Board of Aldermen Budget Work Session

City of Odessa Proposed Fee Changes & Revenue Projections Budget Workshop #1 February 5th, 2024 Buildings and Construction New Building Permit Fees Proposed: Fence: $50.00 Demolition: $80.00 Pool - In Ground: $75.00 Pool - Above Ground: $25.00 Buildings and Construction New Plan Review Fees: Residential - Accessory Building: $110.00 Residential - New Single Family: $275.00 Residential - All Other: 25% of Building Permit Fee Commercial - All Types: 25% of Building Permit Fee New Sign Permit Fees: Permanent: $75.00 Temporary: $25.00  Buildings and Construction Special Building/Construction Inspection Off hours inspections (minimum charge-two hours): $175.00/hour Re-inspections (minimum charge - two hours): $100.00/hour All other inspections (minimum charge - two hours): $100.00/hour  Business License Fees Proposing to make all License fees the same amount $60.00 Administration Dishonored payment charge $10.00 to $25.00  Zoning FiIing an appeal to the board of appeals: $75.00 Filing an appeal to the board of adjustments: $75.00 Rezoning application: $150.00 plus publication cost Conditional use permit application: $150.00 plus notice fee Variance application: $100.00 plus notice fee Vacation: $100.00 plus notice fee Lot Split: $100.00 Preliminary Plat: $150.00 Final Plat: $150.00 Utility Revenue Projections  Water Sales Proposed 2022-23 2023-24 2024-25 Customer 2259 2227 2235 Count Base Rate $25.436 $26.199 $26.985 Cost per 100 $0.55 $0.55 $0.55 Gallons Revenue $ 1,327,464.00 $ 1,361,341.75 $ 1,390,837.09  Wastewater Charges Proposed 2022-23 2023-24 2024-25 Customer Count 2191 2201 2207 Base Rate $44.49 $44.49 $44.49 Cost Per 100 $0.65 $0.65 $0.65 Gallons Debt Service $1,069,321.00 $1,061,420.00 $1,049,708.00 CIP Costs $120,000.00 $160,000.00 $146,500.00 CIRA (Monthly) $9.45 $10.62 $9.64 Revenue $2,239,101.36 $2,223,750.00 $2,239,030.61  Energy Sales 2022-23 2023-24 Proposed 2024-25 Residential Customer Charge $ 19.10 $ 19.67 $ 20.26 All kwh $ 0.0970 $ 0.0972 $ 0.0977 Commercial Customer Charge $ 39.25 $ 40.43 $ 41.64 All kwh $ 0.1263 $ 0.1274 $ 0.1288 Industrial Customer Charge $ 51.98 $ 53.54 $ 55.15 All kwh $ 0.0942 $ 0.0957 $ 0.0972 KW Demand $ 7.12 $ 7.12 $ 7.12 Demand Primary Metered General Customer Charge $ 62.59 $ 64.47 $ 66.40 Service All kwh $ 0.0895 $ 0.0908 $ 0.0922 KW Demand $ 7.12 $ 7.12 $ 7.12 2022-23 2023-24 Proposed 2024-25 Revenue $ 5,235,376.67 $ 5,348,433.00 $ 5,508,885.99 General Fund Revenue Projections  Taxes Real Estate Taxes 1% Increase due to assessed valuations Personal Property Taxes 2% Decrease due to assessed valuations County Use Tax Receipts 9% Increase due to prior years actuals being over 20-30% more County Sales Tax Remaining flat / equal to current budget City Sales Tax 1% Increase Motor Fuel Tax 3% Increase due to prior years actuals being over Franchise Tax Remaining flat / equal to current budget Transient Guest Tax Remaining flat / equal to current budget City Stickers Remaining flat / equal to current budget  Other Revenue Sources Merchant Licenses 9% Increase due to increase in the license fee Building Permits 2% Increase Cigarette Stamps Remaining flat Fines and Court Costs 12% Decrease Animal Impound Remaining flat Dog Licenses Remaining flat ATV/UTV Permit Fee Remaining flat School Resource Officer Income Increased due to 4 SRO Positions