AGENDAmclennancad.org/data/_uploaded/file/GenApprInfo/SCANNED PACKE… · agenda meeting called to...

BOARD OF DIRECTORS MEETING MAY 24, 2017 9:00 A.M.

MCLENNAN COUNTY APPRAISAL DISTRICT 315 S. 26TH STREET

WACO, TEXAS 76710

1 OF 2

AGENDA

MEETING CALLED TO ORDER

BUSINESS SESSION

ITEMS REQUIRING BOARD ACTION

1. MINUTES OF APRIL 26, 2017 MEETING.

2. BOARD TO REVIEW AND ACCEPT 2016 FINANCIAL AUDIT BY PATILLO, BROWN, & HILL

L.L.P.

3. BOARD TO CONSIDER RESOLUTION 2017-4 FOR THE DESIGNATION OF COMMITED

EXCESS FUNDS FROM THE 2016 BUDGET.

4. BOARD TO CONSIDER PURCHASE OF ADDITIONAL APPRAISAL SOFTWARE USER

LICENSES.

5. BOARD TO CONSIDER APPROVING REVISED 2017 JRBT ENGAGEMENT LETTER.

PUBLIC COMMENT

DISCUSSION ITEM

1. REVIEW AND DISCUSS INTERIM FINANCIAL REPORTS.

2. REVIEW AND DISCUSS 2018 PRELIMINARY BUDGET.

MANAGEMENT AND COMMITTEE REPORTS

1. TAXPAYER LIAISON REPORT.• TAXPAYER COMPLAINTS.• 2017 ARB UPDATES.

2. CHIEF APPRAISER REPORT TO INCLUDE UPDATES REGARDING: APPRAISALS, ARB,

ARBITRATIONS, LAWSUITS, TRAINING & EDUCATION, OPEN RECORDS REQUESTS,

MCAD BUILDING AND MISCELLANEOUS ISSUES.

BOARD OF DIRECTORS MEETING MAY 24, 2017 9:00 A.M.

MCLENNAN COUNTY APPRAISAL DISTRICT 315 S. 26TH STREET

WACO, TEXAS 76710

2 OF 2

EXECUTIVE SESSION

(NOTE FOR THIS ITEM: THE BOARD OF DIRECTORS WILL BE IN CLOSED SESSION FOR THIS ITEM) a. THE APPOINTMENT, EMPLOYMENT, EVALUATION, REASSIGNMENT, DUTIES, DISCIPLINE, OR DISMISSAL OF AN

OFFICER OR EMPLOYEE, SUPERVISOR, CHIEF APPRAISER (TEX. GOVT. CODE SEC.551.074)(A)

b. A PRIVATE CONSULTATION WITH THE BOARD'S ATTORNEY ON MATTERS IN WHICH THE DUTY OF THE ATTORNEY TO THE GOVERNMENTAL BODY UNDER THE TEXAS DISCIPLINARY RULES OF PROFESSIONAL CONDUCT OF THE STATE BAR OF TEXAS CLEARLY CONFLICTS WITH THE OPEN MEETINGS ACT OR PENDING OR CONTEMPLATED LITIGATION, AS AUTHORIZED BY LAW (TEX. GOVT. CODE SECTION 551.071 2010-3715-5, 2012-3811-3 C & N JOINT VENTURE, 2012-3588-5 CLEMENTS JASON & JILL, 2012-3724-5 KRISHNA RAM, 2012-3723-5 WALGREEN COMPANY , 2013-3120-4 BRAZOS CONDOS, 2013-3711-4 HOLLYWOOD THEATRES, 2013-3838-4 C &N JOINT VENTURE, 2014-3244-5 BRAUDAWAY ENTERPRISE, LLC. , 2014-3248-4 SMV WACO GREENVIEW, 2014-3249-5 GRAYHAWKSDENE LP, 2014-3449-5 TARGET CORPORATION, LP, 2014-3858-5 LAKESHOREPARTNERSLP, 2014-3906-5 PROJECT COUNTRY PLACE. LTD, 2015-3314-5 CATERPILLAR WORK TOOLS INC, 2015-3262-5 BAT RIVERBEND LLC, 2015-3286-5 BUENGER O C , 2015-3444-5 DUKE REALTY WACO DEVELOPMENT, 2015-3519-4 DWIGHTS DISCOUNT VACUUM, 2015-3527-5 BIG DIAMOND LLC, 2015-3573-5 2509 LAKESHORE PARTNERS LP, 2015-3550-4 HUNTER-MANKINS LLP, 2015-3532-5 ASPEN HEIGHTS WACO PROJECT LTD, 2015-3665-5 CHICK-FIL-A INC, 2015-3833-4 LG VALLEY MILLS 35 LLC & GANDER MOUNTAIN CO, INC, 2016-2931-5 SUPREME BRIGHT WACO II LLC, 2016-2942-4 DHRUVKISH PARTNERS LTD, 2016-2945-3 BDR WACO INVESTMENTS INC, 2016-2970-5 SPRING WACO LP, 2016-3000-4 DUKE REALTY (SEAVEST), 2016-3002-5 BRAZOS CONDOS I LP, 2016-3003-4 BRAZOS RIVER PARTNERSHIP, 2016-3004-4 WESTDALE PROPERTIES, 2016-3116-5 CBL RM-WACO, LLC RICHLAND MALL, 2016-3135-5 CHICK FIL A , INC, 2016-3159-5 INDIAN RIDGE LLC & PECAN CREEK PARTNERSHIP LTD, 2016-3153-4 IN-N-OUT BURGERS, 2016-3139-4 KEY HOTEL DBA INDIGO HOTEL, 2016-3238-5 TRUE ORCHIDS OF TEXAS LLC, 2016-3234-4 AMBASSADOR RESIDENCE LLC, 2016-3235-5 FRENCH QUARTER LLC, 2016-3237-4 TENNYSON ARMS LLC, 2016-3261-4 ASPEN HEIGHTS WACO PROJECT LTD, 2016-3253-4 TARGET CORPORATION, 2016-3387-4 2509 LAKESHORE PARTNERS LP, 2016-3386-5 PROGRESSIVE INNS INC, 2016-3381-5 S2S DOMAIN WACO ASSOCIATES LLC, 2016-3389-5 HEB GROCERY COMPANY LP, 2016-3390-4 BIG DIAMOND, 2016-3414-4 PROJECT COUNTRY PLACE LTD, 2016-3532-4 MARS CHOCOLATE NORTH AMERICA LLC, 2016-3528-4 JPMCC 2007 CIBC19 WACO RETAIL LLC, 2016-3533-4 WRIGLEY MANUFACTURING, 2016-3597-5 BRAZOS PARK APARTMENTS LTD, 2016-3596-3 TEXAS E CREST LTD, 2016-3598-4 TX SHERMAN MANOR APTS.LTD, 2016-3600-4 CYNTHIA P CONNELL 1998 FAMILY TRUST, 2016-3599-4 ROLLING DOUGH LTD .

BUSINESS SESSION (CONTINUED)

OTHER ITEMS

1. ACTION ON ITEMS DISCUSSED IN CLOSED SESSION. 2. SET NEXT MEETING DATE AND AGENDA ITEMS.

3. ADJOURNMENT.

McLENNAN COUNTY APPRAISAL DISTRICT BOARD OF DIRECTORS MEETING

APRIL 26, 2017 9:30 A.M. McLennan County Appraisal District

315 S. 26th St. Waco, TX 76710

The Board of Directors of the McLennan County Appraisal District met at 9:30 a.m. on Wednesday, April 26, 2017, at the McLennan County Appraisal District, 315 S. 26Th St., Waco, TX 76710. The notice of such meeting was duly posted by 5:00 p.m., April 21, 2017.

The members present for the meeting were: Mr. John Kinnaird, Mr. Allen Sykes, Mr. Tom Pagel, and Mr. Ben Perry. Also present at the meeting were Mr. Kirk Sweeney, Mr. Andrew Hahn, Mr. Joe Bobbitt, Ms. Erin O’Brate, Mrs. Lisa Gonzalez and Mrs. Betty Sanchez. Randy Riggs arrived at 9:33 a.m.

John Kinnaird called the meeting to order at 9:30 a.m.

Items for Board Action:

Item #1 Minutes of the January 25, 2017, meeting were approved as submitted.

Item #2 Minutes of the March 1, 2017 meeting were approved as submitted.

Item #3 Amend district Purchasing Policy: Joe Don Bobbitt presented. Ben Perry motioned to approve amended district Purchasing Policy as presented. Tom Pagel seconded. No opposition.

Item #4 Board to review RFP 2017-1 Street Level Photography Responses and consider awarding contract: Joe Don Bobbitt presented. Board discussed. Ben Perry motioned to award RFP 2017-1 to Tyler and Allen Sykes seconded. No opposition.

Public Comment: None.

Discussion Items:

Item #1 Review and discuss Interim Financial Reports: Mr. Hahn presented. Board discussed.

Item #2 Review and discuss 2018 Preliminary Budget: Mr. Hahn presented. John Kinnaird requested that we increase the amount for legal services. Board discussed. Longevity increase was discussed and the board asked that we look into comparable CAD’s policy on longevity.

McLENNAN COUNTY APPRAISAL DISTRICT BOARD OF DIRECTORS MEETING

APRIL 26, 2017 9:30 A.M. McLennan County Appraisal District

315 S. 26th St. Waco, TX 76710

Management and Committee Reports:

Item #1 Taxpayer Liaison Report: Betty Sanchez presented report. No taxpayer complaints. ARB hearings will begin May 22, 2017.

Item #2 Chief Appraiser Update: Mr. Hahn presented report.

Executive Session: None.

The next meeting date has been set for May 24, 2017 at 12:30 p.m. Items for the Agenda will be the 2018 Budget, 2016 Audit Presentation and discussion, and any other items which may be added in the interim.

There is no other business to come before the board; the meeting adjourned 10:38 a.m.

__________________________________________ Allen Sykes, Secretary

McLENNAN COUNTY

APPRAISAL DISTRICT

ANNUAL FINANCIAL REPORT

DECEMBER 31, 2016

McLENNAN COUNTY APPRAISAL DISTRICT

TABLE OF CONTENTS

DECEMBER 31, 2016

Page

Number

Independent Auditors’ Report ................................................................................................ 1 – 3

Management’s Discussion and Analysis ............................................................................... 4 – 7

Basic Financial Statements:

Statement of Net Position and Governmental Fund Balance Sheet .................................... 8

Statement of Activities and Governmental Fund Revenues,

Expenditures and Changes in Fund Balance .................................................................... 9

Notes to Financial Statements ............................................................................................. 10 – 21

Required Supplementary Information:

Schedule of Revenues, Expenditures and Changes in

Fund Balance – Budget and Actual ................................................................................. 22

Schedule of Changes in Net Pension Liability and Related Ratios .................................... 23

Texas County and District Retirement System –

Schedule of Employer Contributions ............................................................................... 24

Notes to Schedule of Employer Contributions ................................................................... 25

Compliance Section:

Independent Auditors’ Report on Internal Control Over Financial

Reporting and on Compliance and Other Matters Based on an

Audit of Financial Statements Performed in Accordance with

Government Auditing Standards ...................................................................................... 26 – 27

THIS PAGE LEFT BLANK INTENTIONALLY

INDEPENDENT AUDITORS’ REPORT

To the Board of Directors

of McLennan County Appraisal District

Waco, Texas

Report on the Financial Statements

We have audited the accompanying financial statements of the governmental activities and the

major fund of McLennan County Appraisal District, as of and for the year ended December 31, 2016,

and the related notes to the financial statements, which collectively comprise McLennan County

Appraisal District’s basic financial statements as listed in the table of contents.

Management’s Responsibility for the Financial Statements

McLennan County Appraisal District’s management is responsible for the preparation and fair

presentation of these financial statements in accordance with accounting principles generally accepted in

the United States of America; this includes the design, implementation, and maintenance of internal

control relevant to the preparation and fair presentation of financial statements that are free from

material misstatement, whether due to fraud or error.

Auditors’ Responsibility

Our responsibility is to express opinions on these financial statements based on our audit. We

conducted our audit in accordance with auditing standards generally accepted in the United States of

America and the standards applicable to financial audits contained in Government Auditing Standards,

issued by the Comptroller General of the United States. Those standards require that we plan and

perform the audit to obtain reasonable assurance about whether the financial statements are free from

material misstatement.

1

2

An audit involves performing procedures to obtain audit evidence about the amounts and

disclosures in the financial statements. The procedures selected depend on the auditors’ judgment,

including the assessment of the risks of material misstatement of the financial statements, whether due to

fraud or error. In making those risk assessments, the auditor considers internal control relevant to the

entity’s preparation and fair presentation of the financial statements in order to design audit procedures

that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the

effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also

includes evaluating the appropriateness of accounting policies used and the reasonableness of significant

accounting estimates made by management, as well as evaluating the overall presentation of the

financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a

basis for our audit opinions.

Opinions

In our opinion, the financial statements referred to above present fairly, in all material respects,

the respective financial position of the governmental activities and the major fund of the McLennan

County Appraisal District, as of December 31, 2016, and the respective changes in financial position, for

the year then ended in accordance with accounting principles generally accepted in the United States of

America.

Other Matters

Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the

management’s discussion and analysis, budgetary comparison information, schedule of changes in net

pension liability and related ratios and schedule of employer contributions be presented to supplement

the basic financial statements. Such information, although not a part of the basic financial statements, is

required by the Governmental Accounting Standards Board, who considers it to be an essential part of

financial reporting for placing the basic financial statements in an appropriate operational, economic, or

historical context. We have applied certain limited procedures to the required supplementary

information in accordance with auditing standards generally accepted in the United States of America,

which consisted of inquiries of management about the methods of preparing the information and

comparing the information for consistency with management’s responses to our inquiries, the basic

financial statements, and other knowledge we obtained during our audit of the basic financial statements.

We do not express an opinion or provide any assurance on the information because the limited

procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

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Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated May

19, 2017, on our consideration of the McLennan County Appraisal District’s internal control over

financial reporting and on our tests of its compliance with certain provisions of laws, regulations,

contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of

our testing of internal control over financial reporting and compliance and the results of that testing, and

not to provide an opinion on internal control over financial reporting or on compliance. That report is an

integral part of an audit performed in accordance with Government Auditing Standards in considering

McLennan County Appraisal District’s internal control over financial reporting and compliance.

Waco, Texas

May 19, 2017

MANAGEMENT’S DISCUSSION

AND ANALYSIS

4

MANAGEMENT’S DISCUSSION AND ANALYSIS

2016 FINANCIAL AUDIT

The Management’s Discussion and Analysis provides a narrative overview of the financial activities and

changes in the financial position of the McLennan County Appraisal District (the “District”) for the

fiscal year ended December 31, 2016. Readers should use the additional required notes included in the

standard Financial Audit of the Appraisal District along with this information.

Financial Highlights:

The assets and deferred outflows of resources of the McLennan County Appraisal District exceeded its

liabilities and deferred inflows of resources by $584,450. Of this amount on December 31, 2016,

$234,441 represented assigned net position which can be used to meet the Appraisal District’s ongoing

obligations. The District’s total change in net position was $54,036.

Investments by the District are governed by the Public Funds Investment Act, and are limited to interest

earning bank accounts. Interest and other earnings for the financial year ended December 31, 2016, were

$10,556, a decrease of $2,475 over the prior year’s earnings.

Overview of the Financial Statements:

This part of the discussion and analysis is merely intended to serve as an introduction for the District’s

basic financial statements for year-end. The District’s basic financial statements are comprised of two

components: (1) government-wide financial statements, which include the fund financial statement and

(2) notes to the financial statements. The report also contains other required supplementary information

in addition to the basic financial statements themselves.

The first report in the Financial Audit is the Statement of Net Position and Governmental Fund Balance

Sheet, reporting the District’s year-end position on December 31, 2016, based on the accrual method of

accounting. This is followed by the Statement of Activities and Governmental Fund Revenues,

Expenditures, and Changes in Fund Balance for the year.

Behind these reports are Notes to Financial Statements, explaining in further detail accounting policies,

cash and certificates of deposit, changes in general fixed assets, employees’ retirement system, and

leases. The final report in the audit is the Schedule of Revenues, Expenditures and Changes in Fund

Balance – Budget and Actual. This report shows how effective the District has been in the past 12

months adhering to budgeted expenditures.

5

Financial Analysis:

DISTRICT’S NET POSITION

2016 2015

Current and other assets 1,693,130$ 1,744,607$

Capital assets 1,559,917 1,609,782

Total assets 3,253,047 3,354,389

Deferred outflows of resources 1,090,515 369,698

Long-term liabilities 2,538,085 1,890,402

Other liabilities 1,062,475 1,133,326

Total liabilities 3,600,560 3,023,728

Deferred inflows of resources 158,552 169,945

Net position:

Net investment in capital assets 350,009 307,599

Unrestricted 234,441 222,815

Total net position 584,450$ 530,414$

DISTRICT’S CHANGE IN NET POSITION

2016 2015

Revenues:

Program:

Charges for services 3,913,850$ 4,498,161$

Total program revenues 3,913,850 4,498,161

General:

Interest and other 10,556 13,031

Gain on sale of capital assets - 472

Total general revenues 10,556 13,503

Total revenues 3,924,406 4,511,664

Expenses:

Tax appraisal - operations 3,796,335 3,534,038

Interest and other fiscal charges 74,035 78,902

Total expenses 3,870,370 3,612,940

Change in net position 54,036 898,724

Net position, beginning 530,414 205,517)(

Prior period adjustment - 162,793)(

Net position, ending 584,450$ 530,414$

6

Capital Asset and Debt Administration:

Capital Assets: The District’s investment in capital assets for its operations as of December 31, 2016,

amounts to $1,559,917 (net of accumulated depreciation). This investment in capital assets includes

leasehold improvements, furniture, equipment, and software. The District’s total capital assets (before

depreciation) decreased for the current fiscal year $49,865 over the prior year. The decrease in capital

asset value was due to current depreciation exceeding the District’s additions for the year.

12/31/2016

Building 1,466,455$

Furniture 209,416

Equipment and software 2,101,962

3,777,833$

Less: accumulated depreciation 2,217,916)(

1,559,917$

Long-term Debt:

As of December 31, 2016, the District had $1,209,908 in long-term debt with the building lease. The

District also has a liability of $264,022 for compensated absences and unpaid sick leave and a liability of

$1,064,155 for a net pension liability related to the District’s participation in the Texas County and

District Retirement System.

Revenue:

The District receives the majority of its revenue from the 42 taxing jurisdictions it serves in McLennan

County. This would include cities, school districts, the County, and special districts. During the fiscal

year ended December 31, 2016, the District received $3,924,406 in revenue. Of this amount, $3,913,850

or 100% was received from these jurisdictions. The remaining $10,556 was from interest earned on the

District’s investments and from the sale of copies of District data to the public through the Public

Information Act and other District revenues.

Budget Variances:

The professional fees area of the budget reflected a significant amount of expenditures over original

budgeted amounts for fiscal year ended December 31, 2016. This was caused by the surge in litigation

costs. The District was involved in a lawsuit related to the appraisal value of Sandy Creek Energy.

Economic Factors and Next Year’s Budget:

The District has no pending litigation other than valuation related cases. The District does plan on

increased litigation costs in the future to support the defense of market value. The Districts’ fund

balance has recovered from the previous year and the board is implementing policies to ensure that

sufficient capital reserves are in place going forward. The District plans to assign and commit funds to

cover both expected and unexpected expenses going forward.

7

Contacting the District’s Financial Manager:

This financial report is designed to provide the entities served by The District, the residents of

McLennan County, and the District’s creditors with a general overview of the District’s finances and to

demonstrate the District’s accountability for the money it receives from the taxing entities. If you have

questions about this report or need additional financial information, please contact the McLennan

County Appraisal District, P. O. Box 2297, Waco, TX 76703 with attention to the Chief Appraiser.

BASIC FINANCIAL STATEMENTS

Statement of

General Adjustments Net Position

ASSETS

Cash and cash equivalents 1,693,130$ -$ 1,693,130$

Capital assets, net of depreciation - 1,559,917 1,559,917

Total assets 1,693,130 1,559,917 3,253,047

DEFERRED OUTFLOWS OF RESOURCES

Deferred resources related to pensions - 1,090,515 1,090,515

Total deferred outflows of resources - 1,090,515 1,090,515

LIABILITIES

Accounts payable 10,664 - 10,664

Accrued liabilities 52,157 - 52,157

Unearned revenues 999,654 - 999,654

Compensated absences - 264,022 264,022

Note payable - 1,209,908 1,209,908

Net pension liability - 1,064,155 1,064,155

Total liabilities 1,062,475 2,538,085 3,600,560

DEFERRED INFLOWS OF RESOURCES

Deferred resources related to pensions - 158,552 158,552

Total deferred outflows of resources - 158,552 158,552

FUND BALANCE/NET POSITION

Fund balance:

Committed - general purposes 630,655 630,655)( -

Total fund balance 630,655 630,655)( -

Total liabilities and fund balance 1,693,130$

Net position:

Net investment in capital assets 350,009 350,009

Unrestricted 234,441 234,441

Total net position 584,450$ 584,450$

MCLENNAN COUNTY APPRAISAL DISTRICT

STATEMENT OF NET POSITION AND GOVERNMENTAL FUND BALANCE SHEET

DECEMBER 31, 2016

The accompanying notes are an integral

part of these financial statements. 8

Statement

General Adjustments of Activities

EXPENDITURES/EXPENSES

Tax appraisal - operations 3,669,021$ 127,314$ 3,796,335$

Debt service

Principal 92,275 92,275)( -

Interest and other fiscal charges 74,035 - 74,035

Capital outlay 69,701 69,701)( -

Total expenditures/expenses 3,905,032 34,662)( 3,870,370

PROGRAM REVENUES

Charges for services 3,913,850 - 3,913,850

Total program revenues 3,913,850 - 3,913,850

GENERAL REVENUES

Interest and other 10,556 - 10,556

Total general revenues 10,556 - 10,556

CHANGE IN FUND BALANCE 19,374 19,374)( -

CHANGE IN NET POSITION - 54,036 54,036

FUND BALANCE/NET POSITION, BEGINNING 611,281 80,867)( 530,414

FUND BALANCE/NET POSITION, ENDING 630,655$ 46,205)$( 584,450$


STATEMENT OF ACTIVITIES AND GOVERNMENTAL FUND REVENUES, EXPENDITURES

AND CHANGE IN FUND BALANCE

FOR THE YEAR ENDED DECEMBER 31, 2016

The accompanying notes are an integral

part of these financial statements. 9

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NOTES TO FINANCIAL STATEMENTS

DECEMBER 31, 2016

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Reporting Entity

The McLennan County Appraisal District (“the District”) was created by the 66th Legislature of the

State of Texas under the provisions of Senate Bill 621 known as the Property Tax Code. Under this

code, the District was established in McLennan County and is responsible for appraising all

property within the county for ad valorem tax purposes. Each of the taxing units within the District

are allocated a portion of the amount of the District’s budget equal to the proportion that the total

dollar amount of property taxes imposed in the District by the unit for the tax year bears to the sum

of the total dollar amount of property taxes imposed by all taxing units participating in the District.

In evaluating how to define the entity, for financial reporting purposes, management has

considered all potential component units. The decision to include a potential component unit in the

reporting entity was made by applying the criteria set forth in GASB Codification. The basic, but

not the only, criterion for including a potential component unit with the reporting entity is the

governing body’s ability to exercise oversight responsibility. The most significant manifestation of

this ability is financial interdependency. Other manifestations of the ability to exercise oversight

responsibility include, but are not limited to, the selection of governing accountability for fiscal

matters. A second criterion used in evaluating potential component units is the scope of public

service. Application of this criterion involves considering whether the activity benefits the

government and/or its citizens, or whether the activity is conducted within the geographic

boundaries of the government and is generally available to its citizens. A third criterion used to

evaluate potential component units for inclusion exclusion from the reporting entity is the

existence of special financing relationships, regardless of whether the government is able to

exercise oversight responsibilities. Based upon the application of these criteria, no additional

component units are included in defining the District’s reporting entity.

Government-wide and Fund Financial Statements

The government-wide financial statements (i.e., the statement of net position and the statement

of activities) report information on all of the nonfiduciary activities of the District. Governmental

activities are supported by tax appraisal services and investment revenue.

The statement of activities demonstrates the degree to which the direct expenses of a given

function are offset by program revenue. Direct expenses are those that are clearly identifiable

with a specific function. Program revenue includes 1) charges to customers or applicants who

purchase, use, or directly benefit from goods, services, or privileges provided by a given

function, and 2) grants and contributions that are restricted to meeting the operational or capital

requirements of a particular function. Other items not properly included among program revenue

are reported instead as general revenue.

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The government-wide and fund financial statements are provided for the governmental fund of

the District with a column for adjustments between the two statements.

Measurement Focus, Basis of Accounting and Financial Statement Presentation

The government-wide financial statements are reported using the economic resources

measurement focus and the accrual basis of accounting. Revenue is recorded when earned and

expenses are recorded when a liability is incurred, regardless of the timing of related cash flows.

Tax appraisal services are recognized as revenue in the year for which they are performed.

Governmental fund financial statements are reported using the current financial resources

measurement focus and the modified accrual basis of accounting. Revenue is recognized as soon as

it is both measurable and available. Revenue is considered to be available when it is collectible

within the current period or soon enough thereafter to pay liabilities of the current period. For this

purpose, the District considers revenue to be available if collected within 60 days of the end of the

current fiscal period. Expenditures generally are recorded when a liability is incurred, as under

accrual accounting. However, debt service expenditures, are recorded only when payment is due.

The District reports the following major governmental fund:

The General Fund is the District’s primary operating fund. It accounts for all

financial resources of the government.

As a general rule, the effect of interfund activity has been eliminated from the government-wide

financial statements.

Assets and Deferred Inflows of Resources, Liabilities and Deferred Inflows of Resources,

and Net Position or Fund Balance

Cash and Investments

Cash consists of demand deposit accounts. The investment policies of the District are

governed by state statute. Management has followed a practice of investing in certificates of

deposit.

Capital Assets

Capital assets, which include property, plant and equipment, are reported in the governmental

activities column in the government-wide financial statements. The District defines capital

assets as assets with an initial, individual cost of more than $1,000 and an estimated useful

life in excess of one year. Such assets are recorded at historical cost or estimated historical

cost if purchased or constructed. Donated capital assets are recorded at their acquisition cost,

which is the price that would be paid to acquire an asset with equivalent service potential at

the acquisition date.

The costs of normal maintenance and repairs that do not add to the value of the asset or

materially extend assets’ lives are not capitalized.

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Property, plant and equipment are depreciated using the straight-line method over the following

useful lives:

Assets Years

Buildings 20 - 50

Furniture 5 - 10

Equipment and software 5 - 10

Deferred Outflows/Inflows of Resources

In addition to assets, the statement of financial position and/or balance sheet will sometimes report

a separate section for deferred outflows of resources. This separate financial statement element,

deferred outflows of resources, represents a consumption of net position that applies to a future

period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.

The District has the following items that qualify for reporting in this category.

Pension contributions after measurement date – These contributions are deferred and

recognized in the following fiscal year.

Difference in projected and actual earnings on pension assets – This difference is deferred

and amortized over a closed five year period.

Changes in actuarial assumptions - This difference is deferred and amortized over a closed

five year period.

In addition to liabilities, the statement of financial position and/or balance sheet will sometimes

report a separate section for deferred inflows of resources. This separate financial statement

element, deferred inflows of resources, represents an acquisition of net position that applies to a

future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.

The District has only one type of item that qualifies for reporting in this category. The difference in

expected and actual pension experience is deferred and recognized over the estimated average

remaining lives of all members determined as of the measurement date.

Pensions

For purposes of measuring the net pension liability, deferred outflows of resources and

deferred inflows of resources related to pensions, and pension expenses, information about the

Fiduciary Net Position of the Texas County and District Retirement System (TCDRS) and

additions to/deductions from TCDRS’s Fiduciary Net Position have been determined on the

same basis as they are reported by TCDRS. For this purpose, plan contributions are legally due.

Benefit payments and refunds are recognized when due and payable in accordance with the

benefit terms. Investments are reported at fair value.

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Fund Balance Classification

The governmental fund financial statements present fund balances based on classifications

that comprise a hierarchy that is based primarily on the extent to which the District is bound

to honor constraints on the specific purposes for which amounts in the respective

governmental funds can be spent. The classifications used in the governmental fund financial

statements are as follows:

Nonspendable: This classification includes amounts that cannot be spent because they

are either (a) not in spendable form or (b) are legally or contractually required to be

maintained intact. Nonspendable items are not expected to be converted to cash or are

not expected to be converted to cash within the next year.

Restricted: This classification includes amounts for which constraints have been

placed on the use of the resources either (a) externally imposed by creditors, grantors,

contributors, or laws or regulations of other governments, or (b) imposed by law

through constitutional provisions or enabling legislation.

Committed: This classification includes amounts that can be used only for specific

purposes pursuant to constraints imposed by resolution of the Board of Directors, the

District’s highest level of decision making authority. These amounts cannot be used

for any other purpose unless the Board of Directors removes or changes the specified

use by taking the same type of action that was employed when the funds were

initially committed. This classification also includes contractual obligations to the

extent that existing resources have been specifically committed for use in satisfying

those contractual requirements.

Assigned: This classification includes amounts that are constrained by the District’s

intent to be used for a specific purpose but are neither restricted nor committed. This

intent can be expressed by the Board of Directors.

Unassigned: This classification includes the residual fund balance for the General

Fund. The unassigned classification also includes negative residual fund balance of

any other governmental fund that cannot be eliminated by offsetting of assigned fund

balance amounts.

When an expenditure is incurred for purposes for which both restricted and unrestricted fund

balance is available, the District considers restricted funds to have been spent first. When an

expenditure is incurred for which committed, assigned, or unassigned fund balances are

available, the District considers amounts to have been spent first out of committed funds,

then assigned funds, and finally unassigned funds.

14

Net Position

Net position represents the difference between assets and liabilities. Net investment in capital

assets consists of capital assets, net of accumulated depreciation, reduced by the outstanding

balances of any borrowing used for the acquisition, construction or improvements of those

assets, and adding back unspent proceeds. Net position is reported as restricted when there

are limitations imposed on their use either through the enabling legislations adopted by the

District or through external restrictions imposed by creditors or laws or regulations of other

governments.

Use of Estimates

The process of preparing financial statements in conformity with generally accepted

accounting principles requires the use of estimates and assumptions regarding certain types

of assets, liabilities, revenue and expenses. Accordingly, actual results may differ from

estimated amounts.

2. DETAILED NOTES ON ALL FUNDS

Deposits and Cash Equivalents

Custodial Credit Risk. In the case of deposits, this is the risk that in the event of a bank failure,

the District’s deposits may not be returned to it. As of December 31, 2016, all of the District’s

deposit balances were covered by FDIC insurance and pledged governmental securities.

Interest Rate Risk. In accordance with its investment policy, the District manages its exposure to

declines in fair market values by limiting the average dollar-weighted maturity of its portfolio to

a maximum of 365 days.

Credit Risk. It is the District’s policy, as defined in the Texas Public Funds Investment Act, to

limit its investments to investment types with an investment quality rating not less than A or its

equivalent by a nationally recognized statistical rating organization.

15

Capital Assets

Capital asset activity for the year ended December 31, 2016, was as follows:

Beginning Ending

Balance Increases Decreases Balance

Government activities:

Capital assets, being depreciated:

Building 1,466,455$ -$ -$ 1,466,455$

Furniture 209,416 - - 209,416

Equipment and software 2,032,261 69,701 - 2,101,962

Total capital assets being depreciated 3,708,132 69,701 - 3,777,833

Less accumulated depreciation:

Building 205,303)( 29,329)( - 234,632)(

Furniture 77,466)( 10,150)( - 87,616)(

Equipment and software 1,815,581)( 80,087)( - 1,895,668)(

Total accumulated depreciation 2,098,350)( 119,566)( - 2,217,916)(

Total capital assets, being depreciated, net 1,590,009$ 49,865)$( -$ 1,559,917$

Defined Benefit Pension Plan

Plan Description. The District participates in a nontraditional defined benefit pension plan in the

statewide Texas County and District Retirement System (“TCDRS”). The Board of Trustees of

TCDRS is responsible for the administration of the statewide agent, multiple-employer, public

employee retirement system consisting of nontraditional defined benefit pension plans. TCDRS

issues a publicly available comprehensive annual financial report (CAFR) that can be obtained at

www.tcdrs.org.

All full and part-time non-temporary employees participate in the plan, regardless of the number of

hours they work in a year. Employees in a temporary position are not eligible for membership.

Benefits Provided. TCDRS provides retirement, disability and survivor benefits for all eligible

employees. Benefit terms are established by the TCDRS Act. The benefit terms may be amended

as of January 1, each year, but must remain in conformity with the Act.

Members can retire at age 60 and above with 10 or more years of service, with 30 years of service

regardless of age, or when the sum of their age and years of service equals 75 or more. Members

are vested after eight years of service, but must leave their accumulated contributions in the plan to

receive any employer-financed benefit. Members who withdraw their personal contributions in a

lump sum are not entitled to any amounts contributed by their employer.

16

Benefit amounts are determined by the sum of the employee’s contributions to the plan, with

interest, and employer-financed monetary credits. The level of these monetary credits is adopted by

the governing body of the employer within the actuarial constraints imposed by the TCDRS Act so

that the resulting benefits can be expected to be adequately financed by the employer’s

commitment to contribute. At retirement, death or disability, the benefit is calculated by converting

the sum of the employee’s accumulated contributions and the employer-financed monetary credits

to a monthly annuity using annuity purchase rates prescribed by the TCDRS Act. Updated annuity

purchase rates will go into effect for post-2017 benefit accruals earned after 2017. Benefits accrued

before 2018 will not be impacted by this update. This change was reflected in the 2015 actuarial

valuation.

Employees covered by benefit terms

At the December 31, 2015 valuation and measurement date, the following employees were covered

by the benefit terms:

Inactive employees or beneficiaries currently receiving benefits 34

Inactive employees entitled to but not yet receiving benefits 16

Active employees 39

89

Contributions. The contribution rates for employees in TCDRS are either 4%, 5%, 6%, or 7% of

employee gross earnings, as adopted by the employer’s governing body. Participating employers

are required to contribute at actuarially determined rates to ensure adequate funding for each

employer’s plan. Under the state law governing TCDRS, the contribution rate for each entity is

determined annually by the actuary and approved by the TCDRS Board of Trustees. The

replacement life entry age actuarial cost method is used in determining the contribution rate. The

actuarially determined rate is the estimated amount necessary to fund benefits in an orderly manner

for each participate over his or her career so that sufficient funds are accumulated by the time

benefit payments begin, with an additional amount to finance any unfunded accrued liability.

Employees for the District were required to contribute 7% of their annual gross earnings during the

fiscal year. The required contribution rates for the District was 12.04% in calendar year 2016.

However, the District elected to use a rate of 13%. The District’s contributions to TCDRS for the

year ended December 31, 2016, were $267,626, which exceeded required contributions by

$47,577.

Net Pension Liability. The District’s Net Pension Liability (NPL) was measured as of December

31, 2015, and the Total Pension Liability (TPL) used to calculate the Net Pension Liability was

determined by an actuarial valuation as of that date.

Actuarial Assumptions

The Total Pension Liability in the December 31, 2015, actuarial valuation was determined using

the following actuarial assumptions:

Inflation 3.0% per year

Overall payroll growth 2.0% per year

Investment rate of return 8.0%, net of pension plan investment expense, including inflation

17

Mortality rates for active members, retirees, and beneficiaries were based on the following:

Depositing members

The RP-2000 Active Employee Mortality Table for males with

a two-year set-forward and the RP-2000 Active Employee

Mortality Table for females with a four-year setback, both

projected to 2014 with scale AA and then projected with

110% of the MP-2014 Ultimate scale after that.

Service retirees, beneficiaries and

non-depositing members

The RP-2000 Combined Mortality Table projected to 2014

with scale AA and then projected with 110% of the MP-2014

Ultimate scale after that, with one year set-forward for males

and no age adjustment for females.

Disabled retirees RP-2000 Disabled Mortality Table projected to 2014 with

scale AA and then projected with 110% of the MP-2014

Ultimate scale after that, with no age adjustment for males

and a two-year set-forward for females.

The actuarial assumptions that determined the total pension liability as of December 31, 2015,

were based on the results of an actuarial experience study for the period January 1, 2009 through

December 31, 2012, except for mortality assumptions. Mortality assumptions were updated for the

2015 valuation to reflect projected improvements.

The long-term expected rate of return on pension plan investments is 8.0%. The pension plan’s

policy in regard to the allocation of invested assets is established and may be amended by the

TCDRS Board of Trustees. The application of the investment return assumption was changed for

purposes of determining plan liabilities in the 2015 actuarial valuation. All plan liabilities are now

valued using an 8% discount rate. Previously, some liabilities were valued using a 7% discount rate

and others were valued using a 9% discount rate.

18

The long-term expected rate of return on TCDRS is determined by adding inflation to expected

long-term real returns, and reflecting expected volatility and correlation. The capital market

assumptions and information below are based on January 2016 information for a 7 to 10 year time

horizon. The valuation assumption for long-term expected return is re-assessed at a minimum of

every four years, and is set based on a 30-year time horizon; the most recent analysis was

performed in 2013. The target allocation and best estimates of geometric real rates return for each

major assets class are summarized in the following table:

Geometric Real

Rate of Return

Target (Expected minus

Asset Class Benchmark Allocation (1)

Inflation) (2)

US Equities Dow Jones U.S. Total Stock Market Index 14.50% 5.45%

Private Equity Cambridge Associates Global Private Equity &

Venture Capital Index (3) 14.00% 8.45%

Global Equities MSCI World (net) Index 1.50% 5.75%

International Equities - Developed MSCI World Ex USA (net) 10.00% 5.45%

International Equities - Emerging MSCI World Ex USA (net) 8.00% 6.45%

Investment-Grade Bonds Barclays Capital Aggregate Bond Index 3.00% 1.00%

High-Yield Bonds Citigroup High-Yield Cash-Pay Capped Index 3.00% 5.10%

Opportunistic Credit Citigroup High-Yield Cash-Pay Capped Index 2.00% 5.09%

Direct Lending Citigroup High-Yield Cash-Pay Capped Index 5.00% 6.40%

Distressed Debt Citigroup High-Yield Cash-Pay Capped Index 3.00% 8.10%

REIT Equities 67% FTSE NAREIT Equity REITs Index +

33% FRSE EPRA/NAREIT Global Real Estate

Index

3.00% 4.00%

Master Limited Partnerships (MLPs) Alerian MLP Index 3.00% 6.80%

Private Real Estate Partnerships Cambridge Associates Real Estate Index (4) 5.00% 6.90%

Hedge Funds Hedge Fund Research, Inc. (HFRI) Fund of

Funds Composite Index25.00% 5.25%

(1) Target asset allocation adopted at the April 2016 TCDRS Board meeting.

(2) Geometric real rates of return in addition to assumed inflation of 1.6% per Cliffwater's 2016 capital market assumptions.

(3) Includes vintage years 2006-present of Quarter Pooled Horizon IRRs.

(4) Includes vintage years 2007-present of Quarter Pooled Horizon IRRs.

Discount Rate

The discount rate used to measure the Total Pension Liability was 8.1%. The projection of cash

flows used to determine the discount rate assumed that employee and employer contributions will

be made at the rates specified in statue. Based on that assumption, the pension plan’s Fiduciary Net

Position was projected to be available to make all projected future benefit payments of current

active and inactive employees. Therefore, the long-term expected rate of return on pension plan

investments was applied to all period of projected benefit payments to determine the Total Pension

Liability.

19

Changes in the Net Pension Liability

Total Pension Plan Fiduciary Net Pension

Liability Net Position Liability

(a) (b) (a) - (b)

Balance at 12/31/2014 10,675,921$ 10,330,033$ 345,888$

Changes for the year:

Service cost 243,275 - 243,275

Interest on total pension liability (1) 851,239 - 851,239

Effect of plan changes (2) 37,806)( - 37,806)(

Effect of economic/demographic gains

or losses38,866)( - 38,866)(

Effect of assumptions changes or inputs 115,195 - 115,195

Refund of contributions 4,484)( 4,484)( -

Benefit payments 656,394)( 656,394)( -

Administrative expenses - 7,314)( 7,314

Member contributions - 127,936 127,936)(

Net investment income - 16,071 16,071)(

Employer contributions - 267,281 267,281)(

Other (3) - 10,796 10,796)(

Balance at 12/31/2015 11,148,080$ 10,083,925$ 1,064,155$

Increase (Decrease)

(1) Reflects the change in the liability due to the time value of money. TCDRS does not charge fees or

interest.

(3) Relates to allocation of system-wide items.

(2) Reflects new annuity purchase rates applicable to all TCDRS employers effective January 1, 2018.

Sensitivity Analysis

The following presents the net pension liability of the County, calculated using the discount rate of

8.1%, as well as what the County’s net pension liability would be if it were calculated using a

discount rate that is 1-percentage-point lower (7.1%) or 1-percentage-higher (9.1%) than the

current rate:

Current

1% Decrease Discount Rate 1% Increase

7.1% 8.1% 9.1%

Total pension liability 12,357,581$ 11,148,080$ 10,122,162$

Fiduciary net position 10,083,925 10,083,925 10,083,925

Net pension liability/(asset) 2,273,656$ 1,064,155$ 38,237$

Pension Plan Fiduciary Net Position

Detailed information about the pension plan’s Fiduciary Net Position is available in a separately-

issued TCDRS financial report. The report may be obtained on the Internet at www.tcdrs.org.

http://www.tcdrs.org/

20

Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources

Related to Pensions

For the year ended December 31, 2016, the County recognized pension expense of $253,506. At

December 31, 2016, the County reported deferred outflows of resources and deferred inflows of

resources related to pensions from the following sources:

Deferred Deferred

Inflows Outflows

of Resources of Resources

Differences between expected and actual

economic experience 158,552$ -$

Changes in actuarial assumptions - 92,157

Difference between projected and actual

investment earnings - 730,733

Contributions subsequent to the

measurement date - 267,625

Total 158,552$ 1,090,515$

$267,625 reported as deferred outflows of resources related to pension resulting from contributions

subsequent to the measurement date will be recognized as a reduction of the net pension liability

for the year ending December 31, 2017. Other amounts reported as deferred outflows and inflows

of resources related to pensions will be recognized in pension expenses as follows:

Fiscal Year Ended

December 31,

2017 161,853$

2018 161,853

2019 161,853

2020 178,779

2021 -

Thereafter -

21

Long-term Debt

Annual debt service requirements to maturity for the District’s long-term debt are as follows:

Year Ending

December 31, Principal Interest

2017 73,989$ 53,623$

2018 77,355 50,256

2019 80,876 46,735

2020 84,556 43,055

2021 88,404 39,207

2022-2026 506,152 131,905

2027-2029 298,576 20,453

Total 1,209,908$ 385,234$

Governmental Activities

Changes in Long-term Debt

Long-term debt activity for the year ended December 31, 2016 was as follows:

Beginning Ending Due Within

Balance Additions Reductions Balance One Year

Governmental activities:

Note on building/furniture 1,302,183$ -$ 92,275$ 1,209,908$ 73,989$

Net Pension Liability 345,889 985,724 267,458 1,064,155 -

Compensated absences 242,330 138,545 116,853 264,022 52,804

Total long-term liabilities 1,890,402$ 1,124,269$ 476,586$ 2,538,085$ 126,793$

Litigation

On various occasions, the District can be either a defendant or co-defendant in lawsuits. While the

District and legal counsel cannot predict the results of any litigation, it believes it has meritorious

defenses to those actions, proceedings and claims.

The District is involved in 76 lawsuits as of year-end related to taxpayers challenging appraisal

values on their properties. Although the District would not be directly liable for any potential

judgements or settlements in these cases, in the event that adverse judgements are reached in these

cases, the District could suffer the imposition of some attorney fees ranging from $2,500 to

$135,000.

Related Party Transactions

For the year ended December 31, 2016, the District had two Board Members that were also

executive officers of the District’s depository financial institution. These two members also

abstained from voting when the depository contract bid was being approved.

REQUIRED

SUPPLEMENTARY INFORMATION

Variance With

Final Budget

Actual Positive

Original Final Amounts (Negative)

REVENUES

Appraisal assessments 3,913,850$ 3,913,850$ 3,913,850$ -$

Interest and other income 15,850 18,073 10,556 7,517)(

Total revenues 3,929,700 3,931,923 3,924,406 7,517)(

EXPENDITURES

Current:

Salaries 1,882,260 1,882,832 1,815,891 66,941

Benefits 695,594 699,339 628,012 71,327

Office operations 501,700 378,422 259,827 118,595

Maintenance of structures and equipment 140,615 149,870 141,734 8,136

Professional fees 462,700 921,877 823,557 98,320

Debt service 140,831 193,583 166,310 27,273

Capital outlay 106,000 106,000 69,701 36,299

Total expenditures 3,929,700 4,331,923 3,905,032 426,891

EXCESS (DEFICIENCY) OF REVENUES

OVER EXPENDITURES - 400,000)( 19,374 419,374

CHANGE IN FUND BALANCE - 400,000)( 19,374 419,374

FUND BALANCE, BEGINNING 611,281 611,281 611,281 -

FUND BALANCE, ENDING 611,281$ 211,281$ 630,655$ 419,374$


Budgeted Amounts


SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE -

BUDGET AND ACTUAL

GENERAL FUND

22

Plan Year Ended December 31 2014 2015

Total Pension Liability

Service costs 245,136$ 243,275$

Interest total pension liability 833,114 851,239

Effect of plan changes 37,806)(

Effect of assumption changes or inputs 115,196

Effect of economic/demographic

(gains) or losses 212,431)( 38,866)(

Benefit payments/refunds

of contributions 696,581)( 660,878)(

Net change in total pension liability 169,238 472,159

Total pension liability - beginning 10,506,683 10,675,921

Total pension liability - ending (a) 10,675,921$ 11,148,080$

Plan Fiduciary Net Position

Employer contributions 258,791$ 267,281$

Member contributions 123,673 127,936

Investment income net of

investment expenses 679,673 16,071

Benefit payments refunds of

contributions 696,581)( 660,878)(

Administrative expenses 7,844)( 7,315)(

Other 112,779)( 10,796

Net change in plan fiduciary net position 244,933 246,108)(

Plan fiduciary net position - beginning 10,085,100 10,330,033

Plan fiduciary net position - ending (b) 10,330,033$ 10,083,925$

Net pension liability - ending (a) - (b) 345,889$ 1,064,155$

Fiduciary net position as a percentage

of total pension liability 96.76% 90.45%

Pensionable covered payroll 1,766,768$ 1,827,664$

Net pension liability as a percentage

of covered payroll 19.58% 58.22%

Note: This schedule is required to have 10 years of information, but the information prior to 2014 is not available.


SCHEDULE OF CHANGES IN NET PENSION LIABILITY

AND RELATED RATIOS


23

Fiscal Year Actuarially Actual Contribution Pensionable Actual Contribution

Ended Determined Employer Deficiency Covered as a % of Covered

December 31, Contribution Contribution (Excess) Payroll Payroll

2007 223,270$ 323,270$ 100,000)$( 1,774,804$ 18.2%

2008 187,794 187,794 - 1,735,616 10.8%

2009 182,423 287,121 104,698)( 1,816,964 15.8%

2010 234,687 267,537 32,850)( 1,900,300 14.1%

2011 199,346 262,013 62,667)( 1,856,105 14.1%

2012 208,406 258,315 49,909)( 1,826,524 14.1%

2013 222,536 267,724 45,188)( 1,831,570 14.6%

2014 224,203 258,791 34,588)( 1,766,768 14.6%

2015 227,361 267,281 39,920)( 1,827,664 14.6%

2016 220,049 267,626 47,577)( 1,827,650 14.6%


SCHEDULE OF EMPLOYER CONTRIBUTIONS


24

Valuation Date Actuarially determined contribution rates are calculated each December 31,

two years prior to the end of the fiscal year in which contributions are

reported.

Actuarial Cost Method Entry age

Amortization Method Level percentage of payroll, closed

Remaining Amortization Period 10.8 years (based on contribution rate calculated in 12/31/2015 valuation)

Asset Valuation Method 5-year smoothed market

Inflation 3.0%

Salary Increases Varies by age and service. 4.9% average over career including inflation.

Investment Rate of Return 8.00%, net of investment expenses, including inflation

Retirement Age Members who are eligible for service retirement are assumed to commence

receiving benefit payments based on age. The average age at service retirement

for recent retirees is 61.

Mortality In the 2015 actuarial valuation, assumed life expectancies were adjusted as a

result of adopting a new projection scale (110% of the MP-2014 Ultimate

Scale) for 2014 and later. Previously Scale AA had been used. The base table

is the RP-2000 table projected with Scale AA to 2014.

Changes in Plan Provisions Reflected

in the Schedule

No changes in plan provisions are reflected in the Schedule of Employer

Contributions.


NOTES TO SCHEDULE OF EMPLOYER CONTRIBUTIONS


25

COMPLIANCE SECTION

INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL

REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT

OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH

GOVERNMENT AUDITING STANDARDS To the Board of Directors of McLennan County Appraisal District Waco, Texas We have audited, in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and the major fund of McLennan County Appraisal District, as of and for the year ended December 31, 2016, and the related notes to the financial statements, which collectively comprise McLennan County Appraisal District’s basic financial statements, and have issued our report thereon dated May 19, 2017.

Internal Control Over Financial Reporting In planning and performing our audit of the financial statements, we considered McLennan County Appraisal District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the McLennan County Appraisal District’s internal control. Accordingly, we do not express an opinion on the effectiveness of McLennan County Appraisal District’s internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

26

27

Our consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over financial reporting that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control over financial reporting that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

Compliance and Other Matters As part of obtaining reasonable assurance about whether the McLennan County Appraisal District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

Waco, Texas May 19, 2017

RESOLUTION 2017-4 TO

DESIGNATE COMMITTED EXCESS FUNDS

WHEREAS, section 6.06(j), Texas Property Tax Code, requires that excess must either be returned to the taxing units or credited towards the payments due the District by the taxing units, if such excess funds are not otherwise obligated to be spent; and,

WHEREAS, on the 2nd day of November, 2016, the Board of Directors of the McLennan County

Appraisal District resolved to commit the excess funds resulting from the 2016 budget in an amount to be determined when the 2016 audit of the District was concluded in 2017 for the purpose of creating a Capital Expenditure Fund, Litigation Fund, and a General Fund Reserve; and,

WHEREAS, the audit of the District’s finances for 2016 was conducted by its outside certified public

account and based upon the audit the amount of excess funds resulting from the 2016 budget is $419,373.21 and the remaining 2015 committed excess funds is $211,289.79; and,

WHEREAS, the Board of Directors determined that it would be in the public interest to assure the

long term financial interest of the District to designate the excess funds resulting from the 2016 budget for the following purposes,

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE

McLENNAN COUNTY APPRAISAL DISTRICT THAT: That the excess funds resulting from the 2016 budget of the McLennan County Appraisal District is hereby appropriated for following purposes in the amounts listed:

1. Capital Improvement Fund – amount of $__________ 2. Litigation Fund – amount of $ ___________ 3. General Reserve Fund – amount of $ ____________

RESOLVED THIS 24th DAY OF MAY, 2017 _________________________________________ John Kinnaird, Chairman, Board of Directors ATTEST: _________________________________________ Allen Sykes, Secretary, Board of Directors

1

Joe Bobbitt

From: David Lyons <[email protected]>Sent: Thursday, March 02, 2017 9:11 AMTo: Joe BobbittSubject: RE: User Licenses

Yes , I ’m s o r r y , bu t we do need t h e s i x c on cu r r en t u s e r l i c en se s . We have s i x c a l l c en t e r and r e s ea r ch s t a f f , p l u s my Ca l l C en t e r manage r , a nd myse l f , b u t w i t h s i x c on cu r r en t u s e r s , t he e i gh t o f u s c an coo r d i n a t e w i t h b r eak s / l un che s , e t c . , a nd I o f t en u s e PACS a f t e r hou r s . We t r i e d 4 w i t h ano the r CAD no t n ea r l y t h e s i z e o f MCAD , and t h e r e wa s a bo t t l e ne c k , and wen t t o 6 . We need a c c e s s t o PACS on an a lmos t con t i nuou s da i l y b a s i s . I k now Ha r r i s c ha r ge s a t l e a s t $4k f o r t h e s e l i c en ses , a nd I wou l d no t a s k i f i t wa sn ’ t wa r r an t ed . And Ap r i l i s f i n e ; we c an wo rk on t h e connec t i v i t y t o PACS a f t e r / du r i ng ou r f i l e e x t r a c t t a s k . And t h e l i c en se s won ’ t b e needed un t i l t h e da t a i s p a r s ed and s t anda rd i z ed b y u s , r un t h r ough e x t e r na l pa r t y ’ s ( T r an sUn i on ) ma t ch i ng p r og r ams , and l o aded i n t o ou r s y s t em . Thanks J oe . A r e we s t i l l o n f o r 1 0AM t o d i s c u s s t he e x t r a c t l a y ou t ?

David Lyons, MBA, MS, RTC Strategic Project Manager Information Technology Group Linebarger Goggan Blair & Sampson, LLP Attorneys at Law [email protected] Main: 210-403-8757 http://www.lgbs.com CONFIDENTIALITY STATEMENT This transmission may be: (1) subject to the Attorney-Client Privilege, (2) an attorney work product, or (3) strictly confidential. If you are not the intended recipient of this message, you may not disclose, print, copy or disseminate this information. If you have received this in error, please reply and notify the sender (only) and delete the message. Unauthorized interception of this e-mail is a violation of federal criminal law.

From: Joe Bobbitt [mailto:[email protected]] Sent: Thursday, March 2, 2017 8:54 AM To: David Lyons <[email protected]> Subject: User Licenses Would 4 user licenses be acceptable? I realize it might take a little longer but the BOD was asking if we needed 6. If so, I’ll get a revised quote from TA and the board will approve it in April, and the licenses should be available within a week of approval.

Joe Don Bobbitt, R.P.A. Assistant Chief Appraiser

PO Box 2297/315 S. 26th Street Waco, Texas 76703 Phone (254)752‐9864 Fax (254) 752‐8225 www.mclennancad.org

EstimateDate

2/23/2017

Estimate #

4527

Name / Address

McLennan Appraisal DistrictPO Box 2297Waco, TX 76710

Ship To

McLennan Appraisal District315 South 26th StreetWaco, TX 76710

760 N. Watters RoadSuite 100Allen, TX 75013

Harris Rep MA-

Project Owner:

sys-act

This is an estimated invoice.

Signature

_____________________________________Printed Name

_____________________________________Email Address

_____________________________________

Date

_____________________________________Phone #

_____________________________________

Estimated Costs

This document is intended to manage customer expectations regarding the completion oftasks and acquisition of equipment outlined below. This quote is valid for 30 days. PLEASE DO NOT PAY FROM THIS ESTIMATE.

Work will commence once this document is signed and faxed to 214-722-0019.

Phone: 972-265-7300Fax: 214-722-0019

I have read the information outlined in this form and authorize HarrisGovern to perfom the above tasks and acquire the equipment at thereferenced costs. PLEASE DO NOT PAY FROM THIS ESTIMATE.

Description Qty Cost Estimated Costs

Additional PACS License-with third party software

ONE TIME FEES:PACS Appraisal License 6 2,500.00 15,000.00PACS Appraisal License Discount (25%) 6 -625.00 -3,750.00Third Party License Fees-MS SQL Client Licenses-Appraisal 6 175.00 1,050.00Third Party License Fees-MS Windows Server-Client License 6 32.00 192.00License Microsoft Windows Server 2012 Remote Desktop Services 6 114.00 684.00

Remote Professional Services 4 165.00 660.00

Notes:The addition of this PACS Appraisal license will not increase the PACS Appraisalmaintenance rates. The maintenance for this additional PACS Appraisal license wouldbe part of the already billed PACS Appraisal maintenance.For the purchase of additional PACS Licenses, Microsoft requires a SQL license foreach PACS Licenses purchased. Pricing for the MS SQL Server 2016 license HASBEEN provided on this estimate. If McLennan CAD has already obtained/purchasedthe required third-party licenses, a revised estimate would be provided.

Work Detail:- Order Third Party Licenses- Setup and configure virtual server for remote access- Install PACS and verify functionality on remote access server- Work with Linebarger/McLennan CAD staff to setup remote connectivity to server

$13,836.00

May 8, 2017

Mr. John Kinnaird McLennan County Appraisal District 315 South 26th Street Waco, TX 76710 Dear John: You have requested that we prepare the financial statements of McLennan County Appraisal District, which comprise the annual and monthly balance sheets, and the related statements of revenue, expenditures and changes in fund balance-budget and actual of the general fund as of and for the year then ended December 31, 2017, and perform a compilation engagement with respect to those financial statements. These financial statements will not include a statement of cash flows and related notes to the financial statements. It is agreed upon that this agreement for services may be terminated by either you or by the firm upon thirty days written notice. We are pleased to confirm our acceptance and our understanding of this engagement by means of this letter.

Our Responsibilities The objective of our engagement is to:

a. Prepare financial statements in accordance with accounting principles generally accepted in the United States of America based on information provided by you; and

b. Apply accounting and financial reporting expertise to assist you in the presentation of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements in order for them to be in accordance with accounting principles generally accepted in the United States of America.

We will conduct our compilation engagement in accordance with Statements on Standards for Accounting and Review Services (SSARSs) promulgated by the Accounting and Review Services Committee of the AICPA and comply with the AICPA’s Code of Professional Conduct, including the ethical principles of integrity, objectivity, professional competence, and due care.

DocuSign Envelope ID: C4CD98E4-8723-487C-BB9F-410E84316F4D

McLennan County Appraisal District May 8, 2017 Page 2

We are not required to, and will not, verify the accuracy or completeness of the information you will provide to us for the engagement or otherwise gather evidence for the purpose of expressing an opinion or a conclusion. Accordingly, we will not express an opinion or a conclusion nor provide any assurance on the financial statements.

Our engagement cannot be relied upon to identify or disclose any financial statement misstatements, including those caused by fraud or error, or to identify or disclose any wrongdoing within the entity or noncompliance with laws and regulations.

If requested, the document we submit to you will include supplementary information. We will compile the supplementary information, but we will not audit or review such information, nor express an opinion, a conclusion, or provide any assurance on it.

Your Responsibilities The compilation engagement to be performed is conducted on the basis that you acknowledge and understand that our role is to prepare financial statements in accordance with accounting principles generally accepted in the United States of America and assist you in the presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America. You have the following overall responsibilities that are fundamental to our undertaking the engagement in accordance with SSARSs:

a. The selection of accounting principles generally accepted in the United States of America as the financial reporting framework to be applied in the preparation of the financial statements.

b. The preparation and fair presentation of financial statements in accordance with accounting principles generally accepted in the United States of America.

c. The design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of the financial statements.

d. The prevention and detection of fraud.

e. To ensure that the entity complies with the laws and regulations applicable to its activities.

f. The accuracy and completeness of the records, documents, explanations, and other information, including significant judgments, you provide to us for the engagement.

g. To provide us with:

i. Access to all information of which you are aware is relevant to the preparation and fair presentation of the financial statements, such as records, documentation, and other matters.



ii. Additional information that we may request from you for the purpose of the compilation engagement.

iii. Unrestricted access to persons within the entity of whom we determine it necessary to make inquiries.

You are also responsible for all management decisions and responsibilities and for designating an individual with suitable skills, knowledge, and experience to oversee our preparation of your financial statements and all other nonattest services that we provide. You are responsible for evaluating the adequacy and results of the services performed and accepting responsibility for such services.

Our Report As part of our engagement, we will issue a report that will state that we did not audit or review the financial statements and that, accordingly, we do not express an opinion, a conclusion, nor provide any assurance on them. Our report will disclose that the Organization’s management has elected to omit the statement of cash flows and substantially all of the disclosures required by accounting principles generally accepted in the United States of America. If the statement of cash flows and omitted disclosures were to be included in the financial statements, they might influence the user’s conclusions about the Organization’s financial position, results of operations, and cash flows. Accordingly, the financial statements will not be designed for those who are not informed about such matters.

We will disclose that we are not independent in our compilation report.

You agree to include our accountant’s compilation report in any document containing financial statements that indicates that we have performed a compilation engagement on such financial statements and, prior to the inclusion of the report, to ask our permission to do so.

Other Relevant Information As part of our engagement, we will also:

Import data from bookkeeping/accounting software

If, for any reason, we are unable to complete the compilation of your financial statements, we will not issue a report on such statements as a result of this engagement.



Our firm may transmit confidential information that you provided us to third parties in order to facilitate delivering our services to you. We have obtained confidentiality agreements with all our service providers to maintain the confidentiality of your information and we will take reasonable precautions to determine that they have appropriate procedures in place to prevent the unauthorized release of confidential information to others. We will remain responsible for the work provided by any third-party service providers used under this agreement. By your signature below, you consent to having confidential information transmitted to entities outside the firm. Please feel free to inquire if you would like additional information regarding the transmission of confidential information to entities outside the firm. Diana Ward is the engagement partner for the services specified in this letter. Her responsibilities include supervising Jaynes, Reitmeier, Boyd & Therrell, P.C.’s services performed as part of this engagement and signing or authorizing another qualified firm representative to sign the accountant’s report. Our fees will be $650.00 per month. Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. In accordance with our firm policies, work may be suspended if your account becomes 30 days or more overdue and will not be resumed until your account is paid in full. If we elect to terminate our services for nonpayment, our engagement will be deemed to have been completed upon written notification of termination, even if we have not completed our report. You will be obligated to compensate us for all time expended and to reimburse us for all out-of-pocket expenditures through the date of termination. Service fees will be assessed on any amount outstanding more than 30 days after the invoice date at a rate equal to one and one-half percent per month. You may request that we perform additional services not contemplated by this engagement letter. If this occurs, we will communicate with you regarding the scope of the additional services and the estimated fee. We also may issue a separate engagement letter covering the additional services. In the absence of any other written communication from us documenting such additional services, our services will continue to be governed by the terms of this engagement letter. You agree to release, indemnify, defend, and hold us harmless from any liability or costs, including attorney’s fees, resulting from management’s knowing misrepresentations to us. We look forward to a continued relationship with your organization, and we are available to discuss the contents of this letter or other professional services you may desire.



Please sign and return a copy of this letter to indicate your acknowledgement of, and agreement with, the arrangements for our engagement to prepare the financial statements described herein and to perform a compilation engagement with respect to those same financial statements, and our respective responsibilities. Very truly yours, This letter correctly sets forth our understanding. McLennan County Appraisal District Acknowledged and agreed on behalf of McLennan County Appraisal District by: _____________________________________ Signature _____________________________________ Title _____________________________________ Date


MCLENNAN COUNTY APPRAISAL DISTRICT 2018 PROPOSED BUDGET DETAIL

We currently serve 44 taxing entities that include 20 school districts, 18 cities, the county and 5 other entities and the City of Leroy will be new for 2018. We are responsible for appraising more than 120,000 parcels with a market value in excess of twenty billion dollars. Our overall budget for 2018 will increase by 15.7% from our 2017 budget. The major items responsible for the change include a Homestead Exemption Audit which is expected to cost $348,000 over 3 years but return $1.2 million to the entities, a street level photograph project which will help capture improvement value, a replacement phone system, increased litigation funds, and the addition of a CPA to our staff. The proposed budget excluding these items is 0.2% increase over the 2017 budget.

ORDINARY INCOME Income is comprised of allocated payments from the taxing entities served by the appraisal district. Allocations

are based on the percentage obtained by dividing the levy for each entity by the total levy of all entities. Additional income is generated from interest earned on the Money Market account at Extraco, miscellaneous income (copies, open records requests, and the sale of retired assets) and personal property rendition penalties. Interest on investments are still down because of a low interest rate environment.

EXPENSES

Salaries: The 2018 individual salaries are up 4% which is comparable to the increases the City of Waco and

the county employees received in 2016. A cost of living adjustment of 2.5% for all employees and an increase based on position pay differences compared to other districts of similar size. The total salary is up 7.04% with the addition of a Financial Officer position to our administrative department. Our staff is currently comprised of 42 employees of which 22 are appraisers including a vacant commercial opening. All but four, out of the 22 appraisers, are registered professional appraisers with the State of Texas. The trainees must complete the five-year training period to achieve this designation.

We have three highly skilled mapping professionals. The appraisers are required to have professional designations that require extensive training and testing along with continuing education courses to continue their employment. All support staff are also required to take training courses that review new legislative mandates which affect all appraisal districts. Since training costs are high, it is a common practice for other districts to look for individuals who are already certified or close to certification. That is why it is very important that we try to retain our staff by paying competitive wages, otherwise we will constantly be paying more for training costs. The district has also started hosting International Association of Assessing Officers (IAAO) courses to offer additional professional designations to our staff to help with retention and saves on travel costs for the district.

A review of other appraisal districts show that current salaries for McCAD’s clerical and appraisal positions are well below the average, in comparison. Currently, there are 42 positions provided for in the 2018 budget. We are using temporary staffing services to supplement the work of full-time employees as needed. This also allows us to control benefit costs.

Benefits: Health insurance costs are expected to increase approximately 14.5% over the 2017 approved

budget, resulting from changes to the federal healthcare guidelines. The district is paying $398.45 per month per person for employee coverage in 2017. We have managed to reduce this cost by using our HRA plan and providing coverage with higher deductibles.

Longevity pay is granted to full time McCAD employees who have been with the district for at least five years as of January 1, 2008. Longevity is paid at a rate of $4.00 per month, per full year of service, up to a maximum of $1,200. Because training is so costly, longevity is used to retain experienced and well trained employees.

Pension: The TCDRS budgeted rate is 13% for 2018, which remains unchanged from 2017. We have also

included $30,000 in the budget to be applied to the district’s TCDRS Unfunded Actuarial Accrued Liability (UAAL). This amount is the same as it has been for the last several years.

Professional Services: Appraisal Review Board (ARB) members will be paid at $150.00 per full day and $75.00 for half days. The chairman is paid $175.00 per full day and $87.50 for half days. The amount is the same as the 2016 budget which increased as numbers of protests have grown in the past several years due to market increases and the legislative spotlight on appraisal districts in general. The number of ARB members was reduced this year from 16 to 13 which allows for 4 panels and a spare member as opposed to 5 panels which we no longer believe will be necessary due to increased efficiency in handling hearings.

The appraisal services expense line item covers contractual services with Capitol Appraisal Group. Capitol appraisal works utility properties, mineral properties, and specialty properties. These specialty properties include: Riesel Power Plant, telephone towers and cable companies.

Legal fees are budgeted for the services of Mr. Robert Meyers and fees associated with miscellaneous litigation. Growing litigation expenses are responsible for the decreased refunds to the entities in past years. We are increasing our budget by $250,000 to meet the expected defense costs, and an amount to be determined after the 2016 Financial Audit, to be designated to a litigation funding order to cover potential costs of defending the power plant and other commercial valuations.

Temp services have also increased to assist with personal property renditions and new mandates requiring the exchange of evidence before each hearing. Since most taxpayers bring their evidence the day of their hearing, we must have temps scanning the evidence as it comes in the door.

Computer services will remain the same as 2017 to allow for additional consulting work to offset the retirement of our IT Director. Harris Govern has taken over the role of monitoring the servers and higher level IT support that our staff are not equipped to handle.

Office Operating Expenses: Office supplies have increased in cost over the last few years and the district has

increased its use of state purchasing contracts. Printing expenses including costs for processing Notices of Appraised Value, personal property renditions, and personal property penalty letters have also increased. Additional postage costs are due to increased requirements to notify taxpayers of changes and increases in the amount of certified mail. Insurance expenses cover general liability, property (real and contents), electronic data processing, accounts receivable/valuable papers, commercial crime, umbrella liability, and employee/public officials liability.

Maintenance Expenses: The software maintenance budget includes maintenance expenses for the computer

assisted mass appraisal software used for valuing properties, as well as, software for GIS mapping, and deed information. These items increase approximately 2%-3% each year. Since replacing our old elevator, we have been able to reduce our overall maintenance costs.

CAPITAL OUTLAY

We will be replacing our phone system this year. It has proven difficult to find parts for the main system due

to its age. We may be able to retain the handsets and only have to replace the system’s back end. We will be flying each school district according to our future reappraisal plans. Continuing with “Change Finder” options to our aerial flights, we will be able to work more efficiently and also meet legislation mandates for inspecting properties once every three years. It also allows us to pick up new improvements that did not have building permits issued on them. The cost for aerials will be minimal when compared to the value added by picking up these new improvements. In addition to aerial imagery the district will begin to utilize a street view photography vendor that can provide high resolution images of improved properties. This will allow the district to prioritize staff for inspections instead of routine photos. In addition to aerial photography the district will be contracting with a vendor to capture street level photographs of all accessible properties following the reappraisal plan. The vendor will be able to provide photographs faster and cheaper than the district can while leaving the appraisers to focus on accurate evaluations. We replaced our servers in 2015 and expect them to remain in service until 2021. Desktop computers were replaced in 2012 and 2013, and we plan to replace half in 2019 and half in 2020. The sewer lift station has been adjusted and we do not expect to need to replace it at this time.

DEBT SERVICE EXPENSE

These budgeted expenses cover twelve months of mortgage payments in 2018. We refinanced the building with Capital One in 2016, lowering our interest rate from 5.84545% to 4.5%. This will save the entities over $100,000 in additional interest over the life of the loan.

CONTINGENCY FUND

The contingency fund has been reduced to $100,000, as we have designated excess funds for contingency

items. There is no pending litigation against the District other than valuation related cases. Additionally, the board will consider policies to ensure that sufficient capital reserves are in place to maintain a positive fund balance, now and in the future, as well as having developed a long term budget.

5000 SALARIES `5001 ADMINISTRATION 277,000 358,509 81,5095002 APPRAISAL 921,000 963,048 42,0485003 MAPPING 155,000 160,413 5,4135004 CLERICAL 443,000 444,850 1,8505006 PART TIME 0 0 05007 MERIT PAY 05008 AUTO & PHONE ALLOWANCE 132,040 137,020 4,980

TOTAL SALARIES 1,928,040 2,063,840 7.04%

5100 BENEFITS5105 FICA TAX EXPENSE 148,000 158,425 10,4255110 HEALTH INSURANCE 204,000 234,000 30,000

5110-1 PB&H DEDUCTIBLE (HRA) 30,000 34,000 4,0005113 DISABILITY 6,000 6,000 05115 LIFE INSURANCE 8,750 8,850 1005120 LONGEVITY 14,100 14,832 7325125 PENSION 253,000 269,944 16,9445126 PENSION UAAL 30,000 30,000 05130 UNEMPLOYMENT COMPENSATION 9,200 9,200 05135 WORKMANS COMPENSATION 9,100 16,800 7,700

TOTAL BENEFITS 712,150 782,051 9.82%

5200 PROFESSIONAL SERVICES5201 APPRAISAL REVIEW BOARD 80,000 80,000 05205 APPRAISAL SERVICES 27,500 30,000 2,5005210 AUDIT 6,500 6,500 05215 BOARD OF DIRECTORS 1,200 1,200 05217 COBRA 0 0 05218 COMPUTER SERVICES 10,000 10,000 05220 CONSULTING SERVICES 0 0

ACCOUNTING 15,000 0 (15,000)5220-2 MISC CONSULTING 0 0 05220-3 TXMASS 0 0 05220-5 HOMESTEAD AUDIT 0 110,600

5222 LAWN SERVICE 3,000 3,000 05225 JANITORIAL SERVICES 22,000 22,000 05229 3,000 3,000 05230 LEGAL SERVICES 0 0

RETAINER 22,800 24,000 1,200COURT COST 200,000 450,000 250,000MISC LEGAL SERVICES 20,000 20,000 0

5230-4 ARB Legal Counsel 6,000 5,000 (1,000)5233 MOVING SERVICE 0 0 05234 PAYROLL SERVICE FEE 4,869 4,869 15235 PERSONAL PROPERTY LISTS 2,500 2,500 05239 SHREDDING SERVICE 500 500 05240 TEMP SERVICES 80,000 75,000 (5,000)

TOTAL PROFESSIONAL SERVICES 504,869 848,169 68.00%

5300 OFFICE OPERATING EXPENSES5301 DUES AND MEMBERSHIPS 6,000 6,000 05305 FORMS AND PRINTING 0 0

NOTICES 22,000 24,200 2,200RENDITIONS 7,500 8,250 750MISC 4,000 4,400 400

5310 INSURANCE 7,100 7,300 2005315 LEGAL PUBLICATIONS 9,500 6,000 (3,500)5317 4,200 1,000 (3,200)5320 OFFICE EQUIPMENT RENTAL 0 0

POSTAGE MACHINE 7,008 6,700 (308)COPIERS 12,000 12,000 0

5330 POSTAGE AND FREIGHT 0 0POSTAGE 90,000 94,500 4,500FREIGHT 900 900 0

5335 SMALL EQUIPMENT AND FURNITURE 2,500 2,000 (500)5336 SMALL SOFTWARE 4,800 3,000 (1,800)5340 SUBSCRIPTIONS AND BOOKS 9,700 20,000 10,3005345 SUPPLIES 0 0

5345-1 OFFICE SUPPLIES 31,500 24,000 (7,500)5350 TRAINING AND EDUCATION 20,000 17,000 (3,000)5355 TRAVEL 15,000 15,000 05360 UTILITIES 0 0

PHONE AND INTERNET 20,000 20,000 0ELECTRIC 27,000 27,000 0WATER AND SEWER 4,800 4,800 0

5365 MISC EXPENSE 1,350 1,351 1TOTAL OFFICE OPERATING EXPENSES 306,858 305,401 -0.47%

5330-2

5360-15360-25360-4

5330-1

5220-1

ARBITRATION

5230-15230-25230-3

5305-15305-25305-3

MILEAGE REIMBURSEMENT

5320-15320-2

MCLENNAN COUNTY APPRAISAL DISTRICT2018 PRELIMINARY ANNUAL BUDGET

2017

BUDGET

ACCOUNT

TOTAL2018

ACCOUNT

TOTAL$ CHANGE

PERCENT

CHANGE

5400 MAINTENANCE EXPENSES5401 BUILDING 15,000 10,000 (5,000)5402 ELEVATOR 5,000 5,000 05405 COMPUTER EQUIPMENT-HARDWARE 6,000 6,000 05410 SMALL EQUIPMENT AND FUNITURE 3,000 3,000 05415 SOFTWARE MAINTENANCE 0 0 0

TRUE AUTOMATION 116,567 104,421 (12,146)SOFTWARE SERVICE 6,000 6,000 0ESRI 10,000 10,000 0EMAIL LICENSE 0 0 0

5420 TELEPHONE MAINTENANCE 1,800 1,800 0TOTAL MAINTENANCE EXPENSES 163,367 146,221 -10.50%

5500 CAPITAL OUTLAY5501 BUILDING IMPROVEMENTS 5,000 5,000 05502 SMALL EQUIPMENT 10,000 5,000 (5,000)5505 LARGE EQUIPMENT 20,000 60,000 40,0005510 LARGE FURNITURE 1,000 1,000 05515 SOFTWARE 0 0 05525 AERIAL PHOTOGRAPHY 70,000 196,000 126,000

TOTAL CAPITAL OUTLAY 106,000 267,000 151.89%

5600 DEBT SERVICE EXPENSE5601 DEBT SERVICE INTEREST--BUILDING 71,332 77,356 6,0245602 DEBT SERVICE INTEREST--EQUIPMENT 05603 DEBT SERVICE INTEREST--MAPPING 05605 DEBT SERVICE PRINCIPLE--BUILDING 69,500 50,256 (19,244)5606 DEBT SERVICE PRINCIPLE--EQUIPMENT 05607 DEBT SERVICE PRINCIPLE--MAPPING 0

TOTAL DEBT SERVICE EXPENSE 140,831 127,612 -9.39%

6000 CONTINGENCY FUND6001 BUILDING FUND 06005 EQUIPMENT FUND 06010 GENERAL CONTINGENCY FUND 150,000 100,000 (50,000)

TOTAL CONTINGENCY FUND 150,000 100,000 -33.33%

TOTAL OPERATING BUDGET 4,012,115$ 4,640,293$ 15.66%

LESS BUDGETED GENERAL INCOME4033 INTEREST ON INVESTMENTS 2,000 150 4040 MISCELLANEOUS REVENUE 1,500 4,000 4045 BPP RENDITION PENALTY REVENUE 10,000 10,000

TOTAL GENERAL INCOME 13,500 14,150

LESS FUND BALANCE CREDIT TO ENTITIES 0

TOTAL ENTITY SUPPORT 3,998,615$ 4,626,143$ 15.69%

5415-65415-7

5415-15415-5


YEARLY BUDGET COMPARISON

YEAR 2011 2012 2013 2014 2015 2016 2017 2018

TOTAL BUDGET AMOUNT3,925,152 3,726,481 3,846,659 3,792,019 4,514,164 3,929,700 4,012,115 4,640,293

% BUDGET INCREASE-4.37% -5.06% 3.22% -1.42% 19.04% -12.95% 2.10% 15.66%

ENTITY CONTRIBUTION3,195,695 3,194,169 3,377,201 3,616,635 4,498,134 3,913,850 3,998,615 4,626,143

TOTAL EXPENSE AUDITED3,300,473 3,505,320 3,512,657 3,872,914 3,702,733 3,905,032

***WHAT SHOULD HAVE

BEEN CREDITED -104,778 -311,151 -135,456 -256,279 795,401 8,818ENTITY ACTUAL CREDITED

AMOUNT 513,612 449,458 155,384 36,929 0 0

FUND BALANCE449,458 155,384 36,929 0 611,282 630,655

CONTINGENCY FUNDS400,000 200,000 250,000 250,000 750,000 200,000 150,000 150,000

NUMBER OF EMPLOYEES44 44 43 41 41 41 41 42

*** This is the difference between the Entity Contribution & what the District actually s

4:01 PM

02/23/16

Accrual Basis


Profit & Loss Budget Yearly Comparison January 2011 through December 2016

Approved Forecast

2015 2016 2017 2018 2019 2020 2021 2022

Ordinary Income/Expense

Income

4020 · Revenue from Taxing Entities 4,498,164.00 3,913,850.00 3,998,615.00 4,626,143 115.7% 4,586,478 99.1% 4,531,076 98.8% 4,569,439 100.8% 4,522,646 99.0%

4025 · Surplus from Prior Year 0.00

4030 · Interest on Investments 3,500.00 150.00 2,000.00 150 7.5% 150 100.0% 150 100.0% 150 100.0% 150 100.0%

4032 · Interest from CD's

4033 · Interest from MM*Met Life

4040 · Miscellaneous Revenue 1,000.00 3,422.65 1,500.00 4,000 266.7% 4,000 100.0% 4,000 100.0% 4,000 100.0% 4,000 100.0%

4045 · BPP RENDITION PENALTY REVENUE 11,500.00 14,500.00 10,000.00 10,000 100.0% 10,000 100.0% 10,000 100.0% 10,000 100.0% 10,000 100.0%

Total Income 4,514,164.00 3,931,922.65 4,012,115.00 4,640,293 115.7% 4,600,628 99.1% 4,545,226 98.8% 4,583,589 100.8% 4,536,796 99.0%

Gross Profit 4,514,164.00 3,931,922.65 4,012,115.00 4,640,293 115.7% 4,600,628 99.1% 4,545,226 98.8% 4,583,589 100.8% 4,536,796 99.0%

Expense

5000 · Salaries

5001 · Administration 293,829.26 277,000.00 277,000.00 358,509 129.4% 365,679 102.0% 372,993 102.0% 380,453 102.0% 388,062 102.0%

5002 · Appraisal 889,080.00 906,000.00 921,000.00 963,048 104.6% 982,309 102.0% 1,001,955 102.0% 1,021,994 102.0% 1,042,434 102.0%

5003 · Mapping 151,000.00 153,072.21 155,000.00 160,413 103.5% 163,621 102.0% 166,893 102.0% 170,231 102.0% 173,636 102.0%

5004 · Clerical 403,500.00 417,000.00 443,000.00 444,850 100.4% 453,747 102.0% 462,822 102.0% 472,078 102.0% 481,520 102.0%

5006 · Part Time

5008 · Auto and Phone Allowance 129,759.50 129,760.00 132,040.00 137,020 103.8% 132,040 96.4% 132,040 100.0% 132,040 100.0% 132,040 100.0%

Total 5000 · Salaries 1,867,168.76 1,882,832.21 1,928,040.00 2,063,840 107.0% 2,097,396 101.6% 2,136,703 101.9% 2,176,796 101.9% 2,217,691 101.9%

5100 · Benefits

5105 · FICA Tax Expense 140,900.00 143,800.00 148,000.00 158,425 107.0% 167,792 105.9% 170,936 101.9% 174,144 101.9% 177,415 101.9%

5110 · Health Insurance

5110-1 · PB&H-Deductible 30,000.00 30,000.00 30,000.00 34,000 113.3% 30,000 88.2% 30,000 100.0% 30,000 100.0% 30,000 100.0%

5110 · Health Insurance - Other 160,000.00 194,600.00 204,000.00 234,000 114.7% 245,700 105.0% 257,985 105.0% 270,884 105.0% 284,428 105.0%

Total 5110 · Health Insurance 190,000.00 224,600.00 234,000.00 268,000.00 114.5% 275,700 102.9% 287,985 104.5% 300,884 104.5% 314,428 104.5%

5113 · Disability Long Term Insurance 5,000.00 5,591.18 6,000.00 6,000 100.0% 6,000 100.0% 6,000 100.0% 6,000 100.0% 6,000 100.0%

5115 · Life Insurance 7,600.00 8,253.53 8,750.00 8,850 101.1% 8,750 98.9% 8,750 100.0% 8,750 100.0% 8,750 100.0%

5120 · Longevity 10,992.00 12,384.00 12,288.00 14,832 120.7% 16,800 113.3% 19,488 116.0% 22,128 113.5% 24,336 110.0%

5125 · Pension 242,000.00 254,610.00 253,000.00 269,944 106.7% 272,661 101.0% 277,771 101.9% 282,984 101.9% 288,300 101.9%

5126 · Pension UAAL-TCDRS 30,000.00 30,000.00 30,000.00 30,000 100.0% 30,000 100.0% 30,000 100.0% 30,000 100.0% 30,000 100.0%

5130 · Unemployment Compensation 7,700.00 9,100.00 9,200.00 9,200 100.0% 9,200 100.0% 9,200 100.0% 9,200 100.0% 9,200 100.0%

5135 · Workers Compensation-TML 9,095.64 11,000.00 9,100.00 16,800 184.6% 11,000 65.5% 11,000 100.0% 11,000 100.0% 11,000 100.0%

Total 5100 · Benefits 643,287.64 699,338.71 710,338.00 782,051 110.1% 797,903 102.0% 821,131 102.9% 845,089 102.9% 869,430 102.9%

5200 · Professional Services

5201 · Appraisal Review Board 80,000.00 89,177.37 80,000.00 80,000 100.0% 80,000 100.0% 80,000 100.0% 80,000 100.0% 80,000 100.0%

5205 · Appraisal Services 25,800.00 27,500.00 27,500.00 30,000 109.1% 30,000 100.0% 30,000 100.0% 30,000 100.0% 30,000 100.0%

5210 · Audit-PB&H 6,000.00 6,200.00 6,500.00 6,500 100.0% 6,500 100.0% 6,700 103.1% 6,700 100.0% 6,700 100.0%

5215 · Board of Directors 1,200.00 1,200.00 1,200.00 1,200 100.0% 1,200 100.0% 1,200 100.0% 1,200 100.0% 1,200 100.0%

5217 · Cobra

5218 · Computer Services 3,500.00 3,500.00 10,000.00 10,000 100.0% 10,000 100.0% 10,000 100.0% 10,000 100.0% 10,000 100.0%

5220 · Consulting Services

5220-1 · Accounting 3,000.00 20,000.00 15,000.00 - 0.0% 15,000 15,000 100.0% 15,000 100.0% 15,000 100.0%

5220-2 · Misc Consulting 40,000.00 100.0% 0.0%

5220-3 · Txmass

5220 · Homestead Audit Service 110,600 110,600

Total 5220 · Consulting Services 43,000.00 20,000.00 15,000.00 110,600.00 737.3% 125,600.00 113.6% 15,000.00 11.9% 15,000.00 100.0% 15,000.00 100.0%

Final Budget

Page 1 of 3

4:01 PM

02/23/16

Accrual Basis



Approved Forecast

2015 2016 2017 2018 2019 2020 2021 2022

Final Budget

5222 · Lawn Service 2,540.00 3,000.00 3,000.00 3,000 100.0% 3,000 100.0% 3,000 100.0% 3,000 100.0% 3,000 100.0%

5225 · Janitorial Services-PBMS 21,600.00 20,000.00 22,000.00 22,000 100.0% 22,000 100.0% 22,000 100.0% 22,000 100.0% 22,000 100.0%

5229 · Arbitration 2,700.00 5,500.00 3,000.00 3,000 100.0% 3,000 100.0% 3,000 100.0% 3,000 100.0% 3,000 100.0%

5230 · Legal Services

5230-1 · Retainer-MVBA 22,800.00 22,800.00 22,800.00 24,000 105.3% 24,000 100.0% 24,000 100.0% 24,000 100.0% 24,000 100.0%

5230-2 · Court Cost-MVBA 276,814.79 600,000.00 200,000.00 450,000 225.0% 200,000 44.4% 200,000 100.0% 200,000 100.0% 200,000 100.0%

5230-3 · Misc Legal Services 40,000.00 30,000.00 20,000.00 20,000 100.0% 20,000 100.0% 20,000 100.0% 20,000 100.0% 20,000 100.0%

5230-4 · ARB Legal Counsel-RAY ARMSTRON 5,708.98 3,500.00 6,000.00 5,000 83.3% 6,000 120.0% 6,000 100.0% 6,000 100.0% 6,000 100.0%

Total 5230 · Legal Services 345,323.77 656,300.00 248,800.00 499,000 200.6% 250,000 50.1% 250,000 100.0% 250,000 100.0% 250,000 100.0%

5233 · Moving Service

5234 · Payroll Service Fee 6,590.71 6,500.00 4,868.50 4,869 100.0% 4,869 100.0% 4,869 100.0% 4,869 100.0% 4,869 100.0%

5235 · Personal Property Lists 2,355.00 2,500.00 2,500.00 2,500 100.0% 2,500 100.0% 2,500 100.0% 2,500 100.0% 2,500 100.0%

5239 · Shredding Service 500.00 500.00 500.00 500 100.0% 500 100.0% 500 100.0% 500 100.0% 500 100.0%

5240 · Temp Service 80,000.00 80,000.00 80,000.00 75,000 93.8% 75,000 100.0% 75,000 100.0% 75,000 100.0% 75,000 100.0%

Total 5200 · Professional Services 621,109.48 921,877.37 504,868.50 848,169 168.0% 614,169 72.4% 503,769 82.0% 503,769 100.0% 503,769 100.0%

5300 · Office Operation Expenses

5301 · Dues and Memberships 6,000.00 6,000.00 6,000.00 6,000 100.0% 6,000 100.0% 6,000 100.0% 6,000 100.0% 6,000 100.0%

5305 · Forms and Printing

5305-1 · Notices 22,000.00 24,000.00 22,000.00 24,200 110.0% 24,200 100.0% 24,200 100.0% 24,200 100.0% 24,200 100.0%

5305-2 · Renditions 5,600.00 7,500.00 7,500.00 8,250 110.0% 8,250 100.0% 8,250 100.0% 8,250 100.0% 8,250 100.0%

5305-3 · Misc 4,156.24 6,000.00 4,000.00 4,400 110.0% 4,400 100.0% 4,400 100.0% 4,400 100.0% 4,400 100.0%

Total 5305 · Forms and Printing 31,756.24 37,500.00 33,500.00 36,850 110.0% 36,850 100.0% 36,850 100.0% 36,850 100.0% 36,850 100.0%

5310 · Insurance on Bldg-TML 7,100.00 7,100.00 7,100.00 7,300 102.8% 7,400 101.4% 7,500 101.4% 7,600 101.3% 7,700 101.3%

5315 · Legal Publications-Waco Tribune 10,908.85 9,500.00 9,500.00 6,000 63.2% 6,000 100.0% 6,000 100.0% 6,000 100.0% 6,000 100.0%

5317 · Mileage Reimbursement 4,200.00 4,200.00 4,200.00 1,000 23.8% 1,000 100.0% 1,000 100.0% 1,000 100.0% 1,000 100.0%

5320 · Office Equipment Rental

5320-1 · Postage Machine-Neopost 7,203.60 6,607.29 7,008.00 6,700 95.6% 7,000 104.5% 7,000 100.0% 7,000 100.0% 7,000 100.0%

5320-2 · Copiers-CTWP 11,000.00 11,550.00 12,000.00 12,000 100.0% 12,000 100.0% 12,000 100.0% 12,000 100.0% 12,000 100.0%

Total 5320 · Office Equipment Rental 18,203.60 18,157.29 19,008.00 18,700 98.4% 19,000 101.6% 19,000 100.0% 19,000 100.0% 19,000 100.0%

5330 · Postage and Freight

5330-1 · Postage 85,000.00 86,000.00 90,000.00 94,500 105.0% 99,225 105.0% 104,186 105.0% 109,396 105.0% 114,865 105.0%

5330-2 · Freight 900.00 900.00 900.00 900 100.0% 901 100.1% 902 100.1% 903 100.1% 904 100.1%

Total 5330 · Postage and Freight 85,900.00 86,900.00 90,900.00 95,400 105.0% 100,126 105.0% 105,088 105.0% 110,299 105.0% 115,769 105.0%

5335 · Small Equipment and Furniture 3,000.00 3,000.00 2,500.00 2,000 80.0% 2,500 125.0% 2,500 100.0% 2,500 100.0% 2,500 100.0%

5336 · Small Software 3,500.00 4,800.00 4,800.00 3,000 62.5% 4,800 160.0% 4,800 100.0% 4,800 100.0% 4,800 100.0%

5340 · Subscriptions and Books 9,500.00 19,700.00 9,700.00 20,000 206.2% 20,000 100.0% 20,000 100.0% 20,000 100.0% 20,000 100.0%

5345 · Supplies

5345-1 · Office Supplies 31,500.00 31,500.00 31,500.00 24,000 76.2% 31,500 131.3% 31,500 100.0% 31,500 100.0% 31,500 100.0%

Total 5345 · Supplies 31,500.00 31,500.00 31,500.00 24,000 76.2% 31,500 131.3% 31,500 100.0% 31,500 100.0% 31,500 100.0%

5350 · Training and Education 20,000.00 20,018.06 20,000.00 17,000 85.0% 20,000 117.6% 20,000 100.0% 20,000 100.0% 20,000 100.0%

5355 · Travel 16,005.86 15,000.00 15,000.00 15,000 100.0% 15,000 100.0% 15,000 100.0% 15,000 100.0% 15,000 100.0%

5360 · Utilities

5360-1 · Phone and Internet 23,000.00 21,400.00 20,000.00 20,000 100.0% 27,000 135.0% 27,000 100.0% 27,000 100.0% 27,000 100.0%

5360-2 · Electric-Hudson 25,000.00 27,000.00 27,000.00 27,000 100.0% 27,000 100.0% 27,000 100.0% 27,000 100.0% 27,000 100.0%

5360-4 · Water and Sewer-City of Waco 4,800.00 4,800.00 4,800.00 4,800 100.0% 4,800 100.0% 4,800 100.0% 4,800 100.0% 4,800 100.0%

Total 5360 · Utilities 52,800.00 53,200.00 51,800.00 51,800 100.0% 58,800 113.5% 58,800 100.0% 58,800 100.0% 58,800 100.0%

5365 · Misc Expenses 1,350.00 1,350.00 1,350.00 1,351 100.1% 1,352 100.1% 1,353 100.1% 1,354 100.1% 1,355 100.1%

5366 · Bank Service Fee

Total 5300 · Office Operation Expenses 301,724.55 317,925.35 306,858.00 305,401 99.5% 330,328 108.2% 335,391 101.5% 340,703 101.6% 346,274 101.6%

Page 2 of 3

4:01 PM

02/23/16

Accrual Basis



Approved Forecast

2015 2016 2017 2018 2019 2020 2021 2022

Final Budget

5400 · Maintenance Expenses

5401 · Building 15,624.24 19,254.55 15,000.00 10,000 66.7% 15,000 150.0% 15,000 100.0% 15,000 100.0% 15,000 100.0%

5402 · Elevator 51,645.02 5,000.00 5,000.00 5,000 100.0% 5,000 100.0% 5,000 100.0% 5,000 100.0% 5,000 100.0%

5405 · Computer Equipment-Hardware 23,000.00 6,000.00 6,000.00 6,000 100.0% 6,000 100.0% 6,000 100.0% 6,000 100.0% 6,000 100.0%

5410 · Small Equipment and Furniture 1,989.00 4,000.00 3,000.00 3,000 100.0% 3,000 100.0% 3,000 100.0% 3,000 100.0% 3,000 100.0%

5415 · Software Maintenance

5415-1 · True Automation-Harris 109,884.32 97,815.00 116,567.00 104,421 89.6% 124,421 119.2% 106,821 85.9% 126,821 118.7% 109,221 86.1%

5415-5 · Software Service 5,000.00 6,000.00 6,000.00 6,000 100.0% 6,000 100.0% 6,000 100.0% 6,000 100.0% 6,000 100.0%

5415-6 · ESRI 10,000.00 10,000.00 10,000.00 10,000 100.0% 10,000 100.0% 10,000 100.0% 10,000 100.0% 10,000 100.0%

5415-7 · Email License 4,820.00

Total 5415 · Software Maintenance 129,704.32 113,815.00 132,567.00 120,421 90.8% 140,421 116.6% 122,821 87.5% 142,821 116.3% 125,221 87.7%

5420 · Telephone Maintenance-PHD 1,662.99 1,800.00 1,800.00 1,800 100.0% 1,800 100.0% 1,800 100.0% 1,800 100.0% 1,800 100.0%

Total 5400 · Maintenance Expenses 223,625.57 149,869.55 163,367.00 146,221 89.5% 171,221 117.1% 153,621 89.7% 173,621 113.0% 156,021 89.9%

Total Expense 3,656,916.00 3,971,843.19 3,613,471.50 4,145,681 114.7% 4,011,016 96.8% 3,950,614 98.5% 4,039,978 102.3% 4,093,185 101.3%

Net Ordinary Income 857,248.00 -39,920.54 398,643.50 494,612 124.1% 589,611 119.2% 594,611 100.8% 543,611 91.4% 443,611 81.6%

Other Income/Expense

Other Expense

5500 · Capital Outlay

5501 · Building Improvements 5,000.00 5,000.00 5,000.00 5,000 100.0% 5,000 100.0% 5,000 100.0% 5,000 100.0% 5,000 100.0%

5502 · Small Equipment 14,000.00 10,000.00 10,000.00 5,000 50.0% 10,000 200.0% 15,000 150.0% 10,000 66.7% 10,000 100.0%

5505 · Large Equipment 115,900.00 20,000.00 20,000.00 60,000 300.0% 50,000 83.3% 50,000 100.0% 120,000 240.0% 20,000 16.7%

5510 · Large Furniture 0.00 1,000.00 1,000.00 1,000 100.0% 1,000 100.0% 1,000 100.0% 1,000 100.0% 1,000 100.0%

5515 · Software

5525 · Aerial Photography-Pictometry 54,341.00 70,000.00 70,000.00 196,000 280.0% 196,000 100.0% 196,000 100.0% 80,000 40.8% 80,000 100.0%

Total 5500 · Capital Outlay 189,241.00 106,000.00 106,000.00 267,000 251.9% 262,000 98.1% 267,000 101.9% 216,000 80.9% 116,000 53.7%

5600 · Debt Service Expense

5601 · Debt Srvc Interest-Bldg-Cap 1 78,901.65 101,415.00 71,331.71 50,256.00 108.4% 46,735.63 104.6% 43,055.29 104.6% 39,207.46 104.6% 35,184.52 104.6%

5605 · Debt Srvc Principal-Bldg-Cap 1 61,929.83 92,167.77 69,499.77 77,356.00 72.3% 80,875.75 93.0% 84,556.10 92.1% 88,403.92 91.1% 92,426.86 89.7%

Total 5600 · Debt Service Expense 140,831.48 193,582.77 140,831.48 127,612 90.6% 127,611 100.0% 127,611 100.0% 127,611 100.0% 127,611 100.0%

6000 · Contingency Fund

6005 · Equiptment Fund

6010 · General Contingency Fund 527,173.92 60,496.69 150,000.00 100,000 66.7% 200,000 200.0% 200,000 100.0% 200,000 100.0% 200,000 100.0%

Total 6000 · Contingency Fund 527,173.92 60,496.69 150,000.00 100,000 66.7% 200,000 200.0% 200,000 100.0% 200,000 100.0% 200,000 100.0%

Total Other Expense 857,246.40 360,079.46 396,831.48 494,612 124.6% 589,611 119.2% 594,611 100.8% 543,611 91.4% 443,611 81.6%

Net Other Income -857,246.40 -360,079.46 -396,831.48 -494,612 124.6% -589,611 119.2% -594,611 100.8% -543,611 91.4% -443,611 81.6%

Net Income 1.60 -400,000.00 1,812.02 - - - - -

Annual Budget increase 3.00% 15.7%

0.2%

Major Planned Expenses Appraisal HS Audit 110,600.00$ HS Audit Desktop PC Servers

Insurance Court Costs 250,000.00$ Desktop PC MD1200

Computer Services Telephone system 40,000.00$ Photo project Photo project

Court Costs Photo project 126,000.00$ Online Portal

True Automation-Harris Financial Officer $92,316.48

Fire wall 618,916.48$

Page 3 of 3

2018 Estimated Salaries

Payroll Employee RPA Current Hourly Mileage Salary

Hourly w/o

Mileage Totals Per Est. Salary

Est. Salary +

car GTL Pension Longevity

Type Position Salary/mileage Allowance Group

HIRE DATE

5001 Chief Appraiser X 129,480.00 62.25 6,480.00 123,000.00 59.13 126,075.00 132,555.00 1,703.67 1/1/2008 17294.55 480

5001 Asst. Chief Appraiser X 91,480.00 43.98 6,480.00 85,000.00 40.87 87,125.00 93,605.00 148.19 6/6/2011 12212.33 336

5001 Admin Assistant 35,000.00 16.83 35,000.00 16.83 37,075.00 37,075.00 43.47 7/1/2015 4819.75 0

5001 Admin Assistant 34,000.00 16.35 34,000.00 16.35 36,050.00 36,050.00 39.78 6/30/2014 4686.50 0

5001 Financial Officer 0.00 0.00 0.00 - 70,000.00 70,000.00 248.40 1/1/2018 9100.00 0

- 277,000.00 356,325.00 369,285.00 2,183.51

5002 Appraiser - Staff X 44,146.00 21.22 6,480.00 37,666.00 18.11 40,107.65 46,587.65 77.72 1/11/2010 6106.31 384



5002 Appraiser - Staff 39,980.00 19.22 6,480.00 33,500.00 16.11 35,837.50 42,317.50 41.56 1/6/2014 5501.28 0




5002 Appraiser - Senior X 61,480.00 29.56 6,480.00 55,000.00 26.44 59,375.00 65,855.00 98.05 1/6/2003 8654.75 720

5002 Appraiser 40,146.00 19.30 6,480.00 33,666.00 16.19 36,007.65 42,487.65 37.77 1/1/2012 5560.83 288




5002 Appraiser 37,480.00 18.02 6,480.00 31,000.00 14.90 33,275.00 39,755.00 2.36 12/5/2016 5168.15 0


5002 Appraiser - Senior X 67,520.00 32.46 2,520.00 65,000.00 31.25 67,125.00 69,645.00 460.74 10/13/2003 9147.45 720


5002 Appraiser 39,980.00 19.22 6,480.00 33,500.00 16.11 35,837.50 42,317.50 33.25 11/5/2013 5501.28 0


5002 Appraiser - Senior X 90,480.00 43.50 6,480.00 84,000.00 40.38 86,100.00 92,580.00 2,059.84 3/26/2001 12141.48 816


- 917,998.00 963,047.95 1,084,607.95 5,111.47

5003 GIS Mapping Tech - Sr. 71,000.00 34.13 1,500.00 69,500.00 33.41 71,237.50 72,737.50 492.65 3/18/1985 9611.88 1200

5003 GIS Mapping Tech 45,500.00 21.88 1,000.00 44,500.00 21.39 45,612.50 46,612.50 31.12 9/20/2010 6109.55 384

5003 GIS Mapping Tech 42,500.00 20.43 42,500.00 20.43 43,562.50 43,562.50 44.55 2/7/2005 5744.25 624

- 156,500.00 160,412.50 162,912.50 568.32 20853.63

-

5004 Data Analyst 33,000.00 15.87 33,000.00 15.87 33,825.00 33,825.00 31.77 4/1/2015 4397.25 0

5004 Data Clerk 30,000.00 14.42 30,000.00 14.42 26,000.00 26,000.00 0.00 1/18/2000 3492.32 864

5004 Data Clerk 29,000.00 13.94 29,000.00 13.94 30,725.00 30,725.00 174.50 1/1/2006 4069.13 576

5004 Cust Serv Supervisor 42,000.00 20.19 42,000.00 20.19 46,050.00 46,050.00 75.78 2/24/2003 6080.10 720

5004 Data Analyst 28,000.00 13.46 28,000.00 13.46 29,700.00 29,700.00 48.50 8/1/2014 3861.00 0

5004 Data Clerk 27,500.00 13.22 27,500.00 13.22 26,000.00 26,000.00 0.00 8/1/2017 3380.00 0

5004 Data Clerk 25,000.00 12.02 25,000.00 12.02 27,125.00 27,125.00 0.00 1/1/2017 3526.25 0

5004 Data Clerk 28,000.00 13.46 28,000.00 13.46 29,700.00 29,700.00 6.77 8/11/2014 3861.00 0

5004 Data Analyst 33,000.00 15.87 33,000.00 15.87 33,825.00 33,825.00 5.65 11/5/2013 4397.25 0

5004 Data Analyst 38,000.00 18.27 38,000.00 18.27 39,950.00 39,950.00 154.28 3/31/2007 5262.14 528

5004 Data Clerk 26,000.00 12.50 26,000.00 12.50 27,150.00 27,150.00 3.96 10/15/2012 3566.94 288

5004 Data Clerk 33,000.00 15.87 33,000.00 15.87 33,825.00 33,825.00 31.77 4/1/2014 4397.25 0

5004 Data Analyst 26,000.00 12.50 26,000.00 12.50 27,150.00 27,150.00 11.87 2/9/2015 3529.50 0

5004 Data Clerk 33,000.00 15.87 33,000.00 15.87 33,825.00 33,825.00 12.71 5/1/2015 4397.25 0

431,500.00 444,850.00 444,850.00 557.55 290797.00 14832

TOTALS 1,920,018.00 137,020.00 1,782,998.00 Salary 1,924,635.45

42 Salary + Car 2,061,655.45

2017 2018

2018 Projected Salaries and Benefits

A B D E F G H I J K L M N O P

PROJECTED HEALTH

2017 2017 AUTO CHIEF'S COL 2018 398.45*12% =446.27

PAYROLL HOURLY Salary PART OF 2.5% COLA

1/4 AVG PAY

DIFFERENCE

One time

Merit TOTAL SALARIES TOTALS HOURLY SALARY

Salary +Auto +

GTL FICA 12% INCREASE Life Total

TYPE NAME 2017 SALARY FOR 2018 FOR BUDGET BY CATEGORY 2018 + AUTO HRA Projected 5% LONGEVITY

2018 Increase 2018

sort D*2080 E+G H8/2080 O * .0765

1 5001 CHIEF APPR 59.13 123,000.00 6480.00 3,075.00 126,075.00 60.61 $132,555.00 $1,703.67 $134,258.67 10,270.79 5,355.24 731.71 504.32 480.00

2 5001 ASST CHIEF APPR 40.87 85,000.00 6480.00 2,125.00 87,125.00 41.89 $93,605.00 $148.19 $93,753.19 7,172.12 5,355.24 731.71 403.46 336.00

3 5001 ADMIN ASST 16.83 35,000.00 875.00 1,200.00 37,075.00 17.82 $37,075.00 $43.47 $37,118.47 2,839.56 5,355.24 731.71 174.02 0.00

4 5001 ADMIN ASST 16.35 34,000.00 850.00 1,200.00 36,050.00 17.33 $36,050.00 $39.78 $36,089.78 2,760.87 5,355.24 731.71 156.41 0.00

4 5001 FINANCIAL ACCOUNTANT 0.00 70,000.00 33.65 $70,000.00 $248.40 $70,248.40 5,374.00 5,355.24 731.71 156.41 0.00

5,540.00 356,325.00 $369,285.00 $2,183.51 $371,468.51

5 5002 COMMERCIAL‐‐SENIOR APPRAIS 40.38 84,000.00 6,480.00 2,100.00 86,100.00 41.39 $92,580.00 $2,059.84 $94,639.84 7,239.95 5,355.24 731.71 413.57 816.00

6 5002 COMMERCIAL‐‐STAFF APPRAISE 28.13 58,500.00 6,480.00 1,462.50 59,962.50 28.83 $66,442.50 $656.45 $67,098.95 5,133.07 5,355.24 731.71 287.49 1,200.00

7 5002 COMMERCIAL‐‐STAFF APPRAISE 19.95 41,500.00 6,480.00 1,037.50 750.00 43,287.50 20.81 $49,767.50 $59.44 $49,826.94 3,811.76 5,355.24 731.71 194.24 288.00

8 5002 COMMERCIAL‐‐STAFF APPRAISE 27.16 56,500.00 6,480.00 1,412.50 57,912.50 27.84 $64,392.50 $406.53 $64,799.03 4,957.13 5,355.24 731.71 274.88 672.00

9 5002 COMMERCIAL‐‐STAFF APPRAISE 31.73 66,000.00 6,480.00 66,000.00 31.73 $72,480.00 $0.00 $72,480.00 5,544.72 5,355.24 731.71 213.15 0.00

6,130.00 313,262.50 $345,662.50 $3,182.26 $348,844.76

10 5002 RES‐‐SUPERVISOR 26.44 55,000.00 6,480.00 1,375.00 3,000.00 59,375.00 28.55 $65,855.00 $98.05 $65,953.05 5,045.41 5,355.24 731.71 254.66 720.00

11 5002 RES‐‐STAFF APPRAISER 25.48 53,000.00 6,480.00 1,325.00 54,325.00 26.12 $60,805.00 $567.15 $61,372.15 4,694.97 5,355.24 731.71 262.27 768.00

12 5002 RES‐‐JR APPRAISER 14.90 31,000.00 6,480.00 775.00 1,500.00 33,275.00 16.00 $39,755.00 $2.36 $39,757.36 3,041.44 5,355.24 731.71 252.00 0.00

13 5002 RES‐‐STAFF APPRAISER 20.19 42,000.00 6,480.00 1,050.00 43,050.00 20.70 $49,530.00 $253.15 $49,783.15 3,808.41 5,355.24 731.71 206.84 480.00

14 5002 RES‐‐STAFF APPRAISER 19.47 40,500.00 6,480.00 1,012.50 500.00 42,012.50 20.20 $48,492.50 $50.74 $48,543.24 3,713.56 5,355.24 731.71 196.61 576.00

15 5002 RES‐‐STAFF APPRAISER 18.11 37,666.00 6,480.00 941.65 1,500.00 40,107.65 19.28 $46,587.65 $77.72 $46,665.37 3,569.90 5,355.24 731.71 184.01 384.00

16 5002 RES‐‐STAFF APPRAISER 18.11 37,666.00 6,480.00 941.65 1,500.00 40,107.65 19.28 $46,587.65 $46.63 $46,634.28 3,567.52 5,355.24 731.71 184.01 528.00

17 5002 RES‐‐JR APPRAISER 16.11 33,500.00 6,480.00 837.50 1,500.00 35,837.50 17.23 $42,317.50 $41.56 $42,359.06 3,240.47 5,355.24 731.71 161.41 0.00

18 5002 RES‐‐ JR APPRAISER 16.19 33,666.00 6,480.00 841.65 1,500.00 36,007.65 17.31 $42,487.65 $37.77 $42,525.42 3,253.19 5,355.24 731.71 161.41 288.00

19 5002 RES‐‐JR APPRAISER 16.11 33,500.00 6,480.00 837.50 1,500.00 35,837.50 17.23 $42,317.50 $33.25 $42,350.75 3,239.83 5,355.24 731.71 161.41 0.00

7,949.96 419,935.45 $484,735.45 $1,208.39 $485,943.84

20 5002 BPP‐‐SENIOR APPRAISER 31.25 65,000.00 2,520.00 1,625.00 500.00 67,125.00 32.27 $69,645.00 $460.74 $70,105.74 5,363.09 5,355.24 731.71 320.32 720.00

21 5002 BPP‐‐APPRAISER 18.75 39,000.00 5,460.00 975.00 2,500.00 42,475.00 20.42 $47,935.00 $126.60 $48,061.60 3,676.71 5,355.24 731.71 194.24 0.00

22 5002 BPP‐‐APPRAISER 18.27 38,000.00 5,460.00 950.00 2,500.00 41,450.00 19.93 $46,910.00 $52.58 $46,962.58 3,592.64 5,355.24 731.71 189.12 432.00

23 5002 BPP‐‐STAFF APPRAISER 17.55 36,500.00 5,460.00 912.50 2,500.00 39,912.50 19.19 $45,372.50 $39.12 $45,411.62 3,473.99 5,355.24 731.71 179.01 480.00

24 5002 BPP‐‐STAFF APPRAISER 17.07 35,500.00 5,460.00 887.50 2,500.00 38,887.50 18.70 $44,347.50 $41.79 $44,389.29 3,395.78 5,355.24 731.71 176.51 480.00

4,280.00 229,850.00 $254,210.00 $720.83 $254,930.83

Projected

Taxable Group

Term Life

446.27X12% =5355.24


A B D E F G H I J K L M N O P

PROJECTED HEALTH

2017 2017 AUTO CHIEF'S COL 2018 398.45*12% =446.27

PAYROLL HOURLY Salary PART OF 2.5% COLA

1/4 AVG PAY

DIFFERENCE

One time

Merit TOTAL SALARIES TOTALS HOURLY SALARY

Salary +Auto +

GTL FICA 12% INCREASE Life Total

TYPE NAME 2017 SALARY FOR 2018 FOR BUDGET BY CATEGORY 2018 + AUTO HRA Projected 5% LONGEVITY

2018 Increase 2018

sort D*2080 E+G H8/2080 O * .0765

Projected

Taxable Group

Term Life

446.27X12% =5355.24

25 5003 GIS SUPERVISOR 33.41 69,500.00 1500.00 1,737.50 71,237.50 34.25 $72,737.50 $492.65 $73,230.15 5,602.11 5,355.24 731.71 342.92 1,200.00

26 5003 GIS MAPPER 21.39 44,500.00 1000.00 1,112.50 45,612.50 21.93 $46,612.50 $31.12 $46,643.62 3,568.24 5,355.24 731.71 219.45 384.00

27 5003 GIS MAPPER 20.43 42,500.00 1,062.50 43,562.50 20.94 $43,562.50 $44.55 $43,607.05 3,335.94 5,355.24 731.71 206.84 624.00

3,130.00 160,412.50 $162,912.50 $568.32 $163,480.82

28 5004 CUST SERV SUPERVISOR 20.19 42,000.00 1,050.00 3,000.00 46,050.00 22.14 $46,050.00 $75.78 $46,125.78 3,528.62 5,355.24 731.71 201.73 720.00

29 5004 CS‐‐DATA CLERK 13.94 29,000.00 725.00 1,000.00 30,725.00 14.77 $30,725.00 $174.50 $30,899.50 2,363.81 5,355.24 731.71 138.69 576.00

30 5004 CS‐ DATA CLERK 12.02 25,000.00 625.00 1,500.00 27,125.00 13.04 $27,125.00 $0.00 $27,125.00 2,075.06 5,355.24 731.71 179.01 0.00

31 5004 CS‐ DATA CLERK 12.50 26,000.00 650.00 500.00 27,150.00 13.05 $27,150.00 $11.87 $27,161.87 2,077.88 5,355.24 731.71 128.58 0.00

32 5004 CS‐ DATA CLERK 12.50 26,000.00 650.00 500.00 27,150.00 13.05 $27,150.00 $3.96 $27,153.96 2,077.28 5,355.24 731.71 252.00 288.00

33 5004 DATA ANALYST 18.27 38,000.00 950.00 1,000.00 39,950.00 19.21 $39,950.00 $154.28 $40,104.28 3,067.98 5,355.24 731.71 179.01 528.00

34 5004 DATA ANALYST 14.42 30,000.00 26,000.00 12.50 $26,000.00 $0.00 $26,000.00 1,989.00 5,355.24 731.71 151.30 864.00

35 5004 DATA ANALYST 15.87 33,000.00 825.00 33,825.00 16.26 $33,825.00 $5.65 $33,830.65 2,588.04 5,355.24 731.71 153.79 0.00

36 5004 DATA ANALYST 13.22 27,500.00 687.50 26,000.00 12.50 $26,000.00 $0.00 $26,000.00 1,989.00 5,355.24 731.71 133.57 0.00

37 5004 DATA ANALYST 15.87 33,000.00 825.00 33,825.00 16.26 $33,825.00 $31.77 $33,856.77 2,590.04 5,355.24 731.71 133.57 0.00

38 5004 DATA ANALYST 13.46 28,000.00 700.00 1,000.00 29,700.00 14.28 $29,700.00 $6.77 $29,706.77 2,272.57 5,355.24 731.71 133.57 0.00

39 5004 DATA ANALYST‐BPP 13.46 28,000.00 700.00 1,000.00 29,700.00 14.28 $29,700.00 $48.50 $29,748.50 2,275.76 5,355.24 731.71 131.20 0.00

40 5004 DATA ANALYST 15.87 33,000.00 825.00 33,825.00 16.26 $33,825.00 $31.77 $33,856.77 2,590.04 5,355.24 731.71 131.20 0.00

41 5004 DATA ANALYST 15.87 33,000.00 825.00 33,825.00 16.26 $33,825.00 $12.71 $33,837.71 2,588.58 5,355.24 731.71 158.79 0.00

8,630.00 444,850.00 $444,850.00 $557.55 $445,407.55

1,782,998.00 137020.00 42,174.95 1,924,635.45 1,924,635.45

71,319.92 35,669.92

2017 Budgeted Salary

1796000 1,937,840.00

71840 13,204.55

158,360.84 224,920.08 30,731.82 $8,836.98 $14,832.00

2,880.00158,813.00 234,000.00 34,000.00 8850.00 12,500.00

AUTO = $2,061,655.45 FICA HEALTH HRA LIFE LONGEVITY137,020.00

MERIT 1.5% OF GROSS SALARY


B

PAYROLL

TYPE NAME

5001 CHIEF APPR

5001 ASST CHIEF APPR

5001 ADMIN ASST

5001 ADMIN ASST

5001 FINANCIAL ACCOUNTANT

5002 COMMERCIAL‐‐SENIOR APPRAIS

5002 COMMERCIAL‐‐STAFF APPRAISE




5002 RES‐‐SUPERVISOR

5002 RES‐‐STAFF APPRAISER

5002 RES‐‐JR APPRAISER






5002 RES‐‐ JR APPRAISER


5002 BPP‐‐SENIOR APPRAISER

5002 BPP‐‐APPRAISER

5002 BPP‐‐APPRAISER

5002 BPP‐‐STAFF APPRAISER

5002 BPP‐‐STAFF APPRAISER

Q R S T U V W X Y Z AA

WORKERS

PENSION UNEMPLOYMENT COMP DISABILITY TOTAL ANNUAL

13.00% UAAL COMPENSATION WORKSHEET SALARY & BY CATEGORY TOTAL BENEFITS

$30,000 / 42 Projected 5% BENEFITS SALARIES AND 2018 SALARIES ONLY

5125 .019 X 1ST $9000 5135 5113 2018 BENEFITS

(K+P)*0.13 714.29

17,294.55 714.29 216.67 1,352.06 405.60 $171,583.90 $45,508.90 126,080.00

12,212.33 714.29 216.67 954.77 270.36 $122,120.13 $34,995.13 87,130.00

4,819.75 714.29 216.67 166.84 114.96 $52,251.51 $15,176.51 37,080.00

4,686.50 714.29 216.67 162.23 104.76 $50,978.45 $14,928.45 36,050.00

9,100.00 714.29 216.67 315.00 104.76 $92,316.48 $22,316.48 70,000.00

$489,250.48 $132,925.48 356,340.00

-

12,141.48 714.29 216.67 944.32 277.20 $123,490.26 $28,850.42 86,100.00

8,793.53 714.29 216.67 677.71 192.60 $90,401.25 $23,302.31 59,960.00

6,507.22 714.29 216.67 507.63 128.40 $68,282.09 $18,455.15 43,290.00

8,458.39 714.29 216.67 656.80 184.20 $87,020.33 $22,221.30 57,910.00

9,422.40 714.29 216.67 739.30 219.72 $95,637.19 $23,157.19 66,000.00

$464,831.14 $115,986.38 $313,260.00

8,654.75 714.29 216.67 671.72 168.96 $88,486.46 $22,533.41 59,380.00

8,004.49 714.29 216.67 620.21 175.80 $82,915.80 $21,543.65 54,330.00

5,168.15 714.29 216.67 405.50 174.00 $55,816.36 $16,059.00 33,280.00

6,501.30 714.29 216.67 505.21 138.60 $68,441.42 $18,658.27 43,050.00

6,378.91 714.29 216.67 494.62 131.88 $67,052.73 $18,509.49 42,010.00

6,106.31 714.29 216.67 475.19 121.68 $64,524.37 $17,859.01 40,110.00

6,125.03 714.29 216.67 475.19 121.68 $64,653.63 $18,019.35 40,110.00

5,501.28 714.29 216.67 431.64 108.12 $58,819.88 $16,460.82 35,840.00

5,560.83 714.29 216.67 433.37 108.12 $59,348.26 $16,822.84 36,010.00

5,501.28 714.29 216.67 431.64 108.12 $58,810.93 $16,460.18 35,840.00

$668,869.85 $182,926.02 $419,960.00

9,147.45 714.29 216.67 710.38 213.00 $93,597.88 $23,492.14 67,130.00

6,231.55 714.29 216.67 488.94 128.40 $65,799.35 $17,737.75 42,480.00

6,154.46 714.29 216.67 478.48 125.04 $64,952.23 $17,989.65 41,450.00

5,960.83 714.29 216.67 462.80 118.32 $63,104.47 $17,692.85 39,910.00

5,827.58 714.29 216.67 452.34 116.64 $61,856.05 $17,466.76 38,890.00

$349,309.98 $94,379.16 $229,860.00


B

PAYROLL

TYPE NAME

5003 GIS SUPERVISOR

5003 GIS MAPPER

5003 GIS MAPPER

5004 CUST SERV SUPERVISOR

5004 CS‐‐DATA CLERK

5004 CS‐ DATA CLERK



5004 DATA ANALYST

5004 DATA ANALYST

5004 DATA ANALYST

5004 DATA ANALYST

5004 DATA ANALYST

5004 DATA ANALYST

5004 DATA ANALYST‐BPP

5004 DATA ANALYST

5004 DATA ANALYST

2017 Budgeted Salary

1796000

71840

MERIT 1.5% OF GROSS SALARY

Q R S T U V W X Y Z AA

WORKERS

PENSION UNEMPLOYMENT COMP DISABILITY TOTAL ANNUAL

13.00% UAAL COMPENSATION WORKSHEET SALARY & BY CATEGORY TOTAL BENEFITS

$30,000 / 42 Projected 5% BENEFITS SALARIES AND 2018 SALARIES ONLY

5125 .019 X 1ST $9000 5135 5113 2018 BENEFITS

(K+P)*0.13 714.29

9,611.88 714.29 216.67 327.32 229.80 $97,562.08 $24,331.93 71,240.00

6,109.55 714.29 216.67 209.76 147.00 $64,299.52 $17,655.90 45,610.00

5,744.25 714.29 216.67 196.03 138.60 $60,870.62 $17,263.57 43,560.00

$222,732.22 $59,251.40 $160,410.00

-

6,080.10 714.29 216.67 207.23 135.24 $64,016.61 $17,890.83 46,050.00

4,069.13 714.29 216.67 138.26 92.88 $45,296.18 $14,396.68 30,730.00

3,526.25 714.29 216.67 122.06 117.32 $40,162.62 $13,037.62 27,130.00

3,529.50 714.29 216.67 122.18 84.48 $40,122.39 $12,960.53 27,150.00

3,566.94 714.29 216.67 122.18 100.80 $40,579.06 $13,425.10 27,150.00

5,262.14 714.29 216.67 179.78 118.32 $56,457.42 $16,353.13 39,950.00

3,492.32 714.29 216.67 117.00 101.40 $39,732.93 $13,732.93 26,000.00

4,397.25 714.29 216.67 152.21 103.08 $48,242.94 $14,412.29 33,830.00

3,380.00 714.29 216.67 117.00 89.52 $38,727.00 $12,727.00 26,000.00

4,397.25 714.29 216.67 152.21 89.52 $48,237.28 $14,380.51 33,830.00

3,861.00 714.29 216.67 133.65 89.52 $43,214.99 $13,508.22 29,700.00

3,861.00 714.29 216.67 133.65 87.84 $43,255.86 $13,507.36 29,700.00

4,397.25 714.29 216.67 152.21 87.84 $48,233.22 $14,376.45 33,830.00

4,397.25 714.29 216.67 152.21 105.48 $48,257.94 $14,420.23 33,830.00

$644,536.43 $199,128.87 $444,880.00

-

-

-

-

-

$269,943.37 $30,000.18 $9,100.14 16,748.83 $5,979.56 $2,839,530.10 2,839,530.10 $784,597.30 $784,597.30 $1,924,710.00 $1,924,710.00

270267 30000 9200 16800.00 6000.00 780,430.00PENSION PENSION UAAUNEMPLOYMENTWORK COMP DISABILITY

MCLENNAN COUNTY APPRAISAL DISTRICT PRELIMINARY 2017 BUDGET ALLOCATION

2018 TOTAL BUDGET = $4,640,293

2018 ENTITY SUPPORT = $4,626,143

JURISDICTION 2017 TAX LEVYPERCENT OF TOTAL

LEVY & BUDGET2018 ALLOCATION

2018 QUARTERLY

PAYMENT

SCHOOL DISTRICTS

AXTELL ISD 1,362,142.72 0.347326% 16,068 4,016.95

BOSQUEVILLE ISD 2,180,247.35 0.555931% 25,718 6,429.54

BRUCEVILLE-EDDY ISD 1,818,759.62 0.463757% 21,454 5,363.51

CHINA SPRING ISD 10,086,025.50 2.571787% 118,975 29,743.64

CONNALLY ISD 7,643,660.52 1.949021% 90,164 22,541.12

CRAWFORD ISD 2,006,259.40 0.511567% 23,666 5,916.45

GHOLSON ISD 453,618.41 0.115666% 5,351 1,337.72

HALLSBURG ISD 842,453.58 0.214813% 9,938 2,484.39

LA VEGA ISD 10,549,364.56 2.689932% 124,440 31,110.03

LORENA ISD 6,913,922.84 1.762948% 81,557 20,389.13

MART ISD 932,977.06 0.237895% 11,005 2,751.34

MCGREGOR ISD 5,125,420.92 1.306907% 60,459 15,114.84

MIDWAY ISD 60,177,149.69 15.344284% 709,849 177,462.13

MOODY ISD 1,506,078.92 0.384028% 17,766 4,441.42

OGLESBY ISD 8,090.44 0.002063% 95 23.86

RIESEL ISD 10,247,405.56 2.612937% 120,878 30,219.55

ROBINSON ISD 8,777,236.76 2.238066% 103,536 25,884.03

VALLEY MILLS ISD 662,706.54 0.168980% 7,817 1,954.32

WACO ISD 70,748,472.48 18.039815% 834,548 208,636.91

WEST ISD 5,070,675.26 1.292947% 59,814 14,953.40

COUNTY

MCLENNAN COUNTY 75,317,935.76 19.204961% 888,449 222,112.24

CITIES

BELLMEAD 1,242,288.86 0.316765% 14,654 3,663.50

BEVERLY HILLS 467,590.81 0.119229% 5,516 1,378.92

BRUCEVILLE-EDDY 308,851.21 0.078752% 3,643 910.80

CRAWFORD 218,737.86 0.055775% 2,580 645.06

GHOLSON 76,119.04 0.019409% 898 224.47

HALLSBURG 13,374.00 0.003410% 158 39.44

HEWITT 4,189,262.56 1.068200% 49,416 12,354.12

LACY-LAKEVIEW 1,140,995.67 0.290937% 13,459 3,364.79

LEROY 33,986.00 0.008666% 401 100.22

LORENA 612,137.66 0.156086% 7,221 1,805.19

MART 401,944.87 0.102490% 4,741 1,185.33

MCGREGOR 1,973,243.53 0.503148% 23,276 5,819.09

MOODY 275,488.80 0.070246% 3,250 812.42

RIESEL 200,807.89 0.051203% 2,369 592.18

ROBINSON 3,674,920.29 0.937050% 43,349 10,837.32

VALLEY MILLS 2,392.42 0.000610% 28 7.06

WACO 65,985,601.76 16.825354% 778,365 194,591.23

WEST 906,196.43 0.231067% 10,689 2,672.37

WOODWAY 4,681,797.26 1.193789% 55,226 13,806.60

SPECIAL DISTRICTS

CASTLEMAN CREEK WATERSHED 22,194.39 0.005659% 262 65.45

ELM CREEK WATERSHED 10,369.78 0.002644% 122 30.58

MCLENNAN COMMUNITY COLLEGE 23,273,795.49 5.934474% 274,537 68,634.31TEHUACANA CREEK WATER &

CONTROL DIST #136,883.50 0.009405% 435 108.77 1,156,535.75$

TOTAL 392,179,583.97 100.000000% 4,626,143 1,156,535.75

4,626,143

CALCULATION CHECK

MODIFIED 5/19/17 eo

Appraisal District Longevity Survey

DeWitt $3 per mo after 3 years, no limit

McLennan $4 per mo after 5 years, $1200 max

Archer $5 per mo after 5 years

Scurry $5 per mo, 25 yr max

Erath $5 per mo

Grayson $5 per mo, + incentive pay for passing MAPS & PVS

Bosque $5 per mo after 5 years up to $1200

Red River $8.33 per month or $2000 for 10 years, and $1000 for every 5 yrs after

Freestone $8 per mo, 20 yr max

Houston $8 per mo, 20 yr max

Dallam $10 per mo after 5 years, $3000 max

Palo Pinto $10 per mo after yr 1

Leon $10 per mo $2400 max

Limestone $10 per mo no limit

Brown $10 per mo, $2400 max

Cooke $10 per mo, $3000 max

Hill .5% of salary after 3 years

Navarro $1000 1‐5 yrs / $2000 6‐11 yrs / $3000 11yrs up

Pecos 1% salary for every 4 yrs of service up to 5%

Williamson 5‐9 yrs = $250 / 10‐14yrs = $500 / 15‐19yrs = $750 / 20 yrs up = $1000

Bandera $300 per yr after 5 yrs, $450 per yr after 10 yrs, $600 per yr afer 15 yrs

Austin $400 per year

Comanche $500 per year

Blanco $500 = 1‐4yrs, $1000 = 5‐10 yrs, $1500 = 10‐14 yrs, $2000 = 15+yrs

Lamar $75 per year

Wilson $100 per year

Bexar 1‐2% COLA lump sum, paid in Jan each year

Valverde 1% salary for 5 yrs, 2% of salary for 10yrs

Bell Salary *.005 * years worked /24 $3,440 total expense for MCAD

Smith

Jefferson

Brazos Doesn’t do longevity

$/mo 1,200$ $2,000.00

$4.00 14,832 15,216

$5.00 17,940 19,020

$6.00 20,928 22,448

$7.00 23,292 25,756

$8.00 25,056 28,864

$9.00 26,496 31,972

$10.00 27,600 34,880

$ Limit

District would recommend a $2 increase in dollar per month

and increase maximum limit from $1200 to $2000 to be more

in line with surrounding counties.

$10/month with cap of $960 starting at year one, but based on budget so

may not do it some years.

Doesn’t do Longevity, but starting appraiser makes $7,000 more per year,

and starting Cust Serv makes $4,500 more per year


May 24, 2017

To: Mclennan County Appraisal District Board of Directors

Subject: Taxpayer Liaison Officer Complaints Report

I have no complaints to report at this time.

We are nearing the end of informal appointments with last day for most being May 31 . First day of formal hearings was Monday May 22. Next two months will be very busy. We are ready.

Thank you and have a blessed day.

Betty Sanchez - T

P.O. Box 2297 Waco, TX 76703-2297+ 315 S. 261h St. Waco, TX 76710 + {254) 752-9864 Phone + {254) 754-2339 Fax

www.mclennancad .org

May 24, 2017 APPRAISAL:

RESIDENTIAL NOTICES WENT OUT APRIL 3RD, COMMERCIAL ON MAY 1ST, AND APPROXIMATELY 750 ARE STILL

BEING REVIEWED TO SEND. PERSONAL PROPERTY ARE SCHEDULED MAY 30TH, Average 9% increase for residential, 13% tentatively for Commercial

ARB:

• INFORMAL MEETINGS HAVE STARTED • PROTESTS STARTED MONDAY, MAY 22ND • 1439 PROTESTS FILED COMPARED TO 1400 THIS TIME LAST YEAR • 5518 INQUIRIES- 1700 MORE THAN LAST YEAR AT THIS TIME

ARBITRATION:

32 COMPLETED ARBITRATIONS FILED FOR 2016.

LAWSUITS:

5 SETTLED.

TRAINING AND EDUCATION:

• 1 APPRAISER PASSED FINAL TEST TO BECOME RPA • HAVE 2 APPRAISERS THAT WILL TEST AFTER ARB • 1 APPRAISER IN FIRST YEAR OF TRAINING

FORMAL OPEN RECORDS REQUESTS: SINCE JANUARY 1, 2017,

• LISA – 26

BUILDING/FACILITIES:

NOTHING TO REPORT AT THIS TIME.

MISCELLANEOUS:

LETTER FOLDING MACHINE BEING REPAIRED

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