ANNUAL BUDGET 2013-2014 Allen, Texas The Courses at Watters Creek reflects the City of Allen's vision to provide top‐ quality recreational facilities for residents, families and guests; centrally located on Highway 75 on the Allen/Plano border, the inviting and environmentally friendly design by Weibring‐Wolfard Golf Design sets the standard for a community golf experience‐ three courses designed for players of all abilities, all at a competitive value. It's not the old Chase Oaks...it's the new Courses at Watters Creek. For more on Allen, Texas please visit: http://www.cityofallen.org http://www.allentx.com/ http://visitallentexas.com/ In accordance with the passage of S.B. No. 656, Local Government Code, Sec. 102.007, was amended to require that an adopted municipal budget must contain a cover page that includes the following information: “This budget will raise more revenue from property taxes than last year's budget by an amount of $1,319,775, which is a 2.99 percent increase from last year's budget. The property tax revenue to be raised from new property added to the tax roll this year is $763,381”. The members of the governing body voted on the budget as follows: FOR: Stephen Terrell, Mayor Gary L. Caplinger, Mayor Pro Tem, Place 5 Kurt Kizer, Place 1 Ross Obermeyer, Place 2 Joey Herald, Place 3 Robin L. Sedlacek, Place 4 Baine Brooks, Place 6 AGAINST: None P RESENT and not voting: None A BSENT: N one Property Tax Rate Comparison 2013-2014 2012-2013 Property Tax Rate: $0.550000/100 $0.552000/100 Effective Tax Rate: $0.535587/100 $0.534088/100 Effective Maintenance & Operations Tax Rate: $0.393015/100 $0.391548/100 Rollback Tax Rate: $0.565335/100 $0.569813/100 Debt Rate: $0.140879/100 $0.146942/100 Total debt obligation for City of Allen secured by property taxes: $97,535,000 CITY OF ALLEN, TEXAS PROPOSED ANNUAL BUDGET FISCAL YEAR 2013 – 2014   Presented to the City Council  September 10, 2013      Councilmembers    Mayor            Stephen Terrell  Mayor Pro Tem, Place No. 5      Gary L. Caplinger  Councilmember, Place No. 1                Kurt Kizer  Councilmember, Place No. 2      Ross Obermeyer  Councilmember, Place No. 3      Joey Herald  Councilmember, Place No. 4      Robin L. Sedlacek  Councilmember, Place No. 6      Baine Brooks      Management Staff    City Manager         Peter  H. Vargas  Chief Financial Officer       Kevin  Hammeke  Assistant Finance Director      Joanne Stoehr  Budget Officer         Chris  Landrum C I T Y O F A L L E N Our Mission To achieve excellence in managing development of the community and in providing city services so that conditions of living and public confidence are continually enhanced. Our Pledge to fulfill our mission in a way that: RESPECTS AND VALUES CITIZENS AND EMPLOYEES § NURTURES COMMUNITY INVOLVEMENT § DEMONSTRATES THE HIGHEST ETHICAL STANDARDS § IMPROVES EFFECTIVE COMMUNICATIONS § MODELS SAFETY § EXEMPLIFIES PROFESSIONALISM § PROMOTES TEAMWORK § DEMONSTRATES STEWARDSHIP § REWARDS MERITORIOUS PERFORMANCE § MAXIMIZES THE USE OF TECHNOLOGY § ENCOURAGES FLEXIBILITY, INNOVATION AND CREATIVITY § UTILIZES EFFECTIVE PLANNING § PROVIDES OPPORTUNITIES FOR PERSONAL AND PROFESSIONAL GROWTH FOR ALL PERSONNEL § AND ASSIGNS APPROPRIATE RESPONSIBILITY AND ACCOUNTABILITY.