784 1,071.99- 132-49010-000-000 Interest Income │ 2,500.00-│ │ 1,120.46-│ 2,947.86-│ 117.914 447.86 132-49035-000-000 Reserves │ 25,065.65-│ │ │ │ 25,065.65- Subtotal: │ 27,565.65-│ │ 1,120.46-│ 2,947.86-│ 10.694 24,617.79- Program number: │ 523,942.65-│ │ 42,530.36-│ 498,252.87-│ 95.097 25,689.78- Department number: Revenues │ 523,942.65-│ │ 42,530.36-│ 498,252.87-│ 95.097 25,689.78- Revenues Subtotal - - - - - - │ 523,942.65-│ │ 42,530.36-│ 498,252.87-│ 95.097 25,689.78- . │ │ │ │ │
glptbds RGONZALE Trophy Club Entities Page 43 12:17 03/11/05 BUDGET SUMMARY Fund: 132 TROPHY CLUB M.U.D. 1 Department: 50 Operating & Maintenance Program: Period Ending: 02/2005 Account Description Total Total Current YTD % of Remaining Budget Encumb. Month Total Budget Budget 132-50005-050-000 Salaries & Wages │ 9,600.00 │ │ 700.00 │ 1,700.00 │ 17.708 7,900.00 132-50030-050-000 Social Security Taxes │ 600.00 │ │ 43.40 │ 105.40 │ 17.567 494.60 132-50035-050-000 Medicare Taxes │ 140.00 │ │ 10.15 │ 24.65 │ 17.607 115.35 132-50040-050-000 Unemployment Taxes │ 240.00 │ │ 16.10 │ 39.10 │ 16.292 200.90 132-50045-050-000 Workman's Compensation │ 84.00 │ │ │ 40.97 │ 48.774 43.03 Subtotal: │ 10,664.00 │ │ 769.65 │ 1,910.12 │ 17.912 8,753.88 132-55045-050-000 Legal │ 12,000.00 │ │ 595.58 │ 2,144.44 │ 17.870 9,855.56 132-55055-050-000 Auditing │ 5,000.00 │ │ 1,900.00 │ 7,650.00 │ 153.000 2,650.00- 132-55065-050-000 Tax Admin Fees │ 12,000.00 │ │ │ 3,509.91 │ 29.249 8,490.09 132-55160-050-000 Professional Outside Services │ 1,000.00 │ │ │ │ 1,000.00 Subtotal: │ 30,000.00 │ │ 2,495.58 │ 13,304.35 │ 44.348 16,695.65 132-60055-050-000 Insurance │ 4,500.00 │ │ │ 2,826.37 │ 62.808 1,673.63 132-60070-050-000 Dues & Memberships │ 1,150.00 │ │ │ 585.00 │ 50.870 565.00 132-60080-050-000 Schools & Training │ 1,500.00 │ │ │ 680.00 │ 45.333 820.00 132-60100-050-000 Travel & per diem │ 6,000.00 │ │ 1,253.10 │ 1,909.40 │ 31.823 4,090.60 132-60245-050-000 Miscellaneous Expenses │ 200.00 │ │ │ │ 200.00 132-60345-050-000 Fire Dept. Funding │ 440,350.00 │ │ │ │ 440,350.00 Subtotal: │ 453,700.00 │ │ 1,253.10 │ 6,000.77 │ 1.323 447,699.23 132-65085-050-000 Office Supplies │ 200.00 │ │ │ │ 200.00 Subtotal: │ 200.00 │ │ │ │ 200.00 132-69150-050-000 WW Plant Renovation │ │ │ │ 2,002.42 │ 2,002.42- 132-69290-050-000 To MUD2 Water Plant Renovation │ 29,378.65 │ │ │ │ 29,378.65 Subtotal: │ 29,378.65 │ │ │ 2,002.42 │ 6.816 27,376.23 Program number: │ 523,942.65 │ │ 4,518.33 │ 23,217.66 │ 4.431 500,724.99 Department number: 50 Operating & Maintenance │ 523,942.65 │ │ 4,518.33 │ 23,217.66 │ 4.431 500,724.99 Expenditures Subtotal - - - - - - │ 523,942.65 │ │ 4,518.33 │ 23,217.66 │ 4.431 500,724.99 Fund number: 132 TROPHY CLUB M.U.D. 1 O & M │ │ │ 38,012.03-│ 475,035.21-│ 475,035.21 . │ │ │ │ │
glptbds RGONZALE Trophy Club Entities Page 62 12:17 03/11/05 BUDGET SUMMARY Fund: 532 TROPHY CLUB M.U.D. 1 Department: Revenues Program: Period Ending: 02/2005 Account Description Total Total Current YTD % of Remaining Budget Encumb. Month Total Budget Budget 532-40000-000-000 Property Taxes │ 639,015.60-│ │ 52,926.47-│ 638,895.42-│ 99.981 120.18- 532-40015-000-000 Property Taxes/P & I │ 4,000.00-│ │ 352.07-│ 923.71-│ 23.093 3,076.29- Subtotal: │ 643,015.60-│ │ 53,278.54-│ 639,819.13-│ 99.503 3,196.47- 532-49010-000-000 Interest Income │ 3,500.00-│ │ 908.28-│ 1,308.55-│ 37.387 2,191.45- 532-49070-000-000 Roanoke Annual Water Line Pmt │ 11,831.40-│ │ 11,831.40-│ 11,831.40-│ 100.000 Subtotal: │ 15,331.40-│ │ 12,739.68-│ 13,139.95-│ 85.706 2,191.45- Program number: │ 658,347.00-│ │ 66,018.22-│ 652,959.08-│ 99.182 5,387.92- Department number: Revenues │ 658,347.00-│ │ 66,018.22-│ 652,959.08-│ 99.182 5,387.92- Revenues Subtotal - - - - - - │ 658,347.00-│ │ 66,018.22-│ 652,959.08-│ 99.182 5,387.92- . │ │ │ │ │
glptbds RGONZALE Trophy Club Entities Page 63 12:17 03/11/05 BUDGET SUMMARY Fund: 532 TROPHY CLUB M.U.D. 1 Department: 51 Interest & Sinking Program: Period Ending: 02/2005 Account Description Total Total Current YTD % of Remaining Budget Encumb. Month Total Budget Budget 532-70005-051-000 Paying Agent Fee │ 3,000.00 │ │ │ 636.00 │ 21.200 2,364.00 532-70025-051-000 Bond Interest Expense │ 130,347.00 │ │ 61,678.75 │ 61,678.75 │ 47.319 68,668.25 532-70035-051-000 Bond Principal Payment │ 525,000.00 │ │ │ │ 525,000.00 Subtotal: │ 658,347.00 │ │ 61,678.75 │ 62,314.75 │ 9.465 596,032.25 Program number: │ 658,347.00 │ │ 61,678.75 │ 62,314.75 │ 9.465 596,032.25 Department number: 51 Interest & Sinking │ 658,347.00 │ │ 61,678.75 │ 62,314.75 │ 9.465 596,032.25 Expenditures Subtotal - - - - - - │ 658,347.00 │ │ 61,678.75 │ 62,314.75 │ 9.465 596,032.25 Fund number: 532 TROPHY CLUB M.U.D. 1 I & S │ │ │ 4,339.47-│ 590,644.33-│ 590,644.33 ******* End of Report ********* │ │ │ │ │