LIVE WORK PLAY

Addison By the Numbers

$4.04 BillionCertified Taxable Property

10 million Square Feet of Office Space

600,000 Visitors Annually Attend Addison Special Events

$351,894 Average Addison Home Value

90,000 Annual Airport Operations (Take-Offs and Landings)

Addison By the Numbers

15,800 Residents

180 Restaurants

164 Acres of Green Space (14 Parks)

22 Hotels (with one under construction)

4.4 Square Miles in Addison

Only as Strong as our Community

• Jim Robinson – Vice Chair

• Debra Morgan

• Randy Smith

• Skip Robbins

• Jason Ennis

• Stacey Griggs

• Tom Schaeffer

Outgoing Chair - John Oliver

Planning and Zoning BZA

• Jeff King• Burk Burkhalter• Troy Cooper• Jan Haas• Juli Branson• Reggie Carney• Lynn Stofer

Volunteers

Addison Citizens Assisting Police

Addison Addvocates

• Betsy Sterns• Gil Bruneman • Jim Decuir • John Meleky • John Price • Kathy Farrer • Suzzane West • Tom O’Brien • Bart Huemmer

Volunteers with more than 500 cumulative hours

• Gil Bruneman (519)• Linda Berthold (531)• Jane Lenz (583)• Dolores Vinson (642)• Pat Bond (1,082)• Doreen Cluck (1,500)• Bob Puig (1,736)• Mary Dolan (3,984)

Volunteers

Arbor Foundation

• Jay Ihrig, President

• John Bradshaw, Vice President

• Judye Murray

• Sally Mallory

• Judy Barrett

• Bruce Arfsten

• Margie Gunther

• Lisa McEwin

• Barbara Papas

• Barbara St. Clair

Legacy Foundation• Blake Clemens, Chair• Bob Heckman• JJ Horan, Treasurer• Bob Kantner• Tom Lamberth• Chick Martin• Ray Ryland• Debbie Staggs• Tamela Thornton• Todd Meier• Janelle Moore

TRANSPARENCY

• Public Hearings at Council Meetings

• Newsletter

• Mayor’s Coffee

• Availability of Council Members

• Video/Audio of All Council Meetings and Planning and Zoning Meetings Available online

• Addison website: addisontexas.net

New this year . . .

Public Comment time at the beginning of every Council Meeting

Transparency

2015-2016 BUDGET

• Addison has a “AAA” Standard & Poor’s Bond Rating

• Experienced a $1.2 million sales tax loss this summer

• Certified taxable property value increased 6% over FY2015, for a value of $4 billion

• Tax rate increased from 56.18 to 57.915 cents/$100 of assessed value

• Increase in tax rate generates $956,000 in additional revenue

General Fund Key Facts

FY2016 Adopted Budget

• Staffing levels remain the same as FY2015

• $500,000 included for staff compensation

• Fully funds all Capital Replacement Items

• Fully funds Infrastructure Investment Fund

• General Fund budget is balanced

General Fund Key Facts

FY2016 Adopted Budget

Impact on the Average Homeowner

The average taxpayer would pay about $110 ($9.16 per month) more than last year depending on their home value

FY 2015 FY 2016

Average Home Value* $258,203 $269,455

Tax Rate 56.180 57.915

Annual Tax $ 1,451 $ 1,561

*Taxable Value

ECONOMIC DEVELOPMENT SUCCESS

Economic Development UpdateRecent Accolades

Addison #1 Place in Texas

To start a Business

New and Expanding Companies

Business continues to boom in Addison! With a 14.1% vacancy rate, office building vacancy rates are the lowest they have been in over 10 years.

Economic Development Update

Economic Development Update

• 200,000 sf

• LEED Certified

• Complete in late Spring, 2016

Tollway Center Under Construction

Economic Development Update

• Currently home to 50 businesses, but have launched 100 since opening its doors

• Current companies employ 82 members

• Over 160 events have been hosted at the event bringing in over 4000 visitors this past year

• Celebrating one year anniversary on October 25

Addison TreeHouse

CAPITAL PROJECTS UPDATE

Capital Projects - Streets• Belt Line Road Utility Undergrounding

• Addison Road

Capital Projects – Airport

2012-13 Taxiway Alpha: $10 million

2014EMAS: $7 million

2015 Taxiway Victor: $2.1 million

From 2011 to present, the Addison Airport has received more than $30 million in grants and $20 million in private investment on the airport.

Capital Projects - Neighborhoods• Vitruvian• Alpha Road Extension• Beltway Road/Proton Drive Pedestrian Connectivity

Capital Projects - Ponds

• Council approved the design and management plan in August

• Plan includes: a complete system pump rebuild

and replacement

• Design is complete• Plan to bid it the first part of 2016

the relocation of the well water transfer pipe

water quality monitoring plan

• Anticipate work to begin early 2016 and will take 90 days

Les Lacs Pond Winnwood Pond

SIGNATURE EVENTS OVERVIEW

Signature Events

• We heard you - Taste is coming back!

• Friday night will still be an upscale Food and Wine event

• Lots of area restaurants will be featured

• Event will be Friday night, Saturday and Sunday

Taste Addison

Signature Events

• Celebrated 30th anniversary this year

• Estimated 500,000 visitors to Town

• Rated by USA Today, Yahoo.com, and the Wall Street Journal as one of the best fireworks shows in the country

• Hotel occupancy up this year 20% over last year

• Economic impact ranges from $2.5 - $5 million

Kaboom Town!®

Signature Events

• 28th Annual event

• 50,000 average visitors

• Recognized as one of the most authentic Oktoberfests in the country by USA Today

• Generates more than 350 hotel room nights (on average)

• Garners national publicity

Oktoberfest

COMING SOON

New Trash/Recycling Collection Company

• Community Waste Disposal (CWD) will now be Addison’s residential trash and recycling collector

• 64-gallon recycling rolling carts will replace the 18-gallon recycling bins

• Carts to be delivered October 27-28

• First day of new service is November 2nd

For more details on Hazardous Waste Pick Up and Contact Numbers, visit www.addisontexas.net

What’s New?

New Trash/Recycling Collection Company

• Recycling will still be collected every Monday

• Trash will continue to be collected on Monday and Thursday

• Trash Service will continued to use single use disposable bags

• Trash and recycling needs to be out on the curb by 7a.m. the morning of pick up

• Curbside bulk collection can be scheduled by calling Addison at 972.450.2871

For more details, visit www.addisontexas.net

What Stays the Same?

New Fire Engine• New 2015 model Sutpehn SL75

• Replacing a 1997 model pumper and will be housed at Fire Station 2

• Pumps 1,500 gallons per minute

• Water tank capacity is 470 gallons and 30 gallons of foam concentrate

• Ladder is 75 feet

• Cost: $747,714

(Price included a $17,000 discount by choosing the 3/4 prepayment option and using money from the Capital Equipment Replacement Fund.)

Joint Dispatch

The new center will be fully operational in 2016.

• New Operations Manager to begin mid October

• New systems in place and being tested

Questions?