Annual Budget Book 2022

Police 2023 2024 2025 2026
Total
Patrol Vehicles 650,000 650,000 650,000 650,000

CID Vehicles 100,000 100,000 100,000 100,000

Computer Replacement Plan 40,000 40,000 40,000 40,000

K9 15,000 15,000

SWAT Robot 60,000

In-Car Video/Body Camera Lifecycle Replacement Plan 60,000 60,000 60,000 60,000

In-Car Video/Body Camera Infrastructure

Handgun Replacement 40,000

Training Facility Buildout 15,000

EOC Buildout 50,000

Downtown Parking Enforcement Project 60,000

1,015,000 925,000 865,000 850,000

Animal Services 2023 2024 2025 2026
Total Vehicle (4x4 Duty Truck) 32,000 33,000 35,000
60,000
Facility Updates 32,000 93,000 35,000

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Fire 2023 2024 2025 2026

2 Turnout Washers 30,000

Pickup 48,000 48,000

Platform 2,200,000

Pumper 830,000 830,000

Rescue 800,000

Retrofit 6's Cancer Prevention 400,000

Retrofit CS Cancer Prevention 1,200,000

Training Ground Improvements 200,000

Total 1,508,000 830,000 3,000,000 1,248,000

Street 2023 2024 2025 2026
Total
New Greenwood Street and Honeycutt Street Bridge 100,000

3/4 Ton 4x4 Crew Cab Pickup 38,000 38,000 38,000

D-5 Dozer 155,000

Low Boy Trailer 80,000

Used Semi Tractor Truck 70,000

10-yard Dump Truck 220,000 220,000

Mini Excavator 75,000

4'-0" Smooth Pan Roller 3 Ton 75,000

358,000 258,000 455,000 38,000

Stormwater 2023 2024 2025 2026

Total Drainage Improvements 250,000 250,000 250,000 250,000
Airport
7 Passenger Van - Courtesy Vehicle 1/2 Ton Pickup Truck 35,000
Taxiway Expansion (A1-A2) *
100'x100' Hangar * Backhoe 125,000
New Fuel Truck
New FBO and Hangar * Dump Truck 135,000
10 Bay Hangar *
Total Property Acquisition 30,000 30,000 30,000 30,000
* Grant Eligible
Solid Waste Administration 280,000 280,000 575,000 280,000
Total
Weld Shop 2023 2024 2025 2026

Total 30,000
Transfer Station
2,000,000
Total
Roll-Off 1,400,000

Total 150,000
Frontload
4,450,000
Total
Residential 750,000
Total
2,030,000 1,550,000 4,450,000 750,000

2023 2024 2025 2026
- 35,000
Pickup Truck 30,000
- 35,000
30,000

2023 2024 2025 2026
Bobcat 40,000 -
Pickup 30,000
30,000 40,000

2023 2024 2025 2026

Tractors 140,000 250,000

Transfer Trailer 180,000 200,000 100,000 240,000

180,000 200,000 240,000 490,000

2023 2024 2025 2026

Roll-Off Bins 100,000 100,000 100,000 100,000

Roll-Off Truck 205,000 225,000 450,000

305,000 100,000 325,000 550,000

2023 2024 2025 2026

Frontload Bins 100,000 100,000 100,000 100,000

Frontload Collection Truck 320,000 325,000 350,000

Bin Moving Truck 130,000

230,000 420,000 425,000 450,000

2023 2024 2025 2026
Rear Load Collection Truck
350,000 385,000

- 350,000 385,000 -

CAPS 2023 2024 2025 2026

CAPS Collection Truck 165,000 185,000

Total 165,000 - - 185,000

Freon Recovery 2023 2024 2025 2026
Total Refrigerant Recovery Truck - - -

Special Services 2023 2024 2025 2026
Total -
Leaf and Mulch 190,000

Litter Van 50,000

Pack Rat 100,000

190,000 150,000

Water Production - Lakeside 2023 2024 2025 2026
Total
Fencing 25,000 20,000

Pump/Motor Pine Street Pump Station

1/2 Ton Truck 35,000 35,000

Forklift 30,000

Property Improvements Including Dams 300,000 150,000 100,000 100,000

Lawn Tractor 9,000

Coagulant Bulk Storager Tank 30,000 20,000

390,000 200,000 109,000 155,000

Water Production - Ouachita 2023 2024 2025 2026
Total
Parastaltic Chemical Pump 10,000 10,000 10,000 10,000

Compact Tractor/Bush Hog 36,000

Fencing 20,000 20,000

1/2 Ton Truck 35,000 35,000

Raw/Finish Flowmeters 20,000

Basin Improvements 500,000 200,000 500,000 200,000

Fencing around Ponds 42,000 20,000

3/4 Ton Truck 35,000 35,000

Alum. Handrail/Catwalk Rpl 60,000

Lawn Tractor 10,000 10,000

Music Mountain Pump Station 50,000 30,000 10,000 30,000

Property Improvements 150,000 150,000

733,000 420,000 705,000 380,000

Water Distribution 2023 2024 2025 2026

Total Main Improvements 1,482,000 1,496,000 1,541,000 1,500,000
Regional WWTP
(2) 3/4 Ton Truck with Utility Bed 120,000 120,000 120,000
Total
SW WWTP Backhoe 400 Series 130,000 130,000
Total
Compost Mini Excavator 55,000 55,000 55,000 60,000
Total
Sewer Collection District Metering Project 250,000 250,000 250,000 250,000

Total 5-yard Dump Truck 110,000 110,000
Sewer Lift
2,037,000 2,041,000 2,076,000 1,930,000
Total
2023 2024 2025 2026

1/2 Ton Truck 35,000 35,000

Building and Grounds 25,000 25,000 25,000 25,000

Primary Pumps 50,000 50,000

Dewatering Improvements 300,000 300,000 300,000 300,000

325,000 410,000 325,000 410,000

2023 2024 2025 2026

Property Improvements 73,000 73,000 73,000 100,000

73,000 73,000 73,000 100,000

2023 2024 2025 2026

Paving Compost Pad 100,000 100,000 100,000 100,000

Wheeled Loader 200,000

100,000 100,000 100,000 300,000

2023 2024 2025 2026

Sewer Line Improvements 2,000,000 2,000,000 2,000,000 2,000,000

Trackhoe with Thumb 65,000

1/2 Ton Extended Cab Truck 60,000

3/4 Ton Truck w/Utility Bed 60,000 60,000 65,000

Vac Truck 400,000

Air Compressor 50,000

5-yard Dump Truck 100,000

2,510,000 2,125,000 2,160,000 2,065,000

2023 2024 2025 2026

1/2 Ton Truck 35,000

Sewer Line Improvements 300,000 800,000 800,000 800,000

Backup Pump System 300,000 300,000 300,000 300,000

Portable Backup Pump 75,000

3/4 Ton Crew Truck 60,000 60,000 65,000

Pumper Truck 200,000 250,000

Mini Excavator 100,000

935,000 1,160,000 1,160,000 1,490,000

Fleet Services 2023 2024 2025 2026
Total
Replace Office Heat Pump 10,000
60,000
Ventilation System for Shop
70,000
Forklift Replacement 40,000

Cover for Steam Cleaner 100,000

Swamp Coolers 8,000
25,000
Compact 4x4 Pickup Truck 60,000

80,000 lbs. 4 Post Vehicle Lift 93,000

Truck Wash Replacement 100,000
10,000
Diesel Diagnostic Equipment 110,000

140,000

Utility Admin 2023 2024 2025 2026
Total
Fencing Adams St Complex/Property Improvements 20,000 20,000

Building Improvements 20,000 20,000 20,000 20,000

Light Duty Truck 35,000 35,000 35,000 35,000

75,000 55,000 55,000 75,000

Utility Engineering 2023 2024 2025 2026
Vehicle 35,000
GPS Equipment
15,000

Total - 15,000 35,000

Utility Billing Services 2023 2024 2025 2026
Total
Cable Replacement for Water Towers 22,000 11,000 11,000 11,000

Light/Medium Duty Trucks 40,000 45,000 50,000 55,000

62,000 56,000 61,000 66,000



Cost Estimate CAPITAL IMPROVEMENT PLAN
($)
No. Type Description Near Mid Long

Term Term Term

($) ($) ($)

Water System Improvements - Water Supply and Treatment Improvements $1,300,000 $1,300,000
OUACHITA WATER TREATMENT PLANT $200,000 $200,000

1 Replace Sludge Collection Mechanisms in Sedimentation Basins 1-5 $1,600,000 $1,600,000
2 Replace Troughs in Sedimentation Basins 1-5 $1,500,000 $1,500,000
3 Chlorine Dioxide Feed System
4 Evaluate the Addition of Sludge Dewatering Facility $10,000,000 $10,000,000
LAKESIDE WATER TREATMENT PLANT
1 Replace Filter Media $4,960,000 FUNDED Complete
2 Add Combined Air and Water Backwash to Filters $1,110,000 FUNDED Complete
3 Replace Filter Underdrains and Backwash Troughs $1,170,000 $1,170,000
4 Replace Lime Feed with Liquid Complete
5 Rehabilitate Pipe Gallery $570,000 $570,000 Complete
6 Replace / Repair Lake Ricks Intake Gate Control Mechanisms $167,000 $167,000 Complete
7 Instrumentation and Control for Plant Automation $480,000 $480,000 Complete
8 Fluoride Feed System $326,000 $326,000 Complete
9 Backwash Water Handling System $848,000 FUNDED Complete
10 Raw Water Line Waste Valve $487,000 FUNDED
11 Sludge Collection Mechanism in Sedimentation Basin $3,086,000 $3,086,000 Complete
12 Repair Clearwell 2 Liner $360,000 $360,000 Complete
13 Repair Clearwell Vents $600,000 $600,000 Complete
14 Replace Rapid Mix and Flocculation Mechanisms $350,000 $350,000 Complete
Water System Improvements - Distribution System - Near Term Improvements $620,000 $620,000 Complete
1 Tank 3,000,000 Gallon Elevated Water Storage Tank (Main Pressure Zone) $130,000 $130,000 Complete
2 Line 4,050' - 24" and 16" Water Main for 3.0 MG Elevated Tank $180,000 $180,000
3 Line 11,160 - 12" Transmission Line (On Fontana, MLK Bypass to Country Club Dr) $681,000 $681,000 Complete
4 Zone Ouachita Pressure Zone Expansion $50,000 $50,000 Complete
5 Line 1710' - 6" Northeast Grand Avenue Line (Gorge Road to Kriptal Street) $50,000 $50,000 Complete
6 Line 4,500' - 12" Reinforcement Loop (Spring Street To Grand Ave) $50,000 $50,000
7 Line 3,000' - 8" Kelton Street Loop (East Grand Avenue to Mill Creek Road) $150,000 $150,000
8 Tank Hollywood Avenue Tank - TMS and Overflow Improvements $39,000 $39,000
9 BPS Pine Street Booster Pump Station Replacement $147,000 $147,000
10 Line 11,436' - 24" Bypass Extension (Carpenter Dam to Malvern Ave along Bypass)
11 Tank Holly Street Tank - Tank Mixing System and Tank Repairs
12 Tank Twins Tanks - Install TMS and Tank Improvements
13 Tank Music Mountain Tank - Tank Mixing System and Overflow Improvements
14 Tank Industrial Park Tank - Tank Repainting and Tank Mixing System
15 Tank Belvedere Tank - Install TMS
16 Tank Woodmere / Whittington Avenue Tank - Tank Mixing System
17 Line 2,667' - 12" Carpenter Dam Road Main (MLK Bypass To Malvern Ave)
18 Line System Diagnostic Flow Meter - Malvern Avenue
19 Line System Diagnostic Flow Meter - Highway 270 West
20 Line System Diagnostic Flow Meter - Highway 290
21 Line Relocate Lowery PRV out of Malvern Avenue
22 Line 200' - 6" Santa Cruz Loop (Santa Cruz Dr To Silverspur St)
23 Line 2100' - 8" Twin Points Dr Loop (Connect two 8" Water Lines on Twin Point Dr)

Cost Estimate CAPITAL IMPROVEMENT PLAN
($)
No. Type Description Near Mid Long

Term Term Term

($) ($) ($)

24 Line 355' - 6" Fair Street Loop (Trivista Right to Langston St) $83,000 $83,000 Complete

25 Line 740' - 6" Linden Park Loop (Linden St To Linden Park Lane) $87,000 $87,000 Complete

26 Line 870' - 6" Gap on Greenwood (Afton St to Summer St) $183,000 $183,000 Complete

27 Line 690' - 6" Patterson Street & IRA St Loop $125,000 $125,000 Complete

28 Line 500' - 6" Pearl St Loop (Westover to Wood Street) $105,000 $105,000 Complete

29 Line 1,200' - 6" Grand Ave & Shelby St Loop (Lacey to Beard & Grand Ave to Etter ) $234,000 $234,000 Complete

Water System Improvements - Distribution System - Mid-Term Improvements

1 Tank Purchase Property adjacent to Hwy. 70 Tank for future Tank site $100,000 $100,000

2 BPS Royal Pump Station - Install Flow Meter $136,000 ROYAL

3 Line 30' - 12" On Mission St (crossing Hobson Avenue @ Mission Street) $45,000 $45,000

4 Tank 2,500,000 Gallon Elevated Water Storage Tank (Main Pressure Zone) Hwy 70 $5,180,000 $5,180,000

5 Line 8,500' - 20" Parallel Line on Wood Street and Garland Ave (Mason to Central) $2,852,000 $2,852,000

6 Line 2,300' - 8" Main on Ridgeway Street (Highland Park St to Pleasant Valley Street) $183,000 $183,000

7 Line 2,100' - 12" Main on Amber Street ( Cedar Street to Park Avenue) $389,000 $389,000

8 Line 900' - 8" Kay Street Loop (Kay Street to Shady Grove Rd) $147,000 $147,000

9 Line 1,620' - 6"Main on Rector Heights Dr (Albert Pike to Meadow @ Patricia St) $309,000 $309,000

10 Line 1,000' - 8" Quail Creek Parallel Line (6" south of Taylor to Ravenwood Dr) $203,000 $203,000

11 Line 2,650' - 8" Red Oak Loop (Farrs Landing to Twin Oaks) $287,000 $287,000

12 Tank Oak Grove Tank - Tank Mixing System and Tank Improvements $620,000 Complete

13 Tank Crystal Springs Tank - Tank Mixing System and Tank Improvements $520,000 Complete

14 Line 3,130' - 12" Greenwood Water Main (7th Street to Central Avenue) $650,000 Complete

15 Line 3,400' - 8" Marion Anderson Parallel Line (Walkway St To Stonegate Shores) $275,000 $275,000

16 Line 1,800' - 6" Airport Road Loop (Adlridge to Old Airport Road) $140,000 $140,000

17 Line 826' - 6" Pinewood Leeper Loop (Patterson at St Louis) $156,000 $156,000

18 Line 100' - 6" Wynn Street Loop $42,000 Complete

19 Line 2,000' - 6" Hammond Loop (6" on Hammond Drive to 6" on Hammond Drive) $341,000 $341,000

20 Line 350' - 6" Winona Loop (Carson Street To Miller Street) $81,000 $81,000

Water System Improvements - Distribution System - Long Term Improvements

1 Tank 500,000 Gallon Elevated Water Storage Tank (Industrial Park Pressure Zone) $1,730,000 Complete $1,730,000
$300,000
2 Line 1,500' - 12" Parallel Line on Malvern Ave (Bypass Off ramp to Westinghouse Rd) $300,000

3 Line 2,200' - 10" Ravine Street Water Main ( Park Avenue to Ramble Street) $255,000 $255,000

4 Line 500' - 8" Albert Pike Loop (Albert Pike Road @ Airport Road) $120,000 $120,000

5 Line 24" Royal Transmission Line (Treasure Isle to Oakgrove) $4,607,000 ROYAL

6 Line 8,950' - 6" Sunshine Loop (Ware to Sagebrush) $486,000 $486,000

7 Tank 300,000 Gallon Elevated Water Storage Tank (Royal Pressure Zone) $1,630,000 ROYAL

8 Line 1,000' - 12" Belvedere Reinforcement Loop (Mountain Valley St to Park Avenue) $233,000 $233,000

9 Line 3,550' - 12" South Moore Road Parallel Line (Ranchester to Charming Heights) $714,000 $714,000

10 Line 1,200' - Airport Road Parallel Line (Lakeshore Drive to Blackhawk Street) $558,000 $558,000

11 Line 250' - 6" Fleetwood Loop $75,000 $75,000

12 Line 675' - 8" Sawtooth Oak Street Loop (Mote Street to Sawtooth Oak St) $89,000 $89,000

13 Line 1,650' - 6" Ridgeway Street Loop (Ridgemont Street to Stacy Street) $143,000 $143,000

14 Line 550' - 6" Shawnee Line Extension (Shawnee Street to Fox Run Circle) $93,000 $93,000

15 Line 620' - 6" Alysonview Loop (Riviera Street to Alysonview Street $71,000 $71,000

16 Line 1,960' - 8" N Albert Pike Water Line (Rector Heights Drive to Mission Street) $250,000 $250,000

17 Tank 2,000,000 Gal. Elevated Water Storage Tank (Main Pressure Zone) Bald Mtn. $8,690,000 $8,690,000

TOTALS $11,523,000 $23,788,000 $13,807,000

* Cost estimates include construction costs, contingency, and other project costs for engineering, legal, environmental, etc.







Debt

Fund Type Principal
General Government Notes Outstanding
General Government Special Obligation $ 4,429,583.00
Water Revenue Bonds $ 8,690,000.00
Water Notes $ 137,053,386.00
Wastewater Revenue Bonds $ 8,188,544.00
$ 80,895,000.00
Total
$ 239,256,513.00

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Assessed Value1 (in thousands)
Limitation Percentage
Total Debt Limit $ 863,658
General Government Debt 25%
Net Legal Debt Margin
215,915
13,120
$ 202,795

Footnotes:
1 Assessed property value for the City is from the 2021 Budget Book.

Current year numbers are not yet available.

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General Government Debt Special Obligation Debt

Year(s) of Repayment Principal Interest Principal Interest

2022 1,815,409 81,061 320,000 292,068

2023 1,697,214 59,787 335,000 283,398

2024 1,514,244 34,648 345,000 274,148

2025 991,996 15,660 350,000 264,433

2026 397,320 2,980 360,000 254,261

2027-2031 1,395,000 1,116,326

2032-2036 1,215,000 925,703

2037-2041 1,450,000 697,573

2042-2046 1,720,000 415,522

2047-2049 1,200,000 89,691

Totals 6,416,183 194,136 8,690,000 4,613,124

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Year(s) of Repayment Principal Interest Total

2022 239,727.18 204,713.60 444,440.78

2023 245,720.35 198,720.43 444,440.78

2024 251,863.36 192,577.42 444,440.78

2025 258,159.94 186,280.83 444,440.77

2026 264,613.94 179,826.83 444,440.77

2027-2031 1,425,670.26 796,533.63 2,222,203.89

2032-2036 1,613,015.04 609,188.84 2,222,203.88

2037-2041 1,824,978.48 397,225.41 2,222,203.89

2042-2046 2,064,795.64 157,408.26 2,222,203.90

Total 8,188,544.19 2,922,475.25 11,111,019.44

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Year(s) of Repayment Principal Interest Total

2022 1,390,164.00 4,390,720.35 5,780,884.35

2023 3,580,494.00 4,379,325.87 7,959,819.87

2024 3,890,930.00 4,283,977.41 8,174,907.41

2025 4,016,476.00 4,179,482.31 8,195,958.31

2026 4,117,134.00 4,071,563.48 8,188,697.48

2027-2031 22,524,600.00 18,474,023.38 40,998,623.38

2032-2036 24,578,588.00 14,494,861.18 39,073,449.18

2037-2041 26,890,000.00 9,756,981.80 36,646,981.80

2042-2046 25,295,000.00 4,943,875.02 30,238,875.02

2047-2051 20,770,000.00 1,447,187.50 22,217,187.50

Totals 137,053,386.00 70,421,998.30 207,475,384.30

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Year(s) of Repayment Principal Interest Total

2022 2,975,000.00 2,366,175.26 5,341,175.26

2023 3,040,000.00 2,307,182.26 5,347,182.26

2024 3,115,000.00 2,233,925.26 5,348,925.26

2025 3,195,000.00 2,155,485.26 5,350,485.26

2026 3,275,000.00 2,072,307.76 5,347,307.76

2027-2031 15,335,000.00 8,988,354.80 24,323,354.80

2032-2036 16,100,000.00 6,676,532.76 22,776,532.76

2037-2041 11,580,000.00 4,300,552.00 15,880,552.00

2042-2046 11,690,000.00 2,477,148.00 14,167,148.00

2047-2051 10,590,000.00 737,962.50 11,327,962.50

Total 80,895,000.00 34,315,625.86 115,210,625.86

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Demographics 37,930
46.2%
Population 53.8%
Male
Female 37,552
Median Household Income 42
Median Age
Number of Households 16,163
Cost of Living Index 81

Low, Average in U.S. is 100

Geographic January 10, 1851
City Manager
Date of Incorporation 35.02
Form of Government A
Land Area (Square Miles)
Bond Rating

Education 87.0%
19.5%
High School graduate or higher 17,141
Bachelor's degree or higher
School Enrollment

Business 4,618

Numbers of Business 1,464
Top 10 Employers 1,214

Oaklawn Casino Racing Resort 799
CHI St. Vincent 680
644
Wal-Mart (5 stores) 470
National Park Medical Center 438
427
City of Hot Springs 345
Hot Springs School District 302

Garland County
National Park College

Kroger's (3 stores)
Radius Aerospace



APPENDIX A | THE HISTORY OF HOT SPRINGS

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APPENDIX B | THE BUDGET CALENDAR

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APPENDIX C | THE BUDGET PROCESS

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APPENDIX D | FINANCIAL POLICIES

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APPENDIX E | GLOSSARY OF TERMS & ACRONYMS

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APPENDIX F | BOARD 2022 SMART GOALS











APPENDIX G | CITY MANAGER ACCOMPLISHMENT OF
BOARD GOALS FOR 2021

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