On the agenda: Bulverde meeting — Flock Safety (Mar 10)

CITY COUNCIL MEETING AGENDA
Tuesday, March 10, 2026 at 6:30 PM
Bulverde City Hall Council Chamber
30360 Cougar Bend, Bulverde, Texas 78163

HELEN HAYS
Mayor
JASON KRAWIETZ
FRANCESCA WATSON
Council Member, Place 1
Council Member, Place 2
TED HAWKINS
CLINT HAYS
Council Member, Place 3
Council Member, Place 4
JOE ALEXANDRE
CHRISTOPHER GOTH
Mayor Pro Tem, Place 5
Council Member, Place 6
Time is provided for public comments on any posted agenda item at the time the item is considered. Each person
should fill out the speaker’s register prior to the meeting. The presiding officer, during the agenda item, will call on
those persons who have signed up to speak on each item, in the order they have registered. Presentations should
be limited to no more than (3) three minutes.
All remarks shall be addressed to the Council as a body, and not to any individual member thereof. Any
person making personal, impertinent, or slanderous remarks while addressing the Council may be
requested to leave the meeting.
There will be time after the completion of the Regular Agenda Items for the public to make comments on topics and
items not posted on this agenda. Discussion by the Council of any item not on the agenda shall be limited to
statements of specific factual information given in response to any inquiry, a recitation of existing policy in response
to an inquiry, and/or a proposal to place the item on a future agenda.

1.

CALL THE MEETING TO ORDER

2.

REPORTS, PRESENTATIONS, AND PROCLAMATIONS
2.A.

Presentation of a Proclamation in recognition of Red Cross Month to the American
Red Cross.

2.B.

Recognition of Corporal Aurelio Hernandez for five (5) years of service to the City
of Bulverde.

2.C.

Police Department: Summary of February 2026 Activities

2.D.

Finance Department: Monthly Financial Report

2.E.

Public Works Department: Summary of February 2026 Activities

2.F.
3.

Parks & Recreation: Report from Parks & Recreation Advisory Board

CONSENT AGENDA ITEMS
All of the following items are considered to be routine by the City Council, there will be no separate
discussion on these items and will be enacted with one motion. Items may be removed by any Council
Member by making such request prior to a motion and vote.

4.

3.A.

Consider approval of the Regular City Council Meeting Minutes from February 10,
2026 and February 23, 2026.

3.B.

Acknowledge and receive the City of Bulverde Police Department 2025 Racial
Profile Report in accordance with the Code of Criminal Procedures.

3.C.

Consider approval of an ordinance cancelling the City of Bulverde’s May 2, 2026
General Officers Election, declaring unopposed candidates elected pursuant to the
Texas Election Code, and providing for notice of cancellation.

REGULAR AGENDA ITEMS
4.A.

Consider acceptance of the annual audit of the City’s Financial Statements for
Fiscal Year 2024-2025.

4.B.

Discussion and consideration of bid award for Project No. 2026-1 and Project No.
2026-2 Street Maintenance Program.

4.C.

Discuss and consider approval of an ordinance of the City of Bulverde, Texas,
amending Chapter 3, Division 5, Section 3.10.161 of the Code of Ordinances, to
revise requirements for maintenance of rights of way by adjacent landowners.

4.D.

Consider and take action on the creation of a Park Fund as a restricted fund in the
City’s budget.

4.E.

Discuss and consider approval of an ordinance of the City of Bulverde, Texas,
amending the Fiscal Year 2025-2026 Budget; repealing conflicting ordinances;
providing a severability clause; and providing an effective date.

5.

PUBLIC COMMENTS NOT RELATED TO POSTED AGENDA ITEMS

6.

REPORTS BY ELECTED OFFICIALS AND CITY STAFF ON ITEMS OF COMMUNITY
INTEREST
In accordance with Section 551.0415 of the Government Code, topics discussed under
this item are limited to expressions of thanks, congratulations or condolence; information
regarding holiday schedules; an honorary or salutary recognition of a public official, public
employee or other citizen; a reminder about an upcoming event organized or sponsored
by the governing body; information regarding a social, ceremonial or community event;
and Announcements involving an imminent threat to the public health and safety of people
in the political subdivision that has arisen after the posting of the agenda.

7.

EXECUTIVE (CLOSED) SESSION

7.A.

Pursuant to Tex. Gov’t Code Ann. § 551.074 (Personnel Matters), the City Council
will meet in Executive (Closed) Session to deliberate the appointment of a member
of the Planning & Zoning Commission.

8. ACTION ITEMS AFTER EXECUTIVE (CLOSED) SESSION
8.A.
9.

Consider and take possible action on appointing a member to the Planning &
Zoning Commission.

ADJOURNMENT

________________________
Sandra V. Ham
City Secretary
City Hall is wheelchair accessible and accessible parking spaces are available. Requests for accommodation must be made 48
hours prior to the meeting. Please contact the City Secretary at 830.438.3612 or FAX 830.438.4339 for information or assistance.
A quorum of the City Council, Planning & Zoning Commission, Parks & Recreation Advisory Board, and/or Zoning Board of
Adjustment may be present at this meeting in order to discuss agenda items related to board business.
I, the undersigned authority, do hereby certify that the above Notice of Meeting of the City Council of the City of Bulverde was
posted on the bulletin board in front of Bulverde City Hall, which is readily accessible to the public at all times, and on the City's
website, www.bulverdetx.gov, by 6:00 pm on March 4, 2026.
The City Council reserves the right to adjourn into Executive session at any time regarding any issue for which it is legally
permissible. The City Council will announce it will go into Executive Session, if necessary, pursuant to Chapter 551 of the Texas
Government Code, to receive advice from Legal Counsel, to discuss matters of land acquisition, litigation, Economic
Development negotiations, or personnel matters as listed on this agenda. The City Council may also announce it will go into
Executive Session, if necessary, to receive advice from Legal Counsel regarding any other items on this agenda.

City of Bulverde Police Department
February 2026 Monthly Report
March 3rd, 2026
Date:
To:
City Manager, Mayor and City Council
Submitted by: Gary Haecker, Chief
GENERAL INFORMATION
Topic: February Monthly Report
CALLS FOR SERVICE
Bulverde Police Department had 1,307 Calls for Service.
•

Blanco Road

64

•

Hwy 281

294

•

Bulverde Crossing

22

•

Hwy 46

163

•

Bulverde Estates

77

•

Oak Village N

72

•

Bulverde Hills

37

•

Oakland Estates

7

•

FM 1863

21

•

Shepherd’s Ranch

5

•

City Hall/BPD Walk-ups

0

•

Belle Oaks

35

•

County

17

•

Outside County

0

•

Centennial Ridge

45

•

Windmill Ranch

22

•

Highlands

4

•

Singing Hills

154

•

Bulverde City Park

159

•

Comal Trace

1

•

Edgebrook

31

•

Ammann Rd

26

•

Persimmon Hill

5

•

Bulverde Road

43

•

Elm Valley

0

•

Heimer Lange

2

•

Berry Oaks

1

•

Saddle Ridge

0

1

ARRESTS - Total Arrests – 22

Evading Arrest Using a Vehicle
Driving While Intoxicated
Warrants
Possession Controlled Substance
Assault
Unlawful Carry Firearm
Violate Protective Order
Theft $100-$750
Trespassing
Theft $750-$2500
Assault on Peace Officer
Disorderly Conduct Discharge Firearm
Driving While Intoxicated 2nd Offense
Resist Arrest / Transport

1
3
4
3
1
2
1
1
1
1
1
1
1
1

ACCIDENTS - Bulverde Police investigated 15 crashes.
LOCATION

Hwy 46
Bulverde Road
Hwy 281
Singing Hills
Bulverde Crossing
FM 1863

3
1
3
6
1
1

PROPERTY

2
2
6
1
1

INJURY

1
1
1

TRAFFIC ENFORCEMENT

Citations
Violations
Warnings

751
1024
570

Average Speed Citation (mph over the limit)
Hwy 281 20.1
Hwy 46
20.1
FM 1863 16.0
Other
20.1
INVESTIGATIONS

Code Compliance

2

FATALITY

Code Compliance
Cases Closed
Follow Up Activities
Citations Issued
Warning Citation
Pending

3
3
0
0
0
0

BPD Cases:
27
Assigned
Interviews
54
Filed County DA
29
Filed Municipal Court
0
Warrants
5
Summons
0
Citation
0
Closed
32
Supplements
134
Calls for Service
2
Reports
3
Chapter 59 Hearings
0
Court Bailiff
4 hrs

3

Unaudited Financial Information
FY 2026
YTD Through January 2026

Reconciled Bank Account Balances
09/30/2025

10/31/2025

11/30/2025

12/31/2025

1/31/2026

2/28/2026

Earned
Interest
01/31/2026

Operating Cash

$

559,554.92 $

345,358.68 $

264,780.75 $

412,799.63 $

625,054.83 $

660,011.44 $

402.63

1st United Bank-MM

$

5,027.42 $

5,015.52 $

8,672.56 $

5,065.68 $

5,027.01 $

5,170.86 $

170.86

1st United Bank-MM (HY)

$

1,644,145.83 $

1,394,971.34 $

1,395,659.27 $

1,304,419.27 $

3,201,194.86 $

4,909,608.93 $

3,705.32

Texas Class - Operating

$

4,454,227.28 $

4,470,428.56 $

4,485,542.56 $

4,500,686.73 $

4,515,443.12

4528628.24

13185.12

Texas Class - Hot

$

21,085.75 $

21,162.47 $

21,234.02 $

21,305.69 $

21,375.52

21437.93

62.41

Texas Class - Child Safety
Texas Class - MC Sec Fund
Texas Class - MC Technology
Texas Class - Tree Preservation

$
$
$
$

87,857.94
116,536.58
144,257.60
7.72

88,177.50
116,960.47
144,782.31
7.72

88,475.63
117,355.88
145,271.80
7.72

88,774.33
117,752.11
145,762.25
7.72

89,065.38
118,138.17
146,240.14
7.72

Texas Class - Reserve

$

234,287.14 $

235,139.33 $

235,934.30 $

236,730.88 $

Texas Class - Drainage

$

234,287.14 $

235,139.33 $

235,934.30 $

Logic - Operating

$

292,335.31 $

293,388.47 $

Logic - CSLFRF

$

746,728.78 $

Mm - Police Seizures

$

69,072.29 $

Bank Balances

$

$
$
$
$

260.05
344.96
427.02
-

237,507.05 $

238,200.56 $

693.51

236,730.88 $

237,507.05 $

238,200.56 $

693.51

294,374.61 $

295,362.55 $

296,331.45 $

297,196.89 $

865.44

749,418.93 $

751,937.83 $

754,461.44 $

756,936.32 $

759,146.98 $

2,210.66

69,095.75 $

69,118.47 $

69,141.95 $

69,165.44 $

69,186.66 $

21.22

8,609,411.70 $ 8,169,046.38 $ 8,114,299.70 $ 8,189,001.11 $ 10,318,994.06 $ 12,080,990.93 $

23,042.71

$
$
$
$

$
$
$
$

$
$
$
$

$
$
$
$

$
$
$
$

89,204.41
118,322.59
146,667.16
7.72

+/(-)

1 of 2 large Ad Valorem Tax deposits

No activity

1

Sales Tax Revenue- General Fund
FY 2026

FY 2025
$
$
$
$
$
$
$
$
$
$
$
$

271,755.63
311,566.82
301,005.62
289,350.74
493,519.77
269,262.11
246,802.82
304,238.13
297,100.93
290,295.50
298,585.04
296,210.48

FY 2024

OCT
NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP

$
$
$
$

275,791.80
305,223.59
295,408.95
290,727.69

$
$
$
$
$
$
$
$
$
$
$
$

Total

$

1,167,152.03 $

3,669,693.59 $

Budget

$

3,643,800.00 $

3,120,000.00 $

263,943.46
285,935.63
279,565.79
283,865.73
312,668.34
250,698.33
261,534.26
319,603.42
290,798.35
294,593.69
305,113.63
300,932.95

FY 2023
$
$
$
$
$
$
$
$
$
$
$
$

249,508.94
284,127.43
266,161.41
261,830.76
312,409.89
247,603.86
233,320.41
305,918.91
298,607.73
290,235.76
305,317.71
287,224.07

FY 2022
$
$
$
$
$
$
$
$
$
$
$
$

214,492.80
297,043.72
217,162.12
242,738.02
282,360.88
229,282.82
208,212.19
286,139.39
270,594.92
265,817.18
256,993.12
262,153.56

3,449,253.58 $

3,342,266.88 $

3,032,990.72

2,700,000.00 $

2,600,000.00 $

2,404,200.00

January FY26 Sales Tax Revenue is above January FY25 by $1,377 or .48%.
YTD FY26 collections are below YTD FY25 $6,527 or .56%.
FY26 YTD collections are below FY26 YTD budget $47,448 or 3.91%.

2

General Fund
Unaudited YTD Through January 2026 (33% of fiscal year)
Revenues
Revenue collection for January: $2,516,970.02.
FY26 YTD Revenue collection through January 2026 is $3,449,500.95 or 32.66% of annual budget.
-Received the first settlement of the 2025 Ad Valorem payments. $2,098,957.79
-Sales tax revenue is $13K below budget. February is expected to bring the City back in line with year-to-date budget
projections. The federal government shutdown made November a month of uncertainty, resulting in reduced discretionary
spending. December holiday spending rebounded, helping put the City back on track.

Expenditures
Expenditures for January: $701,738.28
General Fund YTD Expenditures through January 2026 are $2,973,184.23, or 29.42% of the annual budget.
-Operational expenditures are within normal levels and are on track, currently at 33% of the fiscal year.

Department News

-We have hired Susan Brambley for the Accounting position. Her first day will be March 16, 2026.
-Staff is working to get her office set-up and ready.
3

General Fund
Unaudited YTD Through January 2026 (33% of fiscal year)
Year To Date
Expense/Rev
January 2026

Current Year Budget
FY26

Prior Year To Date
Expense/Rev
January 2025

% Balance
Remaining

Variance vs. Last Year

Revenues
Property Tax
Sales Tax

$
$

2,165,734 $
595,861 $

4,263,700
3,682,800

49.21%
83.82%

$
$

1,710,331 $
597,360 $

455,403
(1,498)

Business & Franchise

$

16,855 $

527,000

96.80%

$

34,190 $

(17,335)

License & Permits

$

237,219 $

673,450

64.78%

$

266,248 $

(29,029)

Miscellaneous

$

201,672 $

487,500

58.63%

$

45,426 $

156,246

Fines and Forfeitures

$

155,285 $

687,062

77.40%

$

208,254 $

(52,970)

Reimbursements

$

1,456 $

4,700

69.02%

$

1,567 $

(111)

Donations

$

-

$

-

$

-

$

-

Investments

$

75,420 $

160,000

52.86%

$

52,472 $

22,947

Grant Proceeds

$

-

$

75,000

100.00%

$

-

Total Revenue

$

3,449,501 $

10,561,212

67.34%

$

$

-

2,915,847 $

533,654

4

General Fund
Unaudited YTD Through January 2026 (33% of fiscal year)
Year To Date
Expense/Rev
January 2026

Current Year Budget
FY26

% Balance
Remaining

Prior Year To Date
Expense/Rev
January 2025

Variance vs. Last Year

Expense
Administration

$

177,730 $

612,514

70.98%

$

245,949 $

(68,219)

Mayor & Council

$

4,535 $

14,000

67.60%

$

834 $

3,701

Municipal Court

$

81,925 $

348,964

76.52%

$

140,593 $

(58,668)

Non Departmental Function

$

373,498 $

934,700

60.04%

$

356,439 $

17,059

Public Safety

$

1,002,379 $

3,212,160

68.79%

$

898,832 $

103,547

Public Works

$

171,781 $

733,632

76.58%

$

134,919 $

36,862

Parks & Recreation

$

17,021 $

94,600

82.01%

$

80,903 $

(63,883)

Planning & Development

$

150,991 $

558,570

72.97%

$

108,405 $

42,586

Visitor Event Center

$

-

$

1,000

100.00%

$

-

$

-

Professional Services & Fees

$

241,657 $

1,172,000

79.38%

$

348,926 $

(107,269)

Transfer Out

$

751,667 $

2,424,054

68.99%

$

771,667 $

(20,000)

Total Expense

$

2,973,184 $

10,106,194

70.58%

$

3,087,467 $

(114,283)

5

Fund Balances
Unaudited YTD Through January 2026
(33% of fiscal year)
General Fund

$

13,227,583

General Fund Capital

$

(4,866,516)

Right of Way Acquisition

$

533,333

Seized Funds

$

69,519

Hotel/Motel Tax

$

187,748

Child Safety Fund

$

135,435

MC Security Fund

$

153,652

MC Local Youth Diversion

$

22,649

MC Technology Fund

$

151,671

Tree Preservation Fund

$

215,277

Park Fund

$

15,682

Leose Funds

$

14,517

Police Donations

$

25,231

Operating Reserves

$

637,507

Lewis Creek Drainage Fund

$

445,057

WWTP

$

6,206,108

6

Questions?

City of Bulverde – Public Works Department
Monthly Summary Report
Reporting Period: Month of Feb 2026
Submitted by: Aaron Martinez, Public Works Director
Key Metrics (February)
• Bandit signs removed: 26 total
• Locations removed: FM 1863: 12, US 281: 2, Singing Oaks: 5, Old Boerne Rd: 1, Bulverde
Rd: 2, Bulverde Lane: 1, TX 46: 2, Prancing Deer: 1
• Traffic sign work: continued stop and yield sign replacement throughout Oak Village
North, including multiple sign, pole, base, wedge, and hardware replacements
• Culvert inventory: 10 roadway segments cataloged for future maintenance review
• School flasher: Wiley Rd. control board diagnosed, ordered, and replaced
• Road Maintenance Plan: bids received February 24, 2026, pending tabulation and
review by Freese and Nichols
Roadway Maintenance
• Evaluated asphalt failure on High Noon Drive for follow-up review.
Traffic Signs and Street Name Signs
• Continued stop and yield sign replacement project in Oak Village North to address
aging sign infrastructure and improve visibility.
• Completed sign, pole, base, wedge, and hardware replacements at numerous
intersections including Grazing Deer, Blue Martin, Blueberry Ridge, Antler Pass,
Meadow Lark, Scenic Oak, Honeysuckle Branch, Fallen Oak, Little Fawn, Hawk Eye,
and Sharp Stone.
• Removed abandoned sign post bases at select Oak Village North intersections after
new installations were completed.
• Collected sign inventory data west of Smithson Valley Road for the second phase of the
Oak Village North sign update project.
Right-of-Way and Tree Trimming
• Trimmed tree limbs at Brand Rd. and TX 46 to address a sight-distance concern and
disposed of debris at Comal Recycling Center.

• Public Works staff attended a Utility Tree Care workshop.
Facilities
City Hall
• Installed a WavLink WiFi extender to improve signal performance to the public restroom
WiFi door locks.
Police Department
• Drained the water heater, inspected heating elements, increased water temperature to
140 degrees, and adjusted the shower valve temperature regulator in response to a
report of hot water dropping off during use.
Parks and Community Assets
Bulverde Community Park
• Continued mistletoe removal from park trees, reaching approximately 90 percent
completion.
• Inspected and cleaned the first septic spray head for Gray Tank 2; replacement will be
discussed after cleaning did not resolve full rotation issues.
• Investigated Gray Tank 2 drainage issue and determined the timed float switch appears
to have a short in the wire; MJ Septic will be contacted for repairs.
• Fabricated and installed a hand-hole cover for the last sidewalk light near the baseball
field.
• Received and stored a partial order of bench and picnic table planks; damaged planks
will be replaced once the full order arrives.
Krawietz Park
• Performed routine maintenance activities during the month.
Bulverde Community Garden
• Performed routine maintenance activities during the month.
Park Rentals and Community Use
• Bulverde Community Park continued to host recurring Bulverde Little League practices
and private events throughout February.

• Additional scheduled uses included the Mammen Family Public Library Pop-Up Library,
private pavilion and gazebo rentals, basketball court use, and a birthday reservation at
Pavilion 2.
Additional Department Updates
• Finalized the Singing Hills Wastewater Treatment Plant rate study.
• Held the pre-construction meeting on February 11, 2026, for the Road Maintenance
Plan.

These minutes have been prepared to satisfy the requirements of Section 551.021 of the
Texas Government Code. Audio recordings of most City meetings can be obtained at
www.bulverdetx.gov.
City of Bulverde, Texas
City Council Meeting
Tuesday, February 10, 2026
Meeting Duration: 6:30 PM to 9:00 PM
CALL THE MEETING TO ORDER
Mayor Helen Hays called the meeting to order at 6:30 PM.
Members of City Council Present:
Mayor Helen Hays
Council Member Jason Krawietz, Place 1
Council Member Francesca Watson, Place 2
Council Member Ted Hawkins, Place 3
Council Member Clint Hays, Place 4
Mayor Pro Tem Joe Alexandre, Place 5
Council Member Christopher Goth, Place 6
Members of City Council Absent:
City Staff Present: City Manager Mike Castro, City Attorney Matthew Grove, City
Secretary Sandra V. Ham, Chief of Police Gary Haecker, Public Works Director Aaron
Martinez, Planning Director Danny Batts, and Finance Director Sharon Nelson
REPORTS AND PRESENTATIONS
2.A.

Presentation of a Proclamation in recognition of United Acts of Kindness Day
to First United Bank.
Mayor Helen Hays presented a Proclamation in recognition of United Acts of
Kindness Day to First United Bank.

2.B.

Recognition of Police Officer Aurelio Hernandez for five (5) years of service
to the City of Bulverde.
Item pulled from the agenda for future recognition.

2.C.

Police Department
i. Summary of January 2025 Activities
ii. Presentation of the Annual Bulverde Police Department Report
Reports given by Police Chief Gary Haecker.

2.D.

Finance Department
iii. Monthly Financial Report
iv. December 31, 2025 Quarterly Investment Summary Report
Reports given by Finance Director Sharon Nelson.

2.E.

Public Works Department: Summary of January 2025 Activities
Report given by Public Works Director Aaron Martinez.
Page 1 of 4

2.F.

Parks & Recreation: Report from Parks & Recreation Advisory Board
Report given by Parks & Recreation Advisory Board Vice Chair Dominic Perez.

CONSENT AGENDA
3.A.

Consider approval of the Regular City Council Meeting Minutes from January
13, 2026 and January 27, 2026.

3.B.

Consider an ordinance ordering a Regular Election to be held in the City of
Bulverde, Texas on May 2, 2026, to elect City Officers; establishing an Early
Voting location, Election Precincts, and Polling Places for said Election;
making provisions for the conduct of the election; and providing a
severability clause and an effective date.

3.C.

Consider approval of a joint election agreement for election services with the
Comal County Clerk's Office.
Motion:

Council Member, Place 2 Watson made a motion seconded by Council
Member, Place 3 Hawkins to approve the Consent Agenda.

Vote:

Motion carried (7) ayes to (0) nays.

REGULAR AGENDA ITEMS
4.A.

Discussion and consider an Ordinance of the City Council of the City of
Bulverde, Texas, granting a Parks Special Use Permit to hold its Bulverde
Musik in the Park at the City of Bulverde Community Park on 3/21/2026,
4/18/2026, 5/16/2026, 6/6/2026, 9/12/2026, 10/3/2026, and 10/24/2026.
At the commencement of the agenda item, Council Member, Place 1 Krawietz
provided a statement of Notice of Potential Conflict of Interest and exited the
meeting.
Motion:

Mayor Hays made a motion seconded by Council Member, Place 2
Watson to approve an ordinance granting a Parks Special Use Permit
to hold its Bulverde Musik in the Park at the City of Bulverde Community
Park on 3/21/2026, 4/18/2026, 5/16/2026, 6/6/2026, 9/12/2026,
10/3/2026, and 10/24/2026.

Vote:

Motion carried (6) ayes, (0) nays, and (1) abstention, with Council
Member, Place 1 Krawietz abstaining.

Council Member, Place 1 Krawietz returned to the meeting at 7:31pm.
4.B.

Discussion and possible action regarding the adoption of the Fiscal Year
2026-27 Budget Calendar.
Motion:

Mayor Pro Tem, Place 5 Alexandre made a motion seconded by
Council Member, Place 2 Watson to approve the adoption of the Fiscal
Year 2026-27 Budget Calendar.
Page 2 of 4

Vote:
4.C.

Motion carried (7) ayes to (0) nays.

Presentation and update by the Bulverde Police Department regarding the
Flock Safety Camera System.
Chief Haecker presented on the Flock Safety Camera System. No action taken.

4.D.

4.E.

Discuss and consider possible action regarding the solid waste services
franchise agreement.
Motion:

Mayor Hays made a motion seconded by Council Member, Place 1
Krawietz to approve a one-year extension of the solid waste collection
contract with Waste Connections.

Vote:

Motion carried (7) ayes to (0) nays.

Presentation, discussion, and possible direction to staff regarding the City
of Bulverde Capital Improvement Program (CIP).
City Manager Castro provided an overview of the CIP program. Council
determined an additional workshop was needed to review further.

4.F.

Discuss and consider approval of an ordinance of the City of Bulverde,
Texas, amending the Fiscal Year 2025-2026 Budget; repealing conflicting
ordinances; providing a severability clause; and providing an effective date.
Motion:

Council Member, Place 6 Goth made a motion seconded by Mayor Pro
Tem, Place 5 Alexandre to approve an ordinance of the City of
Bulverde, Texas, amending the Fiscal Year 2025-2026 Budget.

Vote:

Motion carried (7) ayes to (0) nays.

PUBLIC COMMENTS NOT RELATED TO POSTED AGENDA ITEMS
Mayor Helen Hays opened the meeting for public comments not related to posted agenda
items at 8:44 PM. There being no one wishing to speak, the public comments were
immediately closed.
REPORTS BY ELECTED OFFICIALS AND CITY STAFF ON ITEMS OF COMMUNITY
INTEREST
Mayor Hays expressed sadness on the recent passing of Comal County Judge Sherman
Krause and announced the date of his upcoming funeral services.
EXECUTIVE (CLOSED) SESSION
At 8:45 PM the City Council convened into Executive Session to discuss the following:

Page 3 of 4

7.A.

The City Council will meet in Executive (Closed) Session to seek the advice
of legal counsel about pending litigation, as follows:
i.

Lisa H. Cook v. The City of Bulverde, Cause No. C2025-0740A, a lawsuit
pending in the 22nd District Court of Comal County, pursuant to Section
551.071 of the Texas Open Meetings Act, which authorizes closed sessions
for a governmental body to consult with its attorney(s) regarding advice on legal
matters pertaining to “Pending or Contemplated Litigation; or a Settlement
Offer; or on a matter 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.”

At 9:00 PM the City Council reconvened from Executive Session and took the following
action on items discussed in Executive Session.
No action taken.
ADJOURNMENT
9:00 PM
There being no further business to come before the City Council, the meeting was
adjourned.

________________________
Sandra V. Ham
City Secretary

Page 4 of 4

These minutes have been prepared to satisfy the requirements of Section 551.021 of the
Texas Government Code. Audio recordings of most City meetings can be obtained at
www.bulverdetx.gov.
City of Bulverde, Texas
City Council Meeting
Monday, February 23, 2026
Meeting Duration: 6:30 PM to 8:50 PM
CALL THE MEETING TO ORDER
Mayor Helen Hays called the meeting to order at 6:30 PM.
Members of City Council Present:
Mayor Helen Hays
Council Member Jason Krawietz, Place 1
Council Member Francesca Watson, Place 2
Council Member Ted Hawkins, Place 3
Council Member Clint Hays, Place 4
Mayor Pro Tem Joe Alexandre, Place 5
Council Member Christopher Goth, Place 6
Members of City Council Absent:
City Staff Present: City Manager Mike Castro, City Attorney Matthew Groves, City
Secretary Sandra V. Ham, Chief of Police Gary Haecker, Planning Director Danny Batts,
Public Works Director Aaron Martinez, and Finance Director Sharon Nelson
REPORTS AND PRESENTATIONS
2.A.

Planning Department Update: Summary of January 2026 Activities
Report given by Planning Director Danny Batts.

2.B.

Planning & Zoning Commission: Report from the Planning & Zoning
Commission
No report given.

REGULAR AGENDA ITEMS
3.A.

Hold a public hearing and consider the approval of an ordinance granting a
variance to Section 3.08.103(l) of the City of Bulverde Code of Ordinances,
at 29905 Bulverde Ln, Bulverde, TX 78163.
Motion:

Council Member, Place 2 Watson made a motion seconded by Council
Member, Place 6 Goth to approve an ordinance granting a variance to
Section 3.08.103(l) of the City of Bulverde Code of Ordinances, at
29905 Bulverde Ln, Bulverde, TX 78163, specific to this business
purpose.

Vote:

Motion carried (6) ayes to (1) nay, Council Member, Place 1 Krawietz
opposed.
Page 1 of 3

3.B.

Receive a presentation from Matthew Bremmer regarding a development
proposal for property located on the west side of Bulverde Rd, near the
intersections of Casey Rd and John Charles Dr.
No action taken.

3.C.

3.D.

3.E.

Discuss and consider adoption of an ordinance adjusting Singing Hills
Wastewater Treatment Plant wastewater and reuse rates and charges.
Motion:

Mayor Hays made a motion seconded by Council Member, Place 4
Hays to approve an ordinance adjusting Singing Hills Wastewater
Treatment Plant wastewater and reuse rates and charges.

Vote:

Motion carried (7) ayes to (0) nays.

Consider an ordinance of the City Council of the City of Bulverde, Texas,
amending the City of Bulverde Code of Ordinances, Chapter 14, Zoning,
Section 14.12.005, Home Office, by adding provisions related to Home-Based
Businesses, including allowing manufacturing uses within residential zones,
as required by HB 2464.
Motion:

Council Member, Place 2 Watson made a motion seconded by Council
Member, Place 1 Krawietz to approve an ordinance amending the City
of Bulverde Code of Ordinances, Chapter 14, Zoning, Section
14.12.005, Home Office, by adding provisions related to Home-Based
Businesses, including allowing manufacturing uses within residential
zones, as required by HB 2464.

Vote:

Motion carried (7) ayes to (0) nays.

Consider an ordinance of the City Council of the City of Bulverde, Texas,
amending the City of Bulverde Code of Ordinances, Chapter 14, Zoning,
Section 14.08.002, Maintenance and irrigation of landscaped areas, by
adding provisions related to approval of landscape materials not irrigated by
a mechanical underground irrigation system.
Motion:

Council Member, Place 1 Krawietz made a motion seconded by Council
Member, Place 2 Watson to approve an ordinance amending the City
of Bulverde Code of Ordinances, Chapter 14, Zoning, Section
14.08.002, Maintenance and irrigation of landscaped areas, by adding
provisions related to approval of landscape materials not irrigated by a
mechanical underground irrigation system.

Vote:

Motion carried (7) ayes to (0) nays.

PUBLIC COMMENTS NOT RELATED TO POSTED AGENDA ITEMS

Page 2 of 3

Mayor Helen Hays opened the meeting for public comments not related to posted agenda
items at 8:21 PM. There being no one wishing to speak, the public comments were
immediately closed.
EXECUTIVE (CLOSED) SESSION
At 8:22 PM the City Council convened into Executive Session to discuss the following:
5.A

Pursuant to Tex. Gov’t Code Ann. § 551.074 (Personnel Matters), Personnel
Matters, the City Council will meet in Executive (Closed) Session to
deliberate the appointment / reappointment or removal of members of the
Planning & Zoning Commission.

5.B

The City Council will meet in Executive (Closed) Session to seek the advice
of legal counsel about pending litigation, as follows:
i.

Lisa H. Cook v. The City of Bulverde, Cause No. C2025-0740A, a lawsuit
pending in the 22nd District Court of Comal County, pursuant to Section
551.071 of the Texas Open Meetings Act, which authorizes closed sessions
for a governmental body to consult with its attorney(s) regarding advice on
legal matters pertaining to “Pending or Contemplated Litigation; or a
Settlement Offer; or on a matter 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.”

At 8:50 PM the City Council reconvened from Executive Session and took the following
action on items discussed in Executive Session.
No action taken.
ADJOURNMENT
8:50 PM
There being no further business to come before the City Council, the meeting was
adjourned.

________________________
Sandra V. Ham
City Secretary

Page 3 of 3

3.B
CITY COUNCIL ITEM
Acceptance
Racial Profile Report

MEETING DATE:

March 10, 2026

AGENDA ITEM:

Acknowledge and receive the City of Bulverde Police Department 2025
Racial Profile Report in accordance with the Code of Criminal
Procedures.

DEPARTMENT:

Police

PRESENTED BY:

Gary Haecker, Police Chief

BACKGROUND:
In accordance with state law and reporting requirements established by the Texas Commission on Law
Enforcement (TCOLE), the City is required to annually compile and submit a racial profiling report based
on traffic stop data and related enforcement activities.
The attached 2025 Racial Profiling Report has been completed and was to be submitted to TCOLE no
later than March 1, 2026. This compliance action has been completed. While there is no statutory
deadline requiring presentation to the governing body prior to submission, best practice is to present the
report publicly to ensure transparency and compliance with state reporting standards.
The report includes required statistical data concerning motor vehicle stops, citations, searches, arrests,
and demographic information, as collected and analyzed in accordance with state law.
RECOMMENDATION:
Staff recommends that the City Council accept the report as presented, acknowledging the compliance
submission to the Texas Commission on Law Enforcement by the March 1st deadline.
ATTACHMENTS:
•

2025 Racial Profiling Report

3.C
CITY COUNCIL ITEM
Ordinance
Cancelling Election

MEETING DATE:

March 10, 2026

AGENDA ITEM:

Consider approval of an ordinance cancelling the City of Bulverde’s May
2, 2026 General Officers Election, declaring unopposed candidates
elected pursuant to the Texas Election Code, and providing for notice of
cancellation.

DEPARTMENT:

Administration

PRESENTED BY:

Sandra V. Ham, City Secretary

BACKGROUND:
The City Council of the City of Bulverde previously ordered a General Officers Election to be held on May
2, 2026, for the purpose of electing members of the City Council.
The filing period for candidates closed on February 13, 2026. After the close of the filing period and the
deadline for write-in candidates, the City Secretary, serving as the filing authority, has certified that all
candidates for the offices on the ballot are unopposed.
Under the Texas Election Code, if each candidate for an office on the ballot is unopposed and no
declaration of write-in candidacy has been filed, the governing body may cancel the election and declare
the candidates elected.
Legal Authority: Pursuant to Sections 2.051–2.053 of the Texas Election Code, a political subdivision
may cancel an election when all candidates are unopposed and the deadline for write-in candidates has
passed. The governing body must adopt an order or ordinance declaring the unopposed candidates
elected and cancelling the election.
Following adoption, notice of the cancellation must be posted at each polling location that would have
been used on Election Day.
Financial Impact: Cancelling the election will eliminate the costs associated with conducting the May 2,
2026 election, including expenses related to election administration, polling locations, staffing, and
equipment.
RECOMMENDATION:
Staff recommends that the City Council adopt the ordinance cancelling the May 2, 2026 General Officers
Election and declaring the unopposed candidates elected.

ATTACHMENTS:
•
•

Ordinance cancelling the May 2, 2026 General Officers Election
Certification of Unopposed Candidates

ORDINANCE NO. _____
AN ORDINANCE OF THE CITY OF BULVERDE, TEXAS, CANCELLING
THE MAY 2, 2026 GENERAL OFFICERS ELECTION; DECLARING
UNOPPOSED CANDIDATES ELECTED; AND PROVIDING FOR NOTICE
OF CANCELLATION.
WHEREAS, The City Council of the City of Bulverde, Texas, ordered a General Officers Election
to be held on May 2, 2026, for the purpose of electing the following offices:
Council Member, Place 3
Council Member, Place 4
WHEREAS, The City Secretary, as the filing authority for the election, has certified in writing
that each candidate for the offices listed above is unopposed; and
WHEREAS, Pursuant to Sections 2.051–2.053 of the Texas Election Code, the governing body
of a political subdivision may cancel an election if each candidate for an office listed on the ballot
is unopposed and no declaration of write-in candidacy has been timely filed; and
WHEREAS, The deadline for filing a declaration of write-in candidacy has passed, and no eligible
write-in candidates have filed.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
BULVERDE, TEXAS:
SECTION 1. FINDINGS
The recitals contained in the preamble of this Ordinance are found to be true and correct and are
hereby adopted as findings of fact.
SECTION 2. CANCELLATION OF ELECTION
The May 2, 2026 General Officers Election is hereby cancelled pursuant to the Texas Election
Code.
SECTION 3. DECLARATION OF ELECTED OFFICIALS
The following unopposed candidates are hereby declared elected to the offices indicated:
Ted Hawkins, Council Member, Place 3
Zach Brown, Council Member, Place 4
Each elected official shall assume office upon issuance of a certificate of election and upon taking
the official oath of office in accordance with Texas law.

SECTION 4. NOTICE OF CANCELLATION
The City Secretary is directed to post a copy of this Ordinance at each polling place that would
have been used in the May 2, 2026 election and to take any other action required by the Texas
Election Code to provide notice of the cancellation.
SECTION 5. EFFECTIVE DATE
This Ordinance shall take effect immediately upon its adoption.
PASSED AND APPROVED by the City Council of the City of Bulverde, Texas, on this ___ day
of __________, 2026.
______________________________
Helen Hays
Mayor
ATTEST:
______________________________
Sandra V. Ham
City Secretary

4.A

CITY COUNCIL ITEM
Acceptance of Annual Audit
Fiscal Year 2024-2025
MEETING DATE:

March 10, 2026

AGENDA ITEM:

Consider acceptance of the annual audit of the City’s Financial
Statements for Fiscal Year 2024-2025.

DEPARTMENT:

Administration

PRESENTED BY:

Sharon Nelson, Finance Director

BACKGROUND:
Armstrong, Vaughan & Associates, P.C. has completed the City of Bulverde’s Audited Financial
Statements in conformity with the U.S. Generally Accepted Accounting Principles (GAAP) and in
accordance with Government Auditing Standards.
Article VII Financial Provisions Section 7.15 of the City Charter’s requires an independent audit to be
made of all accounts of the City by a certified public accountant. The report of audit, with the auditor’s
recommendations, will be made to the City Council.
Upon completion of the audit, the summary shall be published immediately in the official newspaper of
the City and copies of the audit placed on file in the office of the person performing the duties of City
Secretary, as a public record.
RECOMMENDATION:
Acceptance by Council of the annual audit of the City’s Financial Statements for Fiscal Year 2024-2025.
ATTACHMENTS:
•
•
•

Audit Highlights
Required Auditor Disclosure Letter
Annual Financial Report (Hard copy will be provided under separate cover)

City of Bulverde
Audit Highlights
September 30, 2025
OVERVIEW
Clean Opinion (means we agree annual report is accurate)
Material or Significant Findings
Any Other Written Findings or Recommendations

YES
NO
NO

General Fund Trends
Total Revenue
Total Expenditures
Other Sources (Uses)
Change in Fund Balance

2023
8,450,721
9,197,419
5,900
(740,798)

2024
9,904,912
9,614,449
0
290,463

2025
10,830,058
8,283,337
10,739
2,557,460

Beginning Fund Balance
Ending Fund Balance

5,557,949
4,817,151

4,817,151
5,107,614

5,107,614
7,665,074

Capital Expenditures
Months in General Fund Balance

3,875,384
10.9

2,490,451
8.6

2,130,677
14.9

Utility Funds
Total Revenue
Total Expenses less Depreciation
Operating Income (Loss)
Depreciation
Change in Net Position

2023
508,860
484,113
24,747
(305,132)
(280,385)

2024
587,110
632,373
(45,263)
(305,134)
(350,397)

2025
486,414
805,092
(318,678)
(305,132)
(623,810)

Beginning Net Position
Ending Net Position

7,339,862
7,059,477

7,059,477
6,709,080

6,709,080
6,085,270

Other Fund Balances
Police Seizure Fund
Hotel/Motel Fund
Child Safety Fund
Court Technology/Security
Youth Diversion Fund
Tree Preservation
LEOSE Grant
Police Donations
Drainage

2023
52,715
67,982
111,092
450,307
0
81,801
8,605
25,009
419,506

2024
56,290
81,494
125,276
408,190
0
74,502
12,086
26,357
431,434

2025
69,426
82,407
136,227
314,480
17,644
84,702
14,517
30,580
441,837

Budget
9,253,238
8,761,406
0
491,832

Communication with Those Charged with Governance
February 9, 2026
To Management, the Mayor and City Council of
City of Bulverde
We have audited the financial statements of the governmental activities, business-type activities, each major fund,
and the aggregate remaining fund information of the City of Bulverde as of and for the year ended September 30,
2025, and have issued our report thereon dated February 9, 2026. Professional standards require that we advise
you of the following matters relating to our audit.
Our Responsibility in Relation to the Financial Statement Audit
As communicated in our engagement letter dated August 21, 2025, our responsibility, as described by
professional standards, is to form and express an opinion about whether the financial statements that have been
prepared by management with your oversight are presented fairly, in all material respects, in conformity with
accounting principles generally accepted in the United States of America. Our audit of the financial statements
does not relieve you or management of your respective responsibilities.
Our responsibility, as prescribed by professional standards, is to plan and perform our audit to obtain reasonable,
rather than absolute, assurance about whether the financial statements are free of material misstatement. An audit
of financial statements includes consideration of internal control over financial reporting as a basis for designing
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 over financial reporting. Accordingly, as part of our audit, we
considered the internal control of City of Bulverde solely for the purpose of determining our audit procedures and
not to provide any assurance concerning such internal control.
We are also responsible for communicating significant matters related to the audit that are, in our professional
judgment, relevant to your responsibilities in overseeing the financial reporting process. However, we are not
required to design procedures for the purpose of identifying other matters to communicate to you.
Planned Scope and Timing of the Audit
We conducted our audit consistent with the planned scope and timing we previously communicated to you.
Compliance with All Ethics Requirements Regarding Independence
The engagement team and others in our firm, as appropriate, have complied with all relevant ethical requirements
regarding independence.

1

Qualitative Aspects of the Entity’s Significant Accounting Practices
Significant Accounting Policies
Management has the responsibility to select and use appropriate accounting policies. A summary of the
significant accounting policies adopted by City of Bulverde is included in Note A to the financial statements. No
new accounting policies were adopted and the application of existing policies was not changed during 2025
except for the following:
As required, the City implemented GASB Statement 101 related to compensated absences. Previously
only employee absences that would be paid on termination were included in the liability for compensated
absences on the financial statements. Now, any time paid out on termination or more likely than not to be
taken as time off is included. This mainly impacted sick leave and had the impact of increasing the
liability. This included a prior period adjustment to account for what the balance would have been in the
prior year.
No matters have come to our attention that would require us, under professional standards, to inform you about
(1) the methods used to account for significant unusual transactions and (2) the effect of significant accounting
policies in controversial or emerging areas for which there is a lack of authoritative guidance or consensus.
Significant Accounting Estimates
Accounting estimates are an integral part of the financial statements prepared by management and are based on
management’s current judgments. Those judgments are normally based on knowledge and experience about past
and current events and assumptions about future events. Certain accounting estimates are particularly sensitive
because of their significance to the financial statements and because of the possibility that future events affecting
them may differ markedly from management’s current judgments.
The most sensitive accounting estimates affecting the financial statements are:
1.
2.
3.
4.

Allowance for uncollectible accounts receivable for Wastewater Treatment services
Useful lives of capital assets
Accumulated employee absences more likely than not to be taken as time off or paid out
Mortality rates, investment returns, discount rates, health care cost trend and other expected conditions
related to:
a. Pension plan
b. Supplemental Death Benefit

The allowance for uncollectible accounts is based on collection history from the developer. Management’s
estimate of the useful lives of capital assets is based on industry guidance and professional judgment.
Accumulated employee absences expected to be taken or paid out upon termination is based on historical trends
of leave taken or due upon termination. The estimates related to the Net Pension Liability and Total OPEB
Liability are based on the actuarial studies performed by Texas Municipal Retirement System with no input from
the City’s Management. We have considered the underlying inputs provided by the City related to covered
employees as well as the reasonableness of the actuarial assumptions used. We evaluated the key factors and
assumptions used to develop the estimates and determined that they are reasonable in relation to the basic
financial statements taken as a whole and in relation to the applicable opinion units.
Financial Statement Disclosures
Certain financial statement disclosures involve significant judgment and are particularly sensitive because of their
significance to financial statement users. The most sensitive disclosures affecting the City of Bulverde’s financial
statements relate to the employee’s retirement systems and commitments and contingencies.

2

Significant Difficulties Encountered during the Audit
We encountered no difficulties in dealing with management relating to the performance of the audit.
Uncorrected and Corrected Misstatements
For purposes of this communication, professional standards require us to accumulate all known and likely
misstatements identified during the audit, other than those that we believe are trivial, and communicate them to
the appropriate level of management. Further, professional standards require us to also communicate the effect of
uncorrected misstatements related to prior periods on the relevant classes of transactions, account balances or
disclosures, and the financial statements as a whole and each applicable opinion unit. Management has corrected
all identified misstatements.
In addition, professional standards require us to communicate to you all material, corrected misstatements that
were brought to the attention of management as a result of our audit procedures. We assisted management in
recording routine items such as depreciation, additional accruals, and changes to the net pension liability and
other postemployment benefit liability. These adjustments were not indicative of deficiencies in internal control
and are deemed customary for a city of this size.
Disagreements with Management
For purposes of this letter, professional standards define a disagreement with management as a matter, whether or
not resolved to our satisfaction, concerning a financial accounting, reporting, or auditing matter, which could be
significant to City of Bulverde’s financial statements or the auditor’s report. No such disagreements arose during
the course of the audit.
Representations Requested from Management
We have requested certain written representations from management, which are included in a separate letter dated
February 9, 2026.
Management’s Consultations with Other Accountants
In some cases, management may decide to consult with other accountants about auditing and accounting matters.
Management informed us that, and to our knowledge, there were no consultations with other accountants
regarding auditing and accounting matters.
Public Funds Investment Act
As a part of our audit, we review the City’s compliance with the Public Funds Investment Act. Our procedures
found that the City had complied with all provisions of the Act.
Other Information in Documents Containing Audited Financial Statements
Pursuant to professional standards, our responsibility as auditors for other information in documents containing
City of Bulverde’s audited financial statements does not extend beyond the financial information identified in
the audit report, and we are not required to perform any procedures to corroborate such other information.
However, in accordance with such standards, we have read the information and considered whether such
information, or the manner of its presentation, was materially consistent with its presentation in the financial
statements.

3

Our responsibility also includes communicating to you any information which we believe is a material
misstatement of fact. Nothing came to our attention that caused us to believe that such information, or its
manner of presentation, is materially inconsistent with the information, or manner of its presentation, appearing
in the financial statements.
Other Significant Matters, Findings, or Issues
In the normal course of our professional association with City of Bulverde, we generally discuss a variety of
matters, including the application of accounting principles and auditing standards, operating and regulatory
conditions affecting the entity, and operational plans and strategies that may affect the risks of material
misstatement. None of the matters discussed resulted in a condition to our retention as City of Bulverde’s
auditors.
With respect to the supplementary information accompanying the financial statements, we made certain inquiries
of management and evaluated the form, content, and methods of preparing the information to determine that the
information complies with accounting principles generally accepted in the United States of America, the method
of preparing it has not changed from the prior period, and the information is appropriate and complete in relation
to our audit of the financial statements. We compared and reconciled the supplementary information to the
underlying accounting records used to prepare the financial statements or to the financial statements themselves.
This report is intended solely for the information and use of the City Council and management of City of
Bulverde and is not intended to be and should not be used by anyone other than these specified parties.
Respectfully,

Armstrong, Vaughan & Associates, P.C.
February 9, 2026

4

CITY OF BULVERDE, TEXAS
ANNUAL
FINANCIAL REPORT
FISCAL YEAR ENDED
SEPTEMBER 30, 2025

i

CITY OF BULVERDE
ANNUAL FINANCIAL REPORT
FOR THE YEAR ENDED SEPTEMBER 30, 2025
TABLE OF CONTENTS
INTRODUCTORY SCHEDULE
PAGE
TITLE PAGE ................................................................................................................................................. i
TABLE OF CONTENTS..............................................................................................................................ii
PRINCIPAL OFFICERS ............................................................................................................................. iv
FINANCIAL SECTION
INDEPENDENT AUDITOR’S REPORT .................................................................................................... 1
MANAGEMENT’S DISCUSSION AND ANALYSIS ............................................................................... 4
BASIC FINANCIAL STATEMENTS ....................................................................................................... 11
STATEMENT OF NET POSITION ....................................................................................................... 12
STATEMENT OF ACTIVITIES ............................................................................................................ 14
BALANCE SHEET - GOVERNMENTAL FUNDS .............................................................................. 16
RECONCILIATION OF THE GOVERNMENTAL FUNDS BALANCE SHEET TO THE
STATEMENT OF NET POSITION .................................................................................................... 17
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES –
GOVERNMENTAL FUNDS............................................................................................................... 18
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES, AND
CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT
OF ACTIVITIES .................................................................................................................................. 19
STATEMENT OF NET POSITION – PROPRIETARY FUND ............................................................ 20
STATEMENT OF REVENUES, EXPENSES, AND CHANGES IN NET POSITION –
PROPRIETARY FUND ....................................................................................................................... 21
STATEMENT OF CASH FLOWS – PROPRIETARY FUND .............................................................. 22
NOTES TO BASIC FINANCIAL STATEMENTS................................................................................ 23
REQUIRED SUPPLEMENTARY INFORMATION ................................................................................ 45
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL - GENERAL FUND ................................................................................. 46
NOTES TO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - BUDGET AND ACTUAL - GENERAL FUND ........................................................... 49
SCHEDULE OF CHANGES – NET PENSION LIABILITY AND RELATED RATIOS - LAST
TEN CALENDAR YEARS.................................................................................................................. 50
SCHEDULE OF EMPLOYER CONTRIBUTIONS - LAST TEN FISCAL YEARS............................ 52
SCHEDULE OF CHANGES – OTHER POST EMPLOYMENT BENEFIT LIABILITY AND
RELATED RATIOS - LAST EIGHT CALENDAR YEARS............................................................. 53

ii

CITY OF BULVERDE
ANNUAL FINANCIAL REPORT
FOR THE YEAR ENDED SEPTEMBER 30, 2025
TABLE OF CONTENTS (CONTINUED)
PAGE
SUPPLEMENTARY INFORMATION...................................................................................................... 55
COMPARATIVE BALANCE SHEETS - GENERAL FUND ............................................................... 56
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - GENERAL FUND ......................................................................................................... 57
COMBINING BALANCE SHEETS - NONMAJOR GOVERNMENTAL FUNDS............................. 58
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - NONMAJOR GOVERNMENTAL FUNDS ................................................................. 60
COMPARATIVE BALANCE SHEETS - POLICE SEIZURE FUND .................................................. 62
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - POLICE SEIZURE FUND............................................................................................. 63
COMPARATIVE BALANCE SHEETS - HOTEL/MOTEL FUND...................................................... 64
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - HOTEL/MOTEL FUND ................................................................................................ 65
COMPARATIVE BALANCE SHEETS - CHILD SAFETY FUND ..................................................... 66
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - CHILD SAFETY FUND................................................................................................ 67
COMPARATIVE BALANCE SHEETS - COURT SECURITY FUND................................................ 68
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - COURT SECURITY FUND .......................................................................................... 69
COMPARATIVE BALANCE SHEETS - LOCAL YOUTH DIVERSION FUND............................... 70
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - LOCAL YOUTH DIVERSION FUND ......................................................................... 71
COMPARATIVE BALANCE SHEETS - COURT TECHNOLGY FUND........................................... 72
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - COURT TECHNOLOGY FUND .................................................................................. 73
COMPARATIVE BALANCE SHEETS - TREE PRESERVATION FUND......................................... 74
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - TREE PRESERVATION FUND ................................................................................... 75
COMPARATIVE BALANCE SHEETS - LEOSE GRANT FUND ...................................................... 76
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - LEOSE GRANT FUND ................................................................................................. 77
COMPARATIVE BALANCE SHEETS - POLICE DONATIONS FUND ........................................... 78
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - POLICE DONATIONS FUND...................................................................................... 79
COMPARATIVE BALANCE SHEETS - DRAINAGE FUND............................................................. 80
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND
BALANCE - DRAINAGE FUND ....................................................................................................... 81
COMPARATIVE STATEMENTS OF NET POSITION - PROPRIETARY FUND............................. 82
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET
POSITION - PROPRIETARY FUND ................................................................................................. 83
COMPARATIVE STATEMENTS OF CASH FLOWS - PROPRIETARY FUND............................... 84

iii

CITY OF BULVERDE
PRINCIPAL OFFICERS
AS OF SEPTEMBER 30, 2025

CITY OFFICIALS
MAYOR

HELEN HAYS

CITY COUNCIL

JASON KRAWIETZ
FRANCESCA WATSON
TED HAWKINS
CLINT HAYS
JOE ALEXANDRE
CHRISTOPHER GOTH

CITY MANAGER
ATTORNEY

MIKE CASTRO
DENTON, NAVARRO, RODRIGUEZ, BERNAL, SANTEE & ZECH, P.C.

iv

INDEPENDENT AUDITOR’S REPORT
The Honorable Mayor and Members of the City Council
City of Bulverde
Report on the Audit of the Financial Statements
Opinions
We have audited the financial statements of the governmental activities, the business-type activities, each
major fund and the aggregate remaining fund information of the City of Bulverde, as of and for the year
ended September 30, 2025, and the related notes to the financial statements, which collectively comprise
the City’s basic financial statements as listed in the table of contents.
In our opinion, the accompanying financial statements present fairly, in all material respects, the
respective financial position of the governmental activities, the business-type activities, each major fund
and the aggregate remaining fund information of the City of Bulverde, as of September 30, 2025, and the
respective changes in financial position and, where applicable, cash flows thereof for the year then ended
in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of
America (GAAS). Our responsibilities under those standards are further described in the Auditor’s
Responsibilities for the Audit of the Financial Statements section of our report. We are required to be
independent of the City of Bulverde and to meet our other ethical responsibilities, in accordance with the
relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is
sufficient and appropriate to provide a basis for our audit opinions.
Emphasis of Matter - Change in Accounting Principle
As discussed in Note N to the financial statements, the City implemented GASB Statement 101 as of
October 1, 2024. Our opinion is not modified with respect to this matter.
Responsibilities of Management for the Financial Statements
City of Bulverde’s management is responsible for the preparation and fair presentation of the financial
statements in accordance with accounting principles generally accepted in the United States of America,
and for 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.

1

In preparing the financial statements, management is required to evaluate whether there are conditions or
events, considered in the aggregate, that raise substantial doubt about the City of Bulverde’s ability to
continue as a going concern for twelve months beyond the financial statement date, including any
currently known information that may raise substantial doubt shortly thereafter.
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that
includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and
therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a
material misstatement when it exists. The risk of not detecting a material misstatement resulting from
fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional
omissions, misrepresentations, or the override of internal control. Misstatements are considered material
if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment
made by a reasonable user based on the financial statements.
In performing an audit in accordance with GAAS, we:








Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the financial statements, whether due to
fraud or error, and design and perform audit procedures responsive to those risks. Such
procedures include examining, on a test basis, evidence regarding the amounts and disclosures in
the financial statements.
Obtain an understanding of internal control relevant to the audit 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 City of Bulverde’s internal control. Accordingly, no such opinion
is expressed.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant
accounting estimates made by management, as well as evaluate the overall presentation of the
financial statements.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate,
that raise substantial doubt about City of Bulverde’s ability to continue as a going concern for a
reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters, the
planned scope and timing of the audit, significant audit findings, and certain internal control–related
matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s
discussion and analysis, budgetary comparison information, and schedule of changes – net pension
liability and other post-employment benefits liability as referred to in the table of contents, 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.

2

Supplementary Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively
comprise City of Bulverde’s basic financial statements as a whole. The combining and individual fund
financial statements are presented for purposes of additional analysis and are not a required part of the
basic financial statements. These statements are the responsibility of management and were derived from
and relates directly to the underlying accounting and other records used to prepare the basic financial
statements. Such information has been subjected to the auditing procedures applied in the audit of the
basic financial statements and certain additional procedures, including comparing and reconciling such
information directly to the underlying accounting and other records used to prepare the basic financial
statements or to the basic financial statements themselves, and other additional procedures in accordance
with auditing standards generally accepted in the United States of America. In our opinion, the
information is fairly stated, in all material respects, in relation to the basic financial statements as a whole.

Armstrong, Vaughan & Associates, P.C.
February 9, 2026

3

MANAGEMENT’S DISCUSSION AND ANALYSIS
This section of the City of Bulverde’s annual financial report presents our discussion and analysis of the
City’s financial performance during the fiscal year ended September 30, 2025. Please read it in
conjunction with the City’s financial statements, which follow this section.
FINANCIAL HIGHLIGHTS


The City’s net position was $28.3 million at September 30, 2025.



During the year, the City’s governmental expenses were $3.9 million less than the $11.2 million
generated in general and program revenues for governmental activities. The total cost of the City’s
program expenses decreased 15% without cutting any activities but rather cost reductions where
possible.



The general fund reported a fund balance this year of $7.7 million, an increase of 50.0%. This
increase is primarily due to utilizing previously deferred grant revenue as well as significant
increases in ad valorem and sales tax collections.



The City did not issue any new bonds during the fiscal year ending September 30, 2025.

OVERVIEW OF THE FINANCIAL STATEMENTS

Figure A-1, Required Components of the
City’s Annual Financial Report

This annual report consists of three parts—management’s
discussion and analysis (this section), the basic financial statements,
and required supplementary information.
The basic financial
statements include two kinds of statements that present different
views of the City:


The first two statements are government-wide financial
statements that provide both long-term and short-term
information about the City’s overall financial status.



The remaining statements are fund financial statements that
focus on individual parts of the government, reporting the
City’s operations in more detail than the government-wide
statements.



The governmental funds statements tell how general
government services were financed in the short-term as well as
what remains for future spending.



Proprietary fund statements offer short- and long-term
financial information about the activities the government
operates like businesses.

The financial statements also include notes that explain some of the information in the financial
statements and provide more detailed data. The statements are followed by a section of required
supplementary information that further explains and supports the information in the financial statements.
Figure A-1 shows how the required parts of this annual report are arranged and related to one another.

4

Figure A-2. Major Features of the City's Government-wide and Fund Financial Statements

Type of Statements
Scope

Required financial
statements

Fund Statements
Government-wide
Governmental Funds
Entire City's government
The activities of the city
(except fiduciary funds)
that are not proprietary or
and component units
fiduciary
• Statement of Net Position • Balance Sheet
• Statement of Activities
• Statement of Revenues,
Expenditures & Changes
in Fund Balances

Proprietary Funds
Activities the City
operates similar to private
businesses: wastewater.
• Statement of Net Position
• Statement of Revenues,
Expenses & Changes in
Net Position
• Statement of Cash Flows
Accrual accounting and
economic resources focus

Accounting basis and
measurement focus

Accrual accounting and
economic resources focus

Modified accrual
accounting and current
financial resources focus

Type of
asset/liability
information

All assets and liabilities,
both financial and capital,
short-term and long-term

Only assets expected to be All assets and liabilities,
used up and liabilities that both financial and capital,
come due during the year and short-term and
or soon thereafter; no
long-term

Type of
inflow/outflow
information

All revenues and
expenses during year,
regardless of when cash
is received or paid

Revenues for which cash is All revenues and expenses
received during or soon
during year, regardless of
after the end of the year;
when cash is received or
expenditures when goods paid
or services have been
received and payment is
due during the year or
soon thereafter.

capital assets included

Figure A-2 summarizes the major features of the City’s financial statements, including the portion of the
City government they cover and the types of information they contain. The remainder of this overview
section of management’s discussion and analysis explains the structure and contents of each of the
statements.
Government-Wide Statements
The government-wide statements report information about the City as a whole using accounting methods
similar to those used by private-sector companies. The Statement of Net Position includes all of the
government’s assets and liabilities. All of the current year’s revenues and expenses are accounted for in
the statement of activities regardless of when cash is received or paid.
The two government-wide statements report the City’s net position and how they have changed. Net
position—the difference between the City’s assets plus deferred outflows and liabilities plus deferred
inflows —is one way to measure the City’s financial health or position.


Over time, increases or decreases in the City’s net position are an indicator of whether its financial
health is improving or deteriorating, respectively.

5



To assess the overall health of the City, one needs to consider additional non-financial factors such
as changes in the City’s tax base.



The government-wide financial statements of the City include the Governmental Activities. Most
of the City’s basic services are included here, such as general and administrative, public safety,
planning and zoning, municipal court, building operations and maintenance, and public works.
Sales and Property taxes as well as charges for services finance most of these activities.

Fund Financial Statements
The fund financial statements provide more detailed information about the City’s most significant
funds—not the City as a whole. Funds are accounting devices that the City uses to keep track of specific
sources of funding and spending for particular purposes.


Some funds are required by State law and by bond covenants.



The City Council establishes other funds to control and manage money for particular purposes or to
show that it is properly using certain taxes and grants.

The City has the following kinds of funds:


Governmental funds—Most of the City’s basic services are included in governmental funds, which
focus on (1) how cash and other financial assets that can readily be converted to cash flow in and
out and (2) the balances left at year-end that are available for spending. Consequently, the
governmental fund statements provide a detailed short-term view that helps you determine whether
there are more or fewer financial resources that can be spent in the near future to finance the City’s
programs. Because this information does not encompass the additional long-term focus of the
government-wide statements, we provide additional information at the bottom of the governmental
funds statement, or on the subsequent page, that explain the relationship (or differences) between
them.



Proprietary funds—Services for which the City charges customers a fee are generally reported in
proprietary funds. Proprietary funds, like the government–wide statements, provide both long-term
and short-term financial information.

6

FINANCIAL ANALYSIS OF THE CITY AS A WHOLE
The City’s combined net position was $28.3 million at September 30, 2025. (See Table A-1).
Table A-1
City's Net Position
Governmental
Activities
2025
2024

Business-Type
Activities
2025
2024

2025

2024

Percentage
Change
2025 - 2024

69,777
6,643,549
6,713,326

$ 9,499,966
20,202,617
29,702,583

$ 8,487,607
19,121,096
27,608,703

11.9%
5.7%
7.6%

Total

Assets:
Current Assets
Capital Assets (net)
Total Assets

$ 9,700,983
13,864,200
23,565,183

$ 8,417,830
12,477,547
20,895,377

$ (201,017)
6,338,417
6,137,400

Deferred Outflows

277,993

315,909

-

-

277,993

315,909

-12.0%

Liabilities:
Current Liabilities
Noncurrent Liabilities
Total Liabilities

1,197,016
326,980
1,523,996

2,221,607
382,785
2,604,392

52,130
52,130

4,246
4,246

1,249,146
326,980
1,576,126

2,225,853
382,785
2,608,638

-43.9%
-14.6%
-39.6%

82,486

15,451

-

-

82,486

15,451

433.9%

13,864,200
1,191,820
7,180,674
$ 22,236,694

12,477,547
1,215,629
4,898,267
$ 18,591,443

6,338,417
(253,147)
$ 6,085,270

6,643,549
65,531
$ 6,709,080

20,202,617
1,191,820
6,927,527
$ 28,321,964

19,121,096
1,215,629
4,963,798
$ 25,300,523

5.7%
-2.0%
39.6%
11.9%

Deferred Inflows
Net Position:
Invested in Capital Assets
Restricted
Unrestricted, (Deficit)
Total Net Position

$

The unrestricted net position represents resources available to fund the programs of the City next year.

7

Governmental Activities
The City’s total governmental revenues were $11.2 million, of which 70.9% of the City’s revenue came
from taxes compared to 68.4% in the prior year. Table A-2 reports the summarized changes in net
position.
Table A-2
Changes in City's Net Position
Governmental
Activities
2025
2024
Program Revenues:
Charges for Services
Operating Grants and
Contributions
General Revenues:
Taxes
Interest Earnings
Miscellaneous
TOTAL REVENUES
Program Expenses:
General and Administrative
Municipal Court
Public Safety
Public Works
Parks & Recreation
Planning and Development
Culture & Recreation
Non-Departmental Functions
TOTAL EXPENSES
Change in Net Position
Beginning Net Position
Prior Period Adjustment
Ending Net Position

Business-Type
Activities
2025
2024
$

486,414

$

2025

2024

Percentage
Change
2025 - 2024

587,110

$ 2,588,170

$ 2,701,060

-4.2%

Total

$ 2,101,756

$ 2,113,950

756,819

715,032

-

-

756,819

715,032

5.8%

7,936,940
242,741
157,175
11,195,431

6,983,143
273,315
126,850
10,212,290

486,414

587,110

7,936,940
242,741
157,175
11,681,845

6,983,143
273,315
126,850
10,799,400

13.7%
-11.2%
23.9%
8.2%

741,712
461,766
3,064,832
879,751
113,998
448,727
209,465
1,392,221
7,312,472

798,954
366,324
2,791,029
1,851,547
258,747
318,294
192,396
1,995,696
8,572,987

1,110,224
1,110,224

937,507
937,507

1,851,936
461,766
3,064,832
879,751
113,998
448,727
209,465
1,392,221
8,422,696

1,736,461
366,324
2,791,029
1,851,547
258,747
318,294
192,396
1,995,696
9,510,494

6.7%
26.1%
9.8%
-52.5%
-55.9%
41.0%
8.9%
-30.2%
-11.4%

3,882,959
18,591,443
(237,708)
$ 22,236,694

1,639,303
16,952,140
$ 18,591,443

(623,810)
6,709,080
$ 6,085,270

(350,397)
7,059,477
$ 6,709,080

3,259,149
25,300,523
(237,708)
$ 28,321,964

1,288,906
24,011,617
$ 25,300,523

152.9%
5.4%
-100.0%
11.9%

The cost of all governmental activities this year was $7.3 million. 28.7% of the cost was paid by those
who directly benefited from the programs. Taxpayers paid for the majority of the rest of these activities
through property taxes, sales tax, and franchise taxes of $3.8 million, $3.4 million, and $535 thousand,
respectively.

8

Table A-3 presents the cost of each of the City’s largest functions, as well as each function’s net cost
(total cost less fees generated by the activities and intergovernmental aid). The net cost reflects what was
funded by state revenues as well as local tax dollars.
Table A-3
Net Cost of Selected City Functions
Total Cost of
Services
2025
2024
General and Administrative $ 741,712
$ 798,954
Municipal Court
461,766
366,324
Public Safety
3,064,832
2,791,029
Public Works
879,751
1,851,547
Parks & Recreation
113,998
258,747
Planning and Development
448,727
318,294
Culture & Recreation
209,465
192,396
Non-Departmental Functions 1,392,221
1,995,696

Percentage
Change
2025 - 2024
-7.2%
26.1%
9.8%
-52.5%
-55.9%
41.0%
8.9%
-30.2%

2024
798,954
(440,851)
1,898,578
722,191
258,747
318,294
192,396

Percentage
Change
2025 - 2024
-7.2%
-17.6%
2.0%
-103.6%
-55.9%
41.0%
8.9%

1,995,696

-30.2%

Net Cost of
Services
$

2025
741,712
(363,338)
1,937,382
(26,270)
113,998
448,727
209,465
1,392,221

$

Business-Type Activities
Total charges for wastewater treatment services decreased from the prior year to $486 thousand due to
decreased expectation of developer contributions. Total operating expenses, including current
depreciation expense, increased from the prior year to $1.1 million due to increased operation and
maintenance costs.
FINANCIAL ANALYSIS OF THE CITY’S FUNDS
Revenues from governmental fund types totaled $11.2 million, an increase of 9.4% from the preceding
year primarily due to increased ad valorem revenues and use of previously deferred grant revenue from
American Rescue Plan Act. Expenditures from governmental fund types totaled $8.6 million, a decrease
of 12.8% from the preceding year due to cost reductions across all departments. Total fund balance for
governmental fund types increased from the prior year by $2.5 million.
General Fund Budgetary Highlights
The City’s general fund actual revenues were $1.6 million more than budgeted and expenditures were
$478 thousand than budgeted amounts. The total impact was an increase in fund balance by $2.1 million
more than anticipated.

9

CAPITAL ASSETS AND DEBT ADMINISTRATION
Capital Assets
As of September 30, 2025, the City had invested $29.2 million in a broad range of capital assets,
including land, equipment, buildings, and vehicles. (See Table A-4.) Current year additions included the
completion of park lighting, playground equipment, and reconstruction of Stahl Lane. This amount less
accumulated depreciation totaling $9.0 million results in a total Net Capital Asset Value of $20.2 million.
Table A-4
City's Capital Assets
Governmental
Activities
2025
2024

Business-Type
Activities
2025
2024

Land
Construction in Progress
Buildings and Improvements
Vehicles and Equipment
Infrastructure
Signs
Totals at Historical Cost

$ 1,590,074
8,805,046
2,461,023
6,889,634
25,225
19,771,002

$ 1,590,074
964,477
8,338,341
2,171,982
4,677,345
25,225
17,767,444

$

286,625
9,153,971
9,440,596

Total Accumulated Depreciation
Net Capital Assets

(5,906,802)
$ 13,864,200

(5,289,897)
$ 12,477,547

(3,102,179)
$ 6,338,417

2025

2024

Percentage
Change
2025 - 2024

286,625
9,153,971
9,440,596

$ 1,876,699
17,959,017
2,461,023
6,889,634
25,225
29,211,598

$ 1,876,699
964,477
17,492,312
2,171,982
4,677,345
25,225
27,208,040

0.0%
-100.0%
5.6%
13.3%
47.3%
0.0%
11.3%

(2,797,047)
$ 6,643,549

(9,008,981)
$ 20,202,617

(8,086,944)
$ 19,121,096

11.7%
11.1%

$

Total

More detailed information about the City’s capital assets is presented in the notes to the financial
statements.
Long Term Debt
At year-end, the City had no outstanding long-term debt obligation.
ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND RATES
The 2025-2026 Fiscal Year will be a year of continued community planning for the Bulverde area. The
revenues 2025-2026 Fiscal Year budget preparation are $10,473,712 while expenditures and transfers to
other funds are estimated to be $9,432,140.
The approved tax rate for the City of Bulverde increased from $0.229807 to $0.259798 per $100
valuation. Property values is expected to remain the same or possibly be lowered for the next Fiscal Year.
CONTACTING THE CITY’S FINANCIAL MANAGEMENT
This financial report is designed to provide our citizens, taxpayers, customers, and investors and creditors
with a general overview of the City’s finances and to demonstrate the City’s accountability for the money
it receives. If you have questions about this report or need additional financial information, contact City
Hall at (830) 980-8832.

10

BASIC FINANCIAL STATEMENTS

The basic financial statements include integrated sets of financial statements as required by the
GASB. The sets of statements include:



Government – Wide Financial Statements
Fund Financial Statements:
- Governmental Funds
- Proprietary Funds

In addition, the notes to the financial statements are included to provide information that is
essential to a user’s understanding of the basic financial statements.

11

CITY OF BULVERDE
STATEMENT OF NET POSITION
SEPTEMBER 30, 2025

Primary Government
Governmental Business-Type
Activities
Activities
ASSETS
Current Assets:
Cash and Cash Equivalents
Investments
Receivables (net of allowances
for uncollectibles):
Ad Valorem Taxes
Other
Internal Balances
Total Current Assets

$

2,055,237
6,331,611

$

-

Total
$

2,055,237
6,331,611

62,563
952,606
298,966
9,700,983

97,949
(298,966)
(201,017)

62,563
1,050,555
9,499,966

Noncurrent Assets:
Capital Assets:
Land
Building and Improvements
Vehicles and Equipment
Infrastructure
Signs
Accumulated Depreciation
Total Capital Assets
Total Noncurrent Assets

1,590,074
8,805,046
2,461,023
6,889,634
25,225
(5,906,802)
13,864,200
13,864,200

286,625
9,153,971
(3,102,179)
6,338,417
6,338,417

1,876,699
17,959,017
2,461,023
6,889,634
25,225
(9,008,981)
20,202,617
20,202,617

TOTAL ASSETS

23,565,183

6,137,400

29,702,583

272,383
5,610
277,993

-

272,383
5,610
277,993

DEFERRED OUTFLOWS
Deferred Pension Related Outflows
Deferred OPEB Related Outflows
TOTAL DEFERRED OUTFLOWS

$

See accompanying notes to basic financial statements.
12

$

$

CITY OF BULVERDE
STATEMENT OF NET POSITION (CONTINUED)
SEPTEMBER 30, 2025

Governmental
Activities
LIABILITIES
Current Liabilities:
Accounts Payable
Wages and Salaries Payable
Other Current Liabilities
Accrued Compensated Absences
Unearned Revenue
Total Current Liabilities

$

Noncurrent Liabilities:
Net Pension Liability
Total OPEB Liability
Total Noncurrent Liabilities
TOTAL LIABILITIES

$

52,130
52,130

Total
$

370,013
129,883
115,825
415,490
217,935
1,249,146

237,033
89,947
326,980
1,523,996

52,130

237,033
89,947
326,980
1,576,126

64,567
17,919
82,486

-

64,567
17,919
82,486

13,864,200

6,338,417

20,202,617

582,874
82,407
84,702
441,837
7,180,674
$ 22,236,694

(253,147)
6,085,270

582,874
82,407
84,702
441,837
6,927,527
$ 28,321,964

DEFERRED INFLOWS
Deferred Pension Related Inflows
Deferred OPEB Related Inflows
TOTAL DEFERRED INFLOWS
NET POSITION
Net Investment in Capital Assets
Restricted for:
Police, Court, and Child Safety
Hotel/Motel
Tree Preservation
Drainage
Unrestricted (Deficit)
TOTAL NET POSITION

317,883
129,883
115,825
415,490
217,935
1,197,016

Primary Government
Business-Type
Activities

See accompanying notes to basic financial statements.
13

$

CITY OF BULVERDE
STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED SEPTEMBER 30, 2025

Program Revenues

Functions and Programs
Primary Government:
Governmental Activities:
General & Administrative
Municipal Court
Public Safety
Public Works
Parks & Recreation
Planning & Development
Culture & Recreation
Non-Departmental Functions
Total Governmental Activities
Business-Type Activities:
Wastewater Treatment
Total Business-Type Activities
Total Primary Government

Expenses

$

741,712
461,766
3,064,832
879,751
113,998
448,727
209,465
1,392,221
7,312,472

Charges for
Services

Operating
Grants and
Contributions

Capital
Grants and
Contributions

$

$

$

825,104
370,631
906,021
2,101,756

1,110,224
1,110,224

486,414
486,414

$ 8,422,696

$ 2,588,170

General Revenues:
Taxes
Ad Valorem Taxes
Sales Taxes
Franchise Taxes
Mixed Beverage Taxes
Hotel/Motel Occupancy Taxes
Interest and Investment Earnings
Miscellaneous
Total General Revenues
Change in Net Position
Net Position at Beginning of Year
Prior Period Adjustment - Change in Accounting Principle
Net Position at End of Year

See accompanying notes to basic financial statements.
14

756,819
756,819
-

$

756,819

-

$

-

Net (Expense) Revenue and
Changes in Net Position
Primary Government
Total
Governmental Business-Type
Activities
Activities

$ (741,712)
363,338
(1,937,382)
26,270
(113,998)
(448,727)
(209,465)
(1,392,221)
(4,453,897)

$

Total

-

$ (741,712)
363,338
(1,937,382)
26,270
(113,998)
(448,727)
(209,465)
(1,392,221)
(4,453,897)

-

(623,810)
(623,810)

(623,810)
(623,810)

(4,453,897)

(623,810)

(5,077,707)

3,793,543
3,352,272
535,416
46,268
209,441
242,741
157,175
8,336,856

-

3,793,543
3,352,272
535,416
46,268
209,441
242,741
157,175
8,336,856

3,882,959

(623,810)

3,259,149

18,591,443
(237,708)
$ 22,236,694

6,709,080
$ 6,085,270

25,300,523
(237,708)
$ 28,321,964

15

CITY OF BULVERDE
BALANCE SHEET - GOVERNMENTAL FUNDS
SEPTEMBER 30, 2025

General
Fund
ASSETS
Cash and Cash Equivalents
$ 1,488,188
Investments
5,707,007
Receivables (net of allowances for uncollectibles):
Property Taxes
62,563
Other Receivables
904,162
Due from Other Funds
298,966
TOTAL ASSETS
$ 8,460,886
LIABILITIES, DEFERRED INFLOWS OF
RESOURCES & FUND BALANCES
Liabilities:
Accounts Payable
Wages and Salaries Payable
Intergovernmental Payable
Other Current Liabilities
Unearned Revenues
Total Liabilities

$

Deferred Inflows of Resources:
Unavailable Property Tax Revenue
Total Deferred Inflows of Resources

Total
Governmental
Funds

$

567,049
624,604

$ 2,055,237
6,331,611

48,444
$ 1,240,097

62,563
952,606
298,966
$ 9,700,983

$

$

48,277
48,277

295,435
129,883
22,448
115,825
217,935
781,526

62,563
62,563

-

62,563
62,563

7,665,074
7,665,074

69,426
82,407
136,227
314,480
17,644
84,702
45,097
441,837
1,191,820

69,426
82,407
136,227
314,480
17,644
84,702
45,097
441,837
7,665,074
8,856,894

$ 8,460,886

$ 1,240,097

$ 9,700,983

Fund Balances:
Restricted for:
Police Seizure
Hotel/Motel
Child Safety
Building Security and Technology
Local Youth Diversion
Tree Preservation
Police Training & Donations
Drainage
Unassigned
Total Fund Balances
TOTAL LIABILITIES,
DEFERRED INFLOWS OF
RESOURCES & FUND BALANCES

247,158
129,883
22,448
115,825
217,935
733,249

Nonmajor
Governmental
Funds

See accompanying notes to basic financial statements.
16

CITY OF BULVERDE
RECONCILIATION OF THE GOVERNMENTAL FUNDS
BALANCE SHEET TO THE STATEMENT OF NET POSITION
SEPTEMBER 30, 2025

TOTAL FUND BALANCE - TOTAL GOVERNMENTAL FUNDS

$ 8,856,894

Amounts reported for governmental activities in the Statement of
Net Position are different because:
Capital Assets used in governmental activities are not financial
resources and, therefore, are not reported in the funds.

13,864,200

Other long-term assets are not available to pay for current-period
expenditures and, therefore, are unavailable in the funds.

62,563

Net Pension liabilities (and related deferred outflows and inflows
of resources) do not provide current financial resources and
are not reported in the funds.
Net Pension Liability
Pension Related Deferred Outflows
Pension Related Deferred Inflows

(237,033)
272,383
(64,567)

(29,217)

OPEB Liabilities (and related deferred inflows and outflows of
resources) do not consume current financial resources and are not
reported in the governmental funds
OPEB Liability
OPEB Related Deferred Outflows
OPEB Related Deferred Inflows

(89,947)
5,610
(17,919)

(102,256)

Accrued compensated absences are not due and payable in the
current period and, therefore, not reported in the funds.

(415,490)

TOTAL NET POSITION - GOVERNMENTAL ACTIVITIES

$ 22,236,694

See accompanying notes to basic financial statements.
17

CITY OF BULVERDE
STATEMENT OF REVENUES, EXPENDITURES
AND CHANGES IN FUND BALANCES – GOVERNMENTAL FUNDS
FOR THE YEAR ENDED SEPTEMBER 30, 2025
Nonmajor
Governmental
Funds

Total
Governmental
Funds

$

209,441
13,256
50,495
10,200
30,539
20,474
334,405

$ 3,777,700
3,352,272
535,416
46,268
209,441
1,121,820
825,104
911,651
242,741
142,050
11,164,463

671,282
17,494
314,869
509,430
2,665,567
44,840
455,175
162,889
428,324
882,790
2,130,677
8,283,337

60,028
7,123
209,465
85,984
362,600

671,282
17,494
374,897
509,430
2,672,690
44,840
455,175
162,889
428,324
882,790
209,465
2,216,661
8,645,937

2,546,721

(28,195)

2,518,526

General
Fund
REVENUES
Ad Valorem Taxes
Sales Taxes
Franchise Fees
Mixed Beverage Taxes
Hotel/Motel Tax
Intergovernmental Revenues and Grants
Fines and Penalties
Charges for Services
Interest Income
Miscellaneous
TOTAL REVENUES

$ 3,777,700
3,352,272
535,416
46,268
1,108,564
774,609
901,451
212,202
121,576
10,830,058

EXPENDITURES
Current:
General and Administrative
Mayor and Council
Municipal Court
Non-Departmental Functions
Public Safety
Code Compliance
Public Works
Parks and Recreation
Planning and Development
Professional Services
Culture and Recreation
Capital Outlay
TOTAL EXPENDITURES
Excess (Deficiency) of Revenues
Over (Under) Expenditures
OTHER FINANCING
SOURCES (USES)
Proceeds from Sale of Capital Assets
Transfers In (Out)
TOTAL OTHER FINANCING
SOURCES (USES)

15,125
(4,386)

4,386

15,125
-

10,739

4,386

15,125

Net Change in Fund Balance

2,557,460

(23,809)

2,533,651

Fund Balances at Beginning of Year

5,107,614

1,215,629

6,323,243

$ 7,665,074

$ 1,191,820

$ 8,856,894

Fund Balances at End of Year

See accompanying notes to basic financial statements.
18

CITY OF BULVERDE
RECONCILIATION OF THE STATEMENT OF REVENUES,
EXPENDITURES, AND CHANGES IN FUND BALANCES OF
GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE YEAR ENDED SEPTEMBER 30, 2025

NET CHANGE IN FUND BALANCES - GOVERNMENTAL FUNDS

$ 2,533,651

Amounts reported for governmental activities in the Statement
of Activities are different because:
Governmental funds report capital outlays as expenditures. However,
in the statement of activities the cost of those assets is allocated over
their estimated useful lives and reported as depreciation expense.
Capital Outlay
Depreciation Expense

2,077,749
(691,096)

1,386,653

Revenues in the Statement of Revenues that provided current
financial resources are not reported as revenues in the activities.

15,843

Governmental funds report required contributions to employee
pensions as expenditures. However, in the Statement of Activities
the cost of the pension is recorded based on the actuarially
determined cost of the plan. This is the amount that actuarially
determined pension expense exceeded contributions.

(42,248)

Governmental funds report required contributions to OPEB as
expenditures. However, in the Statement of Activities the cost of
the expense is recorded based on the actuarially determined cost of
the plan. This is the amount that actuarially determined OPEB
expense exceeded contributions.

(6,897)

Compensated absences expenses reported in the Statement of
Activities do not require the use of current financial resources
and, therefore, are not reported as expenditures in governmental funds.

(4,043)

CHANGE IN NET POSITION - GOVERNMENTAL ACTIVITIES

See accompanying notes to basic financial statements.
19

$ 3,882,959

CITY OF BULVERDE
STATEMENT OF NET POSITION – PROPRIETARY FUND
SEPTEMBER 30, 2025

Business-Type
Activities
Wastewater
Treatment
ASSETS
Current Assets:
Cash and Cash Equivalents
Accounts Receivable (net of allowance for uncollectible)
Capital Assets:
Land
Buildings and Improvements
Accumulated Depreciation
TOTAL ASSETS

$

97,949
286,625
9,153,971
(3,102,179)
6,436,366

LIABILITIES
Accounts Payable
Due to Other Funds

52,130
298,966

TOTAL LIABILITIES

351,096

NET POSITION
Net Investment in Capital Assets
Unrestricted (Deficit)

6,338,417
(253,147)

TOTAL NET POSITION

$ 6,085,270

See accompanying notes to basic financial statements.
20

CITY OF BULVERDE
STATEMENT OF REVENUES, EXPENSES, AND
CHANGES IN NET POSITION – PROPRIETARY FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2025

Business-Type
Activities
Wastewater
Treatment
OPERATING REVENUES
Charges for Services
TOTAL OPERATING REVENUES
OPERATING EXPENSES
Contractual Services
Depreciation
TOTAL OPERATING EXPENSES

$

486,414
486,414

805,092
305,132
1,110,224

NET INCOME (LOSS)

(623,810)

Net Position at Beginning of Year

6,709,080

Net Position at End of Year

$ 6,085,270

See accompanying notes to basic financial statements.
21

CITY OF BULVERDE
STATEMENT OF CASH FLOWS – PROPRIETARY FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2025

Business-Type
Activities
Wastewater
Treatment
Cash Flows From Operating Activities
Cash Received From Customers
Cash Paid to Suppliers for Goods & Services
Net Cash Provided (Used) by Operating Activities

$

612,939
(757,208)
(144,269)

Cash Flows From Noncapital Financing Activities:
Interfund Payables (Receivables)
Net Cash Provided (Used by Noncapital Financing
Activities

144,269

Net Increase (Decrease) in Cash and Investments

-

144,269

Cash and Investments at Beginning of Year
Cash and Investments at End of Year
Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:
Operating Income
Adjustments to Reconcile Operating
Income to Net Cash Provided
(Used) by Operating Activities:
Depreciation
(Increase) Decrease in
Operating Assets:
Accounts Receivable
Increase (Decrease) in
Accounts Payable
Total Adjustments to Reconcile
Operating Activities
Net Cash Provided (Used) by Operating Activities

See accompanying notes to basic financial statements.
22

$

-

$

(623,810)

305,132

126,525
47,884
479,541
$

(144,269)

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS
SEPTEMBER 30, 2025
NOTE A -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The financial statements of the City of Bulverde (“City”) are presented in accordance with generally
accepted accounting principles (GAAP) as applied to state and local governmental units. The
Governmental Accounting Standards Board (GASB) is the accepted standard setting body for establishing
governmental accounting and financial reporting principles.
1.

REPORTING ENTITY
In evaluating how to define the government for financial 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 Statement 14. The definition of the
reporting entity is based primarily on the concept of financial accountability. A primary
government is financially accountable for the organizations that make up its legal entity. It is also
financially accountable for legally separate organizations if its officials appoint a voting majority
of an organization’s governing body and either it is able to impose its will on that organization or
there is a potential for the organization to provide specific financial benefits to, or to impose
specific financial burdens on, the primary government. Based on the foregoing criteria, there
were no component units identified that would require inclusion in this report.

2.

GOVERNMENT-WIDE AND FUND FINANCIAL STATEMENTS
The government-wide financial statements include the statement of net position and the
statement of activities. Government-wide statements report information on all of the activities of
the City. The effect of interfund transfers has been removed from the government-wide
statements but continues to be reflected on the fund statements. Governmental activities are
supported mainly by taxes and intergovernmental revenues. Business-type activities are financed
in whole or in part by fees charged to external parties for goods and services.
The statement of activities reflects the degree to which the direct expenses of a given function or
segments are offset by program revenues. Direct expenses are those that are clearly identifiable
with a specific function. Program revenues include 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 or segment. Taxes and other items not properly included in
program revenues are reported as general revenues.
Separate fund financial statements are provided for governmental funds which meet the criteria
as major governmental fund. The general fund is the only major fund of the City.

23

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE A -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
3.

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. This measurement focus is also used for
the proprietary fund financial statements. Revenues are recorded when earned and expenses are
recorded when a liability is incurred, regardless of the timing of related cash flows. Revenue
types which have been accrued consist of revenue from the investments, intergovernmental
revenue and charges for services. Grants are recognized as revenue when all applicable eligibility
requirements imposed by the provider are met.
Revenues are classified as program revenues and general revenues. Program revenues include
1) charges to customers or applicants for goods, services, or privileges provided, 2) operating
grants and contributions, and 3) capital grants and contributions. General revenues include all
taxes, grants not restricted to specific programs, investment earnings, and other miscellaneous
revenues.
Governmental fund level financial statements are reported using current financial resources
measurement focus and the modified accrual basis of accounting. Revenues are recognized as
soon as they are both measurable and available. Revenues are considered available when they are
collectible within the current period or soon enough thereafter to pay liabilities of the current
period. Measurable and available revenues include revenues expected to be received within 60
days after the fiscal year ends. Receivables which are measurable but not collectible within 60
days after the end of the fiscal period are reported as unavailable revenue.
Expenditures generally are recorded when a fund liability is incurred; however, debt service
expenditures, as well as expenditures related to compensated absences and claims and judgments,
are recorded only when the liability has matured and payment is due.
The government reports the following major governmental fund:
The General Fund is the general operating fund of the City and is always classified as a major
fund. The General Fund is used to account for all financial resources except those required to be
accounted for in another fund. Major revenue sources include property taxes, charges for services,
intergovernmental revenues and investment of idle funds. Primary expenditures are for general
administration, public safety, public service and capital acquisition.
The City has several nonmajor special revenue funds.
Proprietary fund level financial statements are used to account for activities, which are similar
to those often found in the private sector. The measurement focus is upon determination of net
income, financial position and cash flows. The City’s Proprietary Fund is the Wastewater
Treatment Fund (used to account for the provision of wastewater services to residents).

24

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE A -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
4.

CASH AND CASH EQUIVALENTS
Cash and cash equivalents include cash deposits and investments with a maturity date within
three (3) months of the date acquired by the City.

5.

INVESTMENTS
State statutes authorize the City to invest in (a) obligations of the United States or its agencies and
instrumentalities; (b) direct obligations of the State of Texas or its agencies; (c) other obligations,
the principal and interest of which are unconditionally guaranteed or insured by the State of
Texas or the United States; (d) obligations of states, agencies, counties, cities, and other political
subdivisions of any state having been rated as to investment quality by a nationally recognized
investment rating firm and having received a rating of not less than AAA or its equivalent; (e)
certificates of deposit by state and national banks domiciled in this state that are (i) guaranteed or
insured by the Federal Deposit Insurance Corporation, or its successor; or, (ii) secured by
obligations that are described by (a) - (e). Statutes also allow investing in local government
investment pools organized and rated in accordance with the Interlocal Cooperation Act, whose
assets consist exclusively of the obligations of the United States or its agencies and
instrumentalities and repurchase assessments involving those same obligations. The City has all
its monies in interest bearing checking accounts, savings accounts, government investment pools,
and certificates of deposit. Earnings from these investments are added to each account monthly
or quarterly. Investments are carried at fair market value except for certificates of deposit which
are carried at amortized cost.
The City reports investments at fair value based on the hierarchy established by generally
accepted accounting principles. The fair value hierarchy, which has three levels, is based on the
valuation inputs used to measure an asset’s fair value: Level 1 inputs are quoted prices in active
markets for identical assets; Level 2 inputs are significant other observable inputs; Level 3 inputs
are significant unobservable inputs.
The City’s investments in Pools are reported at an amount determined by the fair value per share
of the pool’s underlying portfolio, unless the pool maintains a consistent net asset value per share
that approximates the fair value of the underlying securities. These investments are reported at
net asset value.

6.

ACCOUNTS RECEIVABLE
Property taxes are levied based on taxable value at January 1 prior to September 30 and become
due October 1 and past due after the following January 31. Accordingly, receivables and
revenues for property taxes are reflected on the government-wide statement based on the full
accrual method of accounting. Management has estimated that all past due property tax
receivables are collectible, and thus, the allowance is zero as of September 30, 2025.

25

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE A -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
6.

ACCOUNTS RECEIVABLE (Continued)
Accounts receivable from other governments include amounts due from grantors for approved
grants for specific programs and reimbursements for services performed by the City. Program
grants are recorded as receivables and revenues at the time all eligibility requirements established
by the provider have been met.

7.

SHORT-TERM INTERFUND RECEIVABLES/PAYABLES
During the course of operations, numerous transactions occur between individual funds for goods
provided or services rendered. These receivables and payables are classified as “due from other
funds” or “due to other funds” on the fund statements.

8.

CAPITAL ASSETS
Capital assets, which include land, buildings and improvements, equipment, and infrastructure
assets, are reported in the applicable governmental or business type activities column in the
government-wide financial statements. Capital assets such as equipment are defined as assets
with an estimated useful life in excess of two years and an individual cost greater than $5,000.
Infrastructure assets include City-owned streets, sewer, sidewalks, curbs and bridges. Capital
assets are recorded at historical costs if purchased or constructed. Donated capital assets are
recorded at estimated fair market value at the date of donation.
The costs of normal maintenance and repairs that do not add to the value of the asset or materially
extend asset lives are not capitalized. Interest has not been capitalized during the construction
period on property plant and equipment.
Capital assets are depreciated using the straight-line method over the following estimated useful
lives:

Asset
Buildings and Improvements
Vehicles and Equipment
Streets and Infrastructure
Signs
9.

Estimated Life
10 to 50 years
5 to 7 years
20 years
10 years

COMPENSATED ABSENCES
The City’s employees earn vacation and sick leave which may either be taken or accumulated, up
to certain amounts. Only unused vacation will be paid upon resignation or retirement. Only
accumulated compensated absences that are expected to be liquidated with expendable available
resources are reported as an expenditure and fund liability of the governmental funds. Amounts
vested or accumulated compensated absences that are more likely than not expected to be taken
as time off or paid upon termination are reported in the government wide and proprietary
statements as they accrue to the employee. The City uses the first in first out flows assumption in
determining the liability for accrued compensated absences.

26

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE A -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
10.

DEFERRED INFLOWS AND OUTFLOWS OF RESOURCES
In addition to assets, the statement of financial position 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 future period(s) and so will
not be recognized as an outflow of resources (expense/expenditure) until then. The City currently
has pension and OPEB related deferred outflows of resources. The deferred pension and OPEB
related outflows result from contributions made after the measurement date and changes in
assumptions.
Deferred inflows of resources represent an acquisition of net position that applies to a future
period and so will not be recognized as an inflow of resource (revenue) until that time.
Unavailable revenue is reported only in the governmental funds balance sheet under a modified
accrual basis of accounting. Unavailable revenues from property tax are deferred and recognized
as an inflow of resource in the period the amounts become available. Available means due, or
past due, and receivable within the current period or expected to be collected soon enough
thereafter to be used to pay liabilities of the current period. The deferred pension related inflows
result from differences between expected and actual experiences and differences between
expected and actual investment return.

11.

UNEARNED REVENUE
Unearned revenues arise when assets are recognized before revenue recognition criteria have
been satisfied. Developer platting and grant funds received in advance of expenses/expenditures
are reflected as unearned revenue.

12.

LONG-TERM OBLIGATIONS
In the government-wide financial statements, long-term debt and other long-term obligations are
reported as liabilities under governmental activities statement of net position. On new bond
issues, bond premiums and discounts are amortized over the life of the discount.
In the fund financial statements, governmental fund types recognize bond premiums and
discounts, as well as bond issuance costs during the current period. The face amount of debt
issued is reported as other financing sources. Premiums received on debt issuances are reported
as other financing sources while discounts on debt issuances are reported as other financing uses.
Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as
debt service expenditures.

13.

PENSIONS
The net pension liability (asset), deferred inflows and outflows of resources related to pensions,
and pension expense, information about the fiduciary net position of the Texas Municipal
Retirement System (TMRS), and additions to and deductions from TMRS’s fiduciary net position
have been determined on the same basis as they are reported by TMRS. For this purpose, benefit
payments (including refunds of employee contributions) are recognized when due and payable in
accordance with the benefit terms. Investments are reported at fair value.

27

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE A -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
14. OPEB LIABILITY
For purposes of measuring the OPEB liability, deferred outflows of resources and deferred
inflows of resources related to OPEB, and OPEB expense, information about the Total OPEB
Liability of the Texas Municipal Retirement System (TMRS) and additions to/deductions from
TMRS’ Total OPEB Liability have been determined on the same basis as they are reported by
TMRS. For this purpose, plan contributions are recognized in the period that compensation is
reported for the employee, which is when contributions are legally due. Benefit payments and
refunds are recognized when due and payable in accordance with the benefit terms.
15.

FUND EQUITY
Fund balances in governmental funds are classified as follows:
Nonspendable – Represents amounts that cannot be spent because they are either not in spendable
form (such as inventory or prepaid items) or legally required to remain intact.
Restricted – Represents amounts that are constrained by external parties, constitutional provisions
or enabling legislation.
Committed – Represents amounts that can be used only for the specific purposes determined by a
formal action of the government’s highest level of decision-making authority. The governing
council is the highest level of decision-making authority for the government that can, by adoption
of an ordinance prior to the end of the fiscal year, commit fund balance. Once adopted, the
limitation imposed by the ordinance remains in place until a similar action is taken (the adoption
of another ordinance) to remove or revise the limitation.
Assigned – Represents amounts which the City intends to use for a specific purpose but do not
meet the criteria of restricted or committed. The City Council is the only entity that may make
assignments at this time as the Council has not designated any other individuals with the authority
to make assignments.
Unassigned – Represents the residual balance that may be spent on any other purpose of the City.
When an expenditure is incurred for a purpose in which multiple classifications are available, the
City considers restricted balances spent first, committed second and assigned third.

16.

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 legislation adopted by the City or
through external restrictions imposed by creditors, grantors, or laws or regulations of other
governments.

28

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE A -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
17.

USE OF ESTIMATES
The preparation of financial statements in conformity with generally accepted accounting
principles requires management to make estimates and assumptions that affect the reported
amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of
the financial statements and the reported amounts of revenues and expenses during the reporting
period. Actual results could differ from those estimates.

NOTE B -- CASH AND CASH EQUIVALENTS
The City considers all checking and money market accounts as cash and cash equivalents. At year-end,
the carrying amount of the City’s deposits with the City’s depository, were $2,054,237 plus $1,000 petty
cash and the bank balance was $2,277,800. Of the bank balance, $250,000 was covered by federal
depository insurance and the City’s depository had pledged securities having a market value of
$3,000,000. Funds were fully insured and collateralized.
NOTE C -- INVESTMENTS
The City is required by Government Code Chapter 2256, The Public Funds Investment Act, to adopt,
implement, and publicize an investment policy. That policy must address the following areas: (1) safety
of principal and liquidity, (2) portfolio diversification, (3) allowable investments, (4) acceptable risk
levels, (5) expected rates of return, (6) maximum allowable stated maturity of portfolio investments,
(7) maximum average dollar-weighted maturity allowed based on the stated maturity date for the
portfolio, (8) investment staff quality and capabilities, and (9) bid solicitation preferences for certificates
of deposit.
The Public Funds Investment Act (“Act”) requires an annual audit of investment practices. The Act
requires that the Council review the investment policy at least annually, investment officers obtain
minimum investment training, and investment officers sign quarterly investment reports submitted to
Council. Audit procedures in this area, conducted as a part of the audit of the basic financial statements,
disclosed that the City complied with all provisions of the Act.
The Act determines the types of investments which are allowable for the City. These include, with
certain restrictions, 1) obligations of the U.S. Treasury, U.S. agencies, and the State of Texas,
2) certificates of deposit, 3) certain municipal securities, 4) securities lending program, 5) repurchase
agreements, 6) bankers acceptances, 7) mutual funds, 8) investment pools, 9) guaranteed investment
contracts, and 10) commercial paper.
The City’s investment policy further limits investments to: (1) federally insured bank deposits,
(2) collateralized bank deposits, (3) U.S. Government Treasury bills and notes, including sweep accounts
that invest in them, (4) U.S. Government Agencies, and (5) Public Funds Investment Pools. No other
investments may be made without authorization of City Council.

29

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE C -- INVESTMENTS (Continued)
The City’s investments at September 30, 2025 are as follows:
Weighted Avg

Reported Value
Investment Pools:
Texas Class
Logic
Total Investments

$
$

5,292,547
1,039,064
6,331,611

Maturity (Days)

43
42

Public funds investment pools in Texas (“Pools”) are established under the authority of the Interlocal
Cooperation Act, Chapter 791 of the Texas Government Code, and are subject to the provisions of the
Public Funds Investment Act (the “Act”), Chapter 2256 of the Texas Government Code. In addition to
other provisions of the Act designed to promote liquidity and safety of principal, the Act requires Pools
to: 1) have an advisory board composed of participants in the pool and other persons who do not have a
business relationship with the pool and are qualified to advise the pool; 2) maintain a continuous rating of
no lower than AAA or AAA-m or an equivalent rating by at least one nationally recognized rating
service; and 3) maintain the market value of its underlying investment portfolio within one half of one
percent of the value of its shares.
The City’s investments in Pools are reported at an amount determined by the fair value per share of the
pool’s underlying portfolio, unless the pool is a 2a7-like, in which case they are reported at share value.
A 2a7-like pool is one which is not registered with the Securities and Exchange Commission (“SEC”) as
an investment company, but nevertheless has a policy that it will, and does, operate in a manner consistent
with the SEC’s Rule 2a7 of the Investment Company Act of 1940.
GASB Statement No. 40 requires additional disclosures addressing other common risks of deposits and
investments as follows:
a. Credit Risk
Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its
obligations. The ratings of securities by nationally recognized rating agencies are designed to
give an indication of credit risk. At year end, the City was not significantly exposed to credit
risk.
b. Custodial Credit Risk
Deposits are exposed to custodial credit risk if they are not covered by depository insurance and
the deposits are uncollateralized, collateralized with securities held by the pledging financial
institution, or collateralized with securities held by the pledging financial institution’s trust
department or agent but not in the City’s name.

30

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE C -- INVESTMENTS (Continued)
b. Custodial Credit Risk (Continued)
Investment securities are exposed to custodial credit risk if the securities are uninsured, are not
registered in the name of the government, and are held by either the counterparty or the
counterparty’s trust department or agent but not in the City’s name. At year end, the City was not
significantly exposed to custodial credit risk.
c. Concentration of Credit Risk
The risk is the risk of loss attributed to the magnitude of a government’s investment in a single
issuer. At year end, the City was not exposed to a concentration of credit risk.
d. Interest Rate Risk
This is the risk that changes in interest rates will adversely affect the fair value of an investment.
At year-end, the City was not exposed to interest rate risk.
e. Foreign Currency Risk
This is the risk that exchange rates will adversely affect the fair value of an investment. At year
end, the City was not exposed to foreign currency risk.
NOTE D -- PROPERTY TAX CALENDAR
The City’s property tax is levied and becomes collectible each October 1 based on the assessed values
listed as of the prior January 1, which is the date a lien attaches to all taxable property in the City.
Assessed values are established by the Comal County Appraisal District at 100% of estimated market
value. Assessed values are reduced by lawful exemptions to arrive at taxable values. A revaluation of all
property is required to be completed every four (4) years. The freeze adjusted taxable value as of January
1, 2024, upon which the fiscal 2025 levy was based, was $1,405,413,816 (i.e., market value less
exemptions). The estimated market value was $2,184,976,536, making the taxable value 64.0% of the
estimated market value.
The City is permitted by the Constitution of the State of Texas to levy taxes up to $2.50 per $100 of
taxable assessed valuation for all governmental purposes. Pursuant to a decision of the Attorney General
of the State of Texas, up to $1.50 per $100 of assessed valuation may be used for the payment of longterm debt. The tax rate to finance general governmental services for the year ended September 30, 2025,
was $0.197090 per $100 of assessed value, which means that the City has a tax margin of $2.30291 for
each $100 value and could increase its annual tax levy by approximately $32,365,415 based upon the
present assessed valuation before the limit is reached. However, the City generally may not increase the
maintenance and operations potion of the property tax rate (that funds the General Fund) more than 3.5%
annually (based on a three-year average) without an election.

31

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE E -- OTHER RECEIVABLES
Other receivables for the City as of September 30, 2025 are as follows:
Governmental Funds
Nonmajor
General Fund
Funds

Proprietary Fund
Wastewater
Treatment

Total

Sales Tax
Franchise Taxes
Hotel/Motel Tax
Miscellaneous

$

589,500
128,605
186,057

$

48,444
-

$

403,979

$

589,500
128,605
48,444
590,036

Total Other Receivables

$

904,162

$

48,444

$

403,979

$ 1,356,585

NOTE F -- DUE TO/FROM OTHER FUNDS
As of September 30, 2025, interfund receivables and payables that resulted from various interfund
transactions were as follows:
Due To
General Fund

Amount

Due From
Wastewater Treatment Fund

$
$

298,966
298,966

Reason/Intent
Reimbursement of Expenses

NOTE G -- TRANSFERS BETWEEN FUNDS
Transfers between funds during the year ended September 30, 2025 were as follows:
Transfer In
Nonmajor Governmental Funds

Transfer Out

Amount

General Fund

$
$

32

4,386
4,386

Purpose
Transfer use of restricted funds

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE H -- CAPITAL ASSETS
Capital asset activity for the year ended September 30, 2025, was as follows:

Balance
10/1/2024

Governmental Activities
Land
Buildings and Improvements
Vehicles and Equipment
Infrastructure
Signs
Construction in Progress

$ 1,590,074
8,338,341
2,171,982
4,677,345
25,225
964,477
17,767,444

Less Accumulated Depreciation
Buildings and Improvements
Vehicles and Equipment
Infrastructure
Signs

Governmental Capital Assets, Net

Additions

Disposals/
Transfers

Balance
9/30/2025

$

$

303,217
(74,191)
2,212,289
(2,515,506)
(74,191)

$ 1,590,074
8,805,046
2,461,023
6,889,634
25,225
19,771,002

74,191
74,191

(1,181,627)
(1,593,734)
(3,110,419)
(21,022)
(5,906,802)

163,488
363,232
1,551,029
2,077,749

(1,004,685)
(1,458,932)
(2,807,779)
(18,501)
(5,289,897)

(176,942)
(208,993)
(302,640)
(2,521)
(691,096)

$ 12,477,547

$ 1,386,653

$

-

$ 13,864,200

$

$

$

-

$

Business Type Activities
Land
Buildings and Improvements

Less Accumulated Depreciation
Buildings and Improvements

Business Type Capital Assets, Net

286,625
9,153,971
9,440,596

-

(2,797,047)
(2,797,047)

(305,132)
(305,132)

$ 6,643,549

$ (305,132)

Land and construction in progress are not depreciated.

33

$

286,625
9,153,971
9,440,596

-

(3,102,179)
(3,102,179)

-

$ 6,338,417

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE H -- CAPITAL ASSETS (Continued)
Depreciation expense was charged to the governmental functions as follows:

General & Administrative
$ 35,932
Public Safety
321,217
Public Works
270,680
Parks and Recreation
63,267
Total Depreciation Expense - Governmental Activities $ 691,096
NOTE I -- LONG-TERM OBLIGATIONS
The changes in long-term obligations during the year are summarized as follows:

Governmental Activities

Balance
10/1/2024

Additions

Reductions

Balance
9/30/2025

Due Within
One Year

Compensated Absences

$ 173,739

$ 415,490

$ (173,739)

$ 415,490

$ 415,490

Historically, the General Fund has been used to pay for accrued compensated absences. Because of the
on-demand nature of compensated absences, the City reports the liability for accrued compensated
absences as a current liability on the Statement of Net Position.
NOTE J -- EMPLOYEES’ RETIREMENT SYSTEMS
Texas Municipal Retirement System
1. Plan Description
The City participates as one of 938 plans in the nontraditional, joint contributory, hybrid defined
benefit pension plan administered by the Texas Municipal Retirement System (TMRS). TMRS is
an agency created by the state of Texas and administered in accordance with the TMRS Act,
Subtitle G, Title 8, Texas Government Code (the TMRS Act) as an agent multiple-employer
retirement system for municipal employees in the State of Texas. The TMRS Act places the
general administration and management of the system with a six-member, Governor-appointed
Board of Trustees; however, TMRS is not fiscally dependent on the State of Texas. TMRS issues
a publicly available annual comprehensive financial report (ACFR) that can be obtained at
www.tmrs.com. All eligible employees of the City are required to participate in TMRS.
2. Benefits Provided
TMRS provides retirement, disability, and death benefits. Benefit provisions are adopted by the
governing body of the City, within the options available in the state statutes governing TMRS.

34

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE J -- EMPLOYEES’ RETIREMENT SYSTEMS (Continued)
Texas Municipal Retirement System (Continued)
2. Benefits Provided (Continued)
At retirement, the benefit is calculated as if the sum of the employee’s contributions, with
interest, and the City-financed monetary credits with interest were used to purchase an annuity.
Members may choose to receive their retirement benefit in one of seven payment options.
Members may also choose to receive a portion of their benefit as a Partial Lump Sum Distribution
in an amount equal to 12, 24, or 36 monthly payments, which cannot exceed 75% of the
member’s deposits and interest.
At the December 31, 2024 valuation and measurement date, the following employees were
covered by the benefit terms:
Inactive Employees or Beneficiaries Currently Receiving Benefits

17

Inactive Employees Entitled to but Not Yet Receiving Benefits

43

Active Employees

38
98

3. Contributions
The contribution rates for employees in TMRS are either 5%, 6%, or 7% of employee gross
earnings, and the City matching percentages are either 100%, 150%, or 200%, both as adopted by
the governing body of the City. Under the state law governing TMRS, the contribution rate for
each city is determined annually by the actuary, using the Entry Age Normal (EAN) actuarial cost
method. The actuarially determined rate is the estimated amount necessary to finance the cost of
benefits earned by employees during the year, with an additional amount to finance any unfunded
accrued liability.
For the year ending September 30, 2025, employees for the City were required to contribute 6%
of their annual gross earnings during the fiscal year. The required contribution rates for the City
were 9.07% and 8.70% in calendar years 2024 and 2025, respectively. The City’s contributions
to TMRS for the year ended September 30, 2025 were $251,099, and were equal to the required
contributions.
4. Net Pension Liability
The City’s Net Pension Liability (NPL) or Asset was measured as of December 31, 2024, and the
Total Pension Liability (TPL) used to calculate the Net Pension Liability was determined by an
actuarial valuation as of that date.

35

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE J -- EMPLOYEES’ RETIREMENT SYSTEMS (Continued)
Texas Municipal Retirement System (Continued)
5. Actuarial Assumptions
The Total Pension Liability in the December 31, 2024 actuarial valuation was determined using
the following actuarial assumptions:

Inflation
Salary Increases
Investment Rate of Return*

2.50% per year
2.75% per year
6.75%

* Presented net of pension plan investment expense, including inflation
Salary increases were based on a service-related table. Mortality rates for active members are
based on the PUB(10) mortality tables with 110% of the Public Safety table used for males and
100% of the General Employee table used for females. Mortality rates for healthy retirees and
beneficiaries are based on the Gender-distinct 2019 Municipal Retirees of Texas mortality tables.
Male rates are multiplied by 103% and female rates are multiplied by 105%. The rates for
actives, healthy retirees and beneficiaries are projected on a fully generational basis by the most
recent Scale MP-2021 to account for future mortality improvements. For disabled annuitants, the
same mortality tables for healthy retirees are used with a 4-year set-forward for males and a 3year set-forward for females. In addition, a 3.5% and 3.0% minimum mortality rate is applied, for
males and females respectively, to reflect the impairment for younger members who become
disabled. The rates are projected on a fully generational basis by the most recent Scale MP2021 to
account for future mortality improvements subject to the 3% floor.
The actuarial assumptions were developed primarily from the actuarial investigation of the
experience of TMRS over the four-year period from December 31, 2018 to December 31, 2022.
They were adopted in 2023 and first used in the December 31, 2023 actuarial valuation. The postretirement mortality assumption for Annuity Purchase Rates (APRs) is based on the Mortality
Experience Investigation Study covering 2009 through 2011 and dated December 31, 2013. Plan
assets are managed on a total return basis with an emphasis on both capital appreciation as well as
the production of income in order to satisfy the short-term and long-term funding needs of
TMRS.
The long-term expected rate of return on pension plan investments was determined using a
building-block method in which best estimate ranges of expected future real rates of return
(expected returns, net of pension plan investment expense and inflation) are developed for each
major asset class. These ranges are combined to produce the long-term expected rate of return by
weighting the expected future real rates of return by the target asset allocation percentage and by
adding expected inflation. In determining their best estimate of a recommended investment
return assumption under the various alternative asset allocation portfolios, GRS focused on the
area between (1) arithmetic mean (aggressive) without an adjustment for time (conservative) and
(2) the geometric mean (conservative) with an adjustment for time (aggressive).

36

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE J -- EMPLOYEES’ RETIREMENT SYSTEMS (Continued)
Texas Municipal Retirement System (Continued)
5. Actuarial Assumptions (Continued)
The target allocation and best estimates of arithmetic real rates of return for each major asset class
are summarized in the following table:

Asset Class
Global Equity
Core Fixed Income
Non-Core Fixed Income
Hedge Funds
Private Debt
Private Equity
Real Estate
Infrastructure
Other Private Markets

Target Allocation
35.00%
6.00%
6.00%
5.00%
13.00%
13.00%
12.00%
6.00%
4.00%
100.00%

Long-Term
Expected Real
Rate of Return
(Arithmetic)
7.10%
5.00%
6.80%
6.40%
8.50%
8.20%
6.70%
6.00%
7.30%

6. Discount Rate
The discount rate used to measure the Total Pension Liability was 6.75%. 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 statute. 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 periods of projected benefit payments to determine
the Total Pension Liability.
7. Discount Rate Sensitivity Analysis
The following presents the net pension liability of the City, calculated using the discount rate of
6.75%, as well as what the City’s net pension liability would be if it were calculated using a
discount rate that is 1-percentage point lower (5.75%) or 1-percentage point higher (7.75%) than
the current rate:

Net Pension Liability (Asset)

Discount Rate
5.75%
$ 1,083,891

37

Discount Rate
6.75%
$
237,033

Discount Rate
7.75%
$
(451,027)

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE J -- EMPLOYEES’ RETIREMENT SYSTEMS (Continued)
Texas Municipal Retirement System (Continued)
8. Changes in Net Pension Liability

Balance at December 31, 2023
Changes for the year:
Service Cost
Interest
Change of Benefit Terms
Difference Between Expected and
Actual Experience
Changes of Assumptions
Contributions - Employer
Contributions - Employee
Net Investment Income
Benefit Payments, Including Refunds
of Employee Contributions
Administrative Expense
Other Changes
Net Changes
Balance at December 31, 2024

Total Pension
Liability
$ 4,704,268

Plan Fiduciary
Net Position
$ 4,407,154

Net Pension
Liability (Asset)
$
297,114

401,332
325,144
-

-

401,332
325,144
-

107,045
-

262,822
173,862
459,923

107,045
(262,822)
(173,862)
(459,923)

(175,962)
657,559

(175,962)
(2,937)
(68)
717,640

2,937
68
(60,081)

$

5,361,827

$

5,124,794

$

237,033

9. Pension Plan Fiduciary Net Position
Detailed information about the pension plan’s Fiduciary Net Position is available in a separately
issued TMRS financial report. That report may be obtained at www.tmrs.com.

38

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE J -- EMPLOYEES’ RETIREMENT SYSTEMS (Continued)
Texas Municipal Retirement System (Continued)
10. Pension Expense and Deferred Outflows/Inflows of Resources Related to Pensions
For the year ended September 30, 2025, the City recognized pension expense of $293,348. Also
as of September 30, 2025, the City reported deferred outflows of resources and deferred inflows
of resources related to pensions from the following sources:

Deferred
Outflows of
Resources
Differences between Expected and
Actual Economic Experience
Changes in Actuarial Assumptions
Differences Between Projected and
Actual Investment Earnings
Contributions Subsequent to the
Measurement Date

$

Deferred
Inflows of
Resources

95,588
-

$

-

$

176,795
272,383

(682)
(63,885)

$

(64,567)

Deferred outflows of resources in the amount of $176,795 is related to pensions resulting from
contributions subsequent to the measurement date, and will be recognized as a reduction of the
net pension liability for the plan year ending December 31, 2025. Other amounts reported as
deferred outflows and inflows of resources related to pensions will be recognized in pension
expense as follows:

For the Plan Year Ended December 31,
2025
$
2026
2027
2028
Thereafter
$

38,359
79,279
(54,132)
(32,485)
31,021

NOTE K -- OTHER POST EMPLOYMENT BENEFIT (OPEB)
The City also participates in the cost sharing multiple-employer defined benefit group-term life insurance
plan operated by the Texas Municipal Retirement System (TMRS) known as the Supplemental Death
Benefits Fund (SDBF). The City elected, by ordinance, to provide group-term life insurance coverage to
both current and retired employees. The City may terminate coverage under and discontinue participation
in the SDBF by adopting an ordinance before November 1 of any year to be effective the following
January 1.
39

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE K -- OTHER POST EMPLOYMENT BENEFIT (OPEB) (Continued)
The death benefit for active employees provides a lump-sum payment approximately equal to the
employee’s annual salary (calculated based on the employee’s annual earnings, for the 12-month period
preceding the month of death); retired employees are insured for $7,500; this coverage is an “other
postemployment benefit,” or OPEB. Membership in the plan at December 31, 2024, the valuation and
measurement date, consisted of:
Inactive Employees or Beneficiaries Currently Receiving Benefits
Inactive Employees Entitled to but Not Yet Receiving Benefits
Active Employees

16
11
38
65

The SDBF required contribution rates, based on these assumptions, are as follows:

For the Calendar Year Ended December 31,
2025
2024

Total SBDF
Contribution Rate
0.19%
0.24%

Retiree Portion of
SDBF Contribution Rate
0.05%
0.06%

The City contributes to the SDBF at a contractually required rate as determined by an annual actuarial
valuation. The rate is equal to the cost of providing one-year term life insurance. The funding policy for
the SDBF program is to assure that adequate resources are available to meet all death benefit payments
for the upcoming year; the intent is not to pre-fund retiree term life insurance during employees’ entire
careers. The following key assumptions were used in developing the actuarial valuation:
Inflation
Salary Increases
Discount Rate
Administrative Expenses

2.50%
3.60% to 11.85% Including Inflation
4.08% (Based on Fidelity Index's 20-Year Municipal GO AA Index)
All administrative expenses are paid through the Pension Trust and
accounted for under reporting requirements under GASB Statement
No. 68.
Mortality Rates - Service Retirees 2019 Municipal Retirees of Texas Mortality Tables. Male rates are
multiplied by 103% and female rates are multiplied by 105%. The
rates are projected on a fully generational basis by the most recent
Scale MP-2021 (with immediate convergence).
Mortality Rates - Disabled Retirees 2019 Municipal Retirees of Texas Mortality Tables with a 4 year setforward for males and a 3 year set-forward for females. In
addition, a 3.5% and 3% minimum mortality rate will be applied to
reflect the impairment for younger members who become disabled
for males and females, respectively. The rates are projected on a
fully generational basis by the most recent Scale MP-2021 (with
immediate convergence) to account for the future mortality
improvements subject to the floor.

40

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE K -- OTHER POST EMPLOYMENT BENEFIT (OPEB) (Continued)
The City’s Total OPEB Liability (TOL), based on the actuarial factors, as of December 31, 2024 was
calculated as follows:
Total OPEB
Liability
Balance at December 31, 2023
$
85,671
Changes for the year:
Service Cost
5,795
Interest
3,306
Change of Benefit Terms
Difference Between Expected and
Actual Experience
2,703
Changes of Assumptions or Other Inputs
(5,789)
Benefit Payments
(1,739)
Net Changes
4,276
Balance at December 31, 2024

$

89,947

There is no separate trust maintained to fund this Total OPEB Liability. No assets are accumulated in a
trust that meets the criteria in paragraph 4 of GASB Statement No. 75 to pay related benefits.
The following presents the TOL of the City, calculated using the discount rate of 4.08% as well as what
the City’s TOL would be if it were calculated using a discount rate that is 1-percentage point lower and 1percentage point higher than the current rate:

Total OPEB Liability

Discount Rate
3.08%
$
110,528

Discount Rate
4.08%
$
89,947

Discount Rate
5.08%
$
74,258

For the year ended September 30, 2025, the City recognized OPEB expense of $8,405. Also as of
September 30, 2025, the City reported deferred outflows of resources and deferred inflows of resources
related to OPEB from the following sources:
Deferred
Outflows of
Resources
Differences between Expected and
Actual Economic Experience
Changes in Actuarial Assumptions
Contributions Subsequent to the
Measurement Date

$

$

41

4,594
1,016
5,610

Deferred
Inflows of
Resources
$

$

(17,919)
(17,919)

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE K -- OTHER POST EMPLOYMENT BENEFIT (OPEB) (Continued)
Deferred outflows of resources in the amount of $1,016 is related to OPEB benefits resulting from
contributions subsequent to the measurement date, and will be recognized as a reduction of the total
OPEB liability for the plan year ended December 31, 2025. Other amounts reported as deferred outflows
and inflows of resources related to OPEB will be recognized in OPEB expense as follows:

For the Plan Year Ended December 31,
2025
2026
2027
2028
2029
Thereafter

$

$

(2,114)
(5,725)
(5,897)
702
(291)
(13,325)

NOTE L -- COMMITMENTS AND CONTINGENCIES
Litigation
The City is the subject of various claims and litigation from time to time that arise in the course of its
operations. Management is of the opinion that any proceedings known to exist as of September 30, 2025
are not likely to have a material adverse effect on the City’s financial position.
Risk Management
The City has identified possible risk of losses arising from events such as the following:
1.
2.
3.
4.
5.

Torts.
Theft of, damage to, or destruction of assets.
Errors and omissions.
Job-related illnesses or injuries to employees.
Acts of God.

The City contracts with the Texas Municipal League (TML) to provide insurance coverage for identified
risks. TML is a multi-government group that provides for a combination of modified self-insurance and
stop-loss coverage. Contributions are set annually by TML. Liability by the City is generally limited to
the contributed amounts. Annual contributions for the year ended September 30, 2025, were $94,709.

42

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE L -- COMMITMENTS AND CONTINGENCIES (Continued)
380 Development Agreements
In September 2012, the City of Bulverde entered into a 380 Development agreement to encourage growth
within the City. The agreement involves the City reimbursing the project costs through refunding a
portion of sales and use taxes generated by the projects up to a maximum amount. The City will start
accruing sales tax rebate based on the sales tax collections to date in anticipation of the developer’s
request for payment. The original agreement was amended in December 2014 to include that the
Developer would fund all costs and expenses associated with the construction of the City Wastewater
Improvements and then convey to the City said Wastewater Improvements and related access easements
in accordance the conditions set forth in the Wastewater Service Agreement. The terms of the economic
development reimbursement agreement are as follows:
The City shall pay to the Developer 100% of the City’s share of Sales and Use Tax proceeds
generated with the property until the total amount equals the City Wastewater Improvement costs
plus interest at the rate of 5% per annum. At such time, then the City shall thereafter remit 75%
of all Sales and Use Tax proceeds collected from within the property for the remainder of the 10
year period, and thereafter the payment shall reduce to 50% of all Sales and Use Tax proceeds
generated within the property until the expiration date. The agreement was set for a maximum
grant amount of $10,349,968 and 25 years.
The following table represents the maximum balance due as of September 30, 2025:
Development
Singing Hills
WWTP Improvements

Sales Tax Refund
Agreement
75%
75%

Maximum Grant
Amount (Base)
$ 10,349,968
600,445
$ 10,950,413

Current Year
Reductions
$
315,115
$
315,115

Payments as of
9/30/2025
$ 1,745,714
734,984
$ 2,480,698

Maximum
Balance Due
$ 8,604,254
$ 8,604,254

Wastewater Services Agreement
On February 18, 2015, the City contracted with Guadalupe-Blanco River Authority (GBRA) to operate
the wastewater treatment plant on the City’s behalf. The City will pay GBRA in accordance with the
contract, for the expenses incurred by GBRA in operating and maintaining the City’s system and for
performing billing and collection services, and for, compensation due GBRA for performing those
services. The agreement concluded on August 31, 2018 and was automatically renewed for an additional
seven (7) year term.

43

CITY OF BULVERDE
NOTES TO BASIC FINANCIAL STATEMENTS (CONTINUED)
SEPTEMBER 30, 2025
NOTE M -- TAX ABATEMENT
The City entered into an agreement on June 24, 2016 with a business who constructed a hotel and
conference center. The agreement is a one-time initiative to incentivize the Hotel construct and maintain
a conference center within the City. The agreement is in accordance with Section 351.101(a) of the Texas
Tax Code which provides in pertinent part that revenue from the “municipal hotel occupancy tax may be
used only to promote tourism and the convention and hotel industry, and that use is limited to the
following: (1) the acquisition of sites for and the construction, improvement, enlarging, equipping,
repairing, operation, and maintenance of convention center facilities or visitor information centers, or
both (2) the furnishing of facilities, personnel, and materials for the registration of convention delegates
or registrants; and (3) advertising and conducting solicitations and promotion programs to attract tourist
and convention delegates or registrants to the municipality or its vicinity”. The agreement provides for
the payment of hotel occupancy taxes (HOT) to the Hotel to support the maintenance and operations of
the hotel and conference center. The terms of the agreement call for a payment of $200,000 annually of
HOT revenues collected by the City for a period of no less than ten years or until the Hotel achieves
$2,000,000 in gross room revenues with a maximum period of 10 years. The City is also responsible for
payment of its electrical consumption, certain repairs and replacements, insurance premiums and service
and fees. The City has the option to renew for a period of 3 years after the termination date. The City paid
a total of $209,465 of HOT revenues collected during the year ending September 30, 2025. As of
September 30, 2025, the City has a potential commitment remaining of $618,983.
NOTE N --PRIOR PERIOD ADJUSTMENT/CHANGE IN ACCOUNTING PRINCIPLE
The City implemented GASB Statement 101 related to compensated absences as of October 1, 2024.
Previously, accumulated sick time was not considered as part of the liability for compensated absences.
After implementation, accumulated sick time is included if it is more likely than not to be taken in the
future or paid out on termination. The change resulted in a prior period adjustment to add the liability that
was reported as of September 30, 2024 in the governmental activities for $237,708.

44

REQUIRED SUPPLEMENTARY INFORMATION

Required supplementary information includes financial information and disclosures that are required by
the GASB but are not considered a part of the basic financial statements. Such information includes:


Budgetary Comparison Schedule – General Fund



Notes to Budgetary Comparison Schedule – General Fund



Schedule of Changes – Net Pension Liability and Related Ratios



Schedule of Employer Contributions



Notes to the Schedule of Changes – Net Pension Liability and Related Ratios



Schedule of Changes – Total Other Post-Employment Benefit Liability and Related Ratios

45

CITY OF BULVERDE
REQUIRED SUPPLEMENTARY INFORMATION
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL - GENERAL FUND
FOR THE YEAR ENDED SEPTEMBER 30, 2025

Budget Amounts
Original
Final

Actual
Amounts

Variance
Favorable
(Unfavorable)

REVENUES
Ad Valorem Taxes
Sales Taxes
Franchise Fees
Mixed Beverage Taxes
Intergovernmental Revenue and Grants
Fines and Penalties
Charges for Services
Interest Income
Miscellaneous
TOTAL REVENUES

$ 3,758,700
2,870,000
395,000
30,000
400,000
728,100
852,500
115,000
70,000
9,219,300

$ 3,758,700
2,804,000
395,000
30,000
494,938
728,100
852,500
115,000
75,000
9,253,238

$ 3,777,700
3,352,272
535,416
46,268
1,108,564
774,609
901,451
212,202
121,576
10,830,058

EXPENDITURES
General and Administrative:
Personnel
Supplies
Contractual
Capital Outlay
Total General and Administrative

590,265
6,500
24,500
621,265

631,904
8,548
41,083
5,766
687,301

624,940
6,927
39,415
4,893
676,175

6,964
1,621
1,668
873
11,126

Mayor and Council:
Supplies
Contractual
Total Mayor and Council

1,500
7,000
8,500

8,271
9,229
17,500

8,389
9,105
17,494

(118)
124
6

Municipal Court:
Personnel
Supplies
Contractual
Capital Outlay
Total Municipal Court

221,465
7,000
84,850
313,315

212,478
9,672
115,002
2,400
339,552

206,609
8,731
99,529
123
314,992

5,869
941
15,473
2,277
24,560

Non-Departmental Functions:
Supplies
Contractual
Total Non-Departmental Functions

50,000
443,188
493,188

19,704
548,664
568,368

15,236
494,194
509,430

4,468
54,470
58,938

2,517,409
16,500
228,500
313,500
$ 3,075,909

2,467,144
20,840
321,163
516,071
$ 3,325,218

2,409,131
17,461
238,975
478,544
$ 3,144,111

58,013
3,379
82,188
37,527
$ 181,107

Public Safety:
Personnel
Supplies
Contractual
Capital Outlay
Total Public Safety

46

$

19,000
548,272
140,416
16,268
613,626
46,509
48,951
97,202
46,576
1,576,820

CITY OF BULVERDE
REQUIRED SUPPLEMENTARY INFORMATION
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL - GENERAL FUND (CONTINUED)
FOR THE YEAR ENDED SEPTEMBER 30, 2025

Budget Amounts
Original
Final
EXPENDITURES (CONT.)
Code Compliance:
Personnel
Supplies
Contractual
Capital Outlay
Total Code Compliance

$

75,625
2,000
6,750
1,000
85,375

$

41,571
454
2,815
44,840

Variance
Favorable
(Unfavorable)

Actual
Amounts

$

41,571
454
2,815
44,840

$

-

Public Works:
Personnel
Supplies
Contractual
Capital Outlay
Total Public Works

383,979
5,300
248,700
1,500,000
2,137,979

288,277
4,328
281,166
1,483,669
2,057,440

280,217
3,514
171,444
1,483,629
1,938,804

8,060
814
109,722
40
118,636

Parks and Recreation:
Supplies
Contractual
Capital Outlay
Total Parks and Recreation

5,000
113,000
175,000
293,000

33,000
142,872
175,000
350,872

30,809
132,080
163,488
326,377

2,191
10,792
11,512
24,495

Planning and Development:
Personnel
Supplies
Contractual
Total Planning and Development

343,489
5,500
10,500
359,489

407,997
1,825
20,395
430,217

406,567
2,134
19,623
428,324

1,430
(309)
772
1,893

Visitor Events Center:
Supplies
Contractual
Total Visitor Events Center

1,000
1,000
2,000

1,000
1,000
2,000

-

1,000
1,000
2,000

Professional Services:
Contractual
Total Professional Services

1,340,500
1,340,500

938,098
938,098

882,790
882,790

55,308
55,308

TOTAL EXPENDITURES

$ 8,730,520

$ 8,761,406

$ 8,283,337

$ 478,069

47

CITY OF BULVERDE
REQUIRED SUPPLEMENTARY INFORMATION
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL - GENERAL FUND (CONTINUED)
FOR THE YEAR ENDED SEPTEMBER 30, 2025

Actual
Amounts

Variance
Favorable
(Unfavorable)

491,832

$ 2,546,721

$ 2,054,889

-

-

15,125
(4,386)

15,125
(4,386)

-

-

10,739

10,739

Net Change in Fund Balance

488,780

491,832

2,557,460

2,065,628

Fund Balances at Beginning of Year

5,107,614

5,107,614

5,107,614

-

$ 5,596,394

$ 5,599,446

$ 7,665,074

$ 2,065,628

Budget Amounts
Original
Final
Excess (Deficiency) of Revenues
Over (Under) Expenditures

$ 488,780

OTHER FINANCING
SOURCES (USES)
Proceeds from Sale of Capital Assets
Transfers In (Out)
TOTAL OTHER FINANCING
SOURCES (USES)

Fund Balances at End of Year

48

$

CITY OF BULVERDE
NOTES TO SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE BUDGET AND ACTUAL - GENERAL FUND
SEPTEMBER 30, 2025
Budgetary Information – The budget is prepared in accordance with accounting principles generally
accepted in the United States of America. The City maintains strict budgetary controls. The objective of
these controls is to ensure compliance with legal provision embodied in the annual appropriated budget
approved by the City Council and as such is a good management control device. The General Fund is the
only fund which has a legally adopted annual budget.
Budgetary preparation and control is exercised at the department level. Actual expenditures may not
legally exceed appropriations at the fund level.
Encumbrances represent commitments related to unperformed contracts for goods or services.
Encumbrance accounting, under which purchase orders, contracts and other commitments for the
expenditure of resources are recorded to reserve that portion of the applicable appropriation, is utilized in
the governmental funds. Encumbrances lapse at year-end and do not constitute expenditures or liabilities
because the commitments must be re-appropriated and honored during the subsequent year.

49

CITY OF BULVERDE
REQUIRED SUPPLEMENTARY INFORMATION
SCHEDULE OF CHANGES – NET PENSION LIABILITY AND RELATED RATIOS
LAST TEN CALENDAR YEARS

Total Pension Liability
2015
2016
Service Cost
Interest (on the Total Pension Liability)
Changes of Benefit Terms
Difference between Expected
and Actual Experience
Change of Assumptions
Benefit Payments, Including Refunds of
Employee Contributions
Net Change in Total Pension Liability
Total Pension Liability - Beginning
Total Pension Liability - Ending

2017

2018

$ 158,694
125,684
-

$ 187,381
146,798
-

$ 188,920
168,306
-

$ 199,640
183,838
-

58,422
48,185

33,784
-

(74,631)
-

6,449
-

(26,020)
364,965
1,729,144
$ 2,094,109

(26,020)
341,943
2,094,109
$ 2,436,052

(74,170)
208,425
2,436,052
$ 2,644,477

(41,540)
348,387
2,644,477
$ 2,992,864

2017

2018

Plan Fiduciary Net Position
2015
2016
Contributions - Employer
$ 82,459
Contributions - Employee
71,807
Net Investment Income
2,333
Benefit Payments, Including Refunds of
Employee Contributions
(26,020)
Administrative Expense
(1,420)
Other
(71)
Net Change in Plan Fiduciary Net Position
129,088
Plan Fiduciary Net Position - Beginning
1,580,459
Plan Fiduciary Net Position - Ending
$ 1,709,547

$ 101,969
82,790
115,613

$ 120,798
82,738
275,044

$ 140,766
88,532
(71,568)

(26,020)
(1,305)
(70)
272,977
1,709,547
$ 1,982,524

(74,170)
(1,424)
(72)
402,914
1,982,524
$ 2,385,438

(41,540)
(1,381)
(72)
114,737
2,385,438
$ 2,500,175

Net Pension Liability (Asset) - Ending

$ 384,562

$ 453,528

$ 259,039

$ 492,689

Plan Fiduciary Net Position as a
Percentage of Total Pension Liability

81.64%

81.38%

90.20%

83.54%

$ 1,196,786

$ 1,379,830

$ 1,378,975

$ 1,475,537

32.13%

32.87%

18.78%

33.39%

Covered Payroll
Net Pension Liability as a Percentage
of Covered Payroll

50

2019
$ 227,344
202,708
-

Total Pension Liability
2021
2022

2020
$

246,826
208,761
-

$

261,197
233,110
-

$

285,196
261,804
-

2023
$

329,871
288,652
-

2024
$

401,332
325,144
-

(186,968)
5,036

13,963
-

25,958
-

(33,869)
-

57,723
(1,554)

107,045
-

(206,911)
41,209
2,992,864
$ 3,034,073

(129,474)
340,076
3,034,073
$ 3,374,149

(102,534)
417,731
3,374,149
$ 3,791,880

(111,804)
401,327
3,791,880
$ 4,193,207

(163,631)
511,061
4,193,207
$ 4,704,268

(175,962)
657,559
4,704,268
$ 5,361,827

2019

2020

2023

2024

170,815
102,488
221,682

Plan Fiduciary Net Position
2021
2022

$ 141,724
93,944
387,459

$

(206,911)
(2,184)
(67)
413,965
2,500,175
$ 2,914,140

(129,474)
(1,431)
(55)
364,025
2,914,140
$ 3,278,165

(102,534)
(1,977)
14
600,030
3,278,165
$ 3,878,195

(111,804)
(2,450)
2,924
(89,811)
3,878,195
$ 3,788,384

(163,631)
(2,789)
(20)
618,770
3,788,384
$ 4,407,154

(175,962)
(2,937)
(68)
717,640
4,407,154
$ 5,124,794

$ 119,933

$

$

$

$

$

95,984

$

167,420
108,681
428,426

(86,315)

$

184,827
120,675
(283,983)

404,823

$

206,887
137,925
440,398

297,114

$

262,822
173,862
459,923

237,033

96.05%

97.16%

102.28%

90.35%

93.68%

95.58%

$ 1,565,728

$ 1,708,135

$ 1,811,351

$ 2,011,255

$ 2,298,754

$ 2,897,705

7.66%

5.62%

-4.77%

20.13%

12.93%

8.18%

51

CITY OF BULVERDE
REQUIRED SUPPLEMENTARY INFORMATION
SCHEDULE OF EMPLOYER CONTRIBUTIONS
LAST TEN FISCAL YEARS

Fiscal Year Ending
September 30,
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025

Actuarially
Determined
Contributions

Contributions
in Relation
to the
Actuarially
Determined
Contributions

Contributions
Deficiency
(Excess)

$

$

$

109,144
119,851
137,354
143,299
161,979
168,631
176,830
191,842
257,457
251,099

95,661
112,363
135,546
143,299
161,979
168,631
176,830
191,842
257,457
251,099

13,483
7,488
1,808
-

Covered
Payroll
$

Contributions
as a
Percentage
of Covered
Payroll

1,314,743
1,339,733
1,453,744
1,560,363
1,660,746
1,783,691
1,920,389
2,119,198
2,844,466
2,851,381

NOTES TO SCHEDULE OF EMPLOYER CONTRIBUTIONS
Valuation Date:
Actuarially determined contribution rates are calculated as of December 31 and become effective in
January, thirteen (13) months later.
Methods and Assumptions Used to Determine Contribution Rates:
Actuarial Cost Method
Entry Age Normal
Amortization Method
Level Percentage of Payroll, Closed
Remaining Amortization Period
21 Years
Asset Valuation Method
10 Year Smoothed Market; 12% Soft Corridor
Inflation
2.50%
Salary Increases
3.60% to 11.85% including Inflation
Investment Rate of Return
6.75%
Retirement Age
Experience-based table of rates that are specific to the City's
plan of benefits. Last updated for the 2023 valuation pursuant to
an experience study of the period ending 2022.
Mortality
Post-retirement: 2019 Municipal Retirees of Texas Mortality
Tables. Male rates are multiplied by 103% and female rates are
multiplied by 105%. The rates are projected on a fully
generational basis by the most recent Scale MP-2021 (with
immediate convergence). Pre-retirement: PUB(10) mortality
tables, with 110% of the Public Safety table used for males and
100% of the General Employee table used for females. The
rates are projected on a fully generational basis by the most
recent Scale MP-2021 (with immediate convergence).
Other Information:
Notes
There were no benefit changes during the year.

52

7.28%
8.39%
9.32%
9.18%
9.75%
9.45%
9.21%
9.05%
9.05%
8.81%

CITY OF BULVERDE
REQUIRED SUPPLEMENTARY INFORMATION
SCHEDULE OF CHANGES – OTHER POST EMPLOYMENT BENEFIT
LIABILITY AND RELATED RATIOS
LAST EIGHT CALENDAR YEARS

Total OPEB Liability
2017
2,620
1,608
-

Covered Payroll

$ 1,378,975

$ 1,475,537

$ 1,565,728

$ 1,708,135

3.64%

3.54%

4.76%

5.78%

$

3,099
1,712

2,188
(4,783)
(148)
2,068
50,235
52,303

$

$

3,758
2,007

2020

$

4,841
(138)
8,931
41,304
50,235

$

2019

Service Cost
Interest (on the Total OPEB Liability)
Changes of Benefit Terms
Difference between Expected
and Actual Experience
Change of Assumptions
Benefit Payments
Net Change in Total OPEB Liability
Total OPEB Liability - Beginning
Total OPEB Liability - Ending

Net OPEB Liability as a Percentage
of Covered Payroll

$

2018

2,001
14,575
(157)
22,184
52,303
74,487

$

$

4,612
2,107

1,615
16,182
(342)
24,174
74,487
98,661

Note: The schedule above reflects the changes in net pension liability for the current year and the
previous seven years. GASB Statement No. 75 requires 10 years of data to be provided in this schedule.
The City will build this schedule over the 10- year period beginning December 31, 2017 as data becomes
available.

53

Total OPEB Liability
2022
2023

2021
$

$

5,796
2,024

(4,258)
3,841
(725)
6,678
98,661
105,339

$

$

6,034
1,984

810
(42,568)
(1,006)
(34,746)
105,339
70,593

$

$

4,138
2,915

4,314
5,090
(1,379)
15,078
70,593
85,671

2024
$

$

5,795
3,306

2,703
(5,789)
(1,739)
4,276
85,671
89,947

$ 1,811,351

$ 2,011,255

$ 2,298,754

$ 2,897,705

5.82%

3.51%

3.73%

3.10%

NOTES TO SCHEDULE OF CHANGES
No assets are accumulated in a trust that meet the criteria in paragraph 4 of GASB Statement No. 75 to
pay related benefits.
Methods and Assumptions Used to Determine Contribution Rate
Inflation
Salary Increases
Discount Rate
Administrative Expenses

2.50%
3.60% to 11.85% Including Inflation
4.08% (Based on Fidelity Index's 20-Year Municipal GO AA Index)
All administrative expenses are paid through the Pension Trust and
accounted for under reporting requirements under GASB Statement
No. 68.
Mortality Rates - Service Retirees 2019 Municipal Retirees of Texas Mortality Tables. Male rates are
multiplied by 103% and female rates are multiplied by 105%. The
rates are projected on a fully generational basis by the most recent
Scale MP-2021 (with immediate convergence).
Mortality Rates - Disabled Retirees 2019 Municipal Retirees of Texas Mortality Tables with a 4 year setforward for males and a 3 year set-forward for females. In
addition, a 3.5% and 3% minimum mortality rate will be applied to
reflect the impairment for younger members who become disabled
for males and females, respectively. The rates are projected on a
fully generational basis by the most recent Scale MP-2021 (with
immediate convergence) to account for the future mortality
improvements subject to the floor.

54

SUPPLEMENTARY INFORMATION
Supplementary information includes financial statements and schedules not required by the GASB, nor a
part of the basic financial statements, but are presented for purposes of additional analysis.
Such statements and schedule include:


Comparative Statements – General Fund



Combining Statements – Nonmajor Governmental Funds



Comparative Statements – Police Seizure Fund



Comparative Statements – Hotel/Motel Fund



Comparative Statements – Child Safety Fund



Comparative Statements – Court Security Fund



Comparative Statements – Local Youth Diversion Fund



Comparative Statements – Court Technology Fund



Comparative Statements – Tree Preservation Fund



Comparative Statements – LEOSE Grant Fund



Comparative Statements – Police Donations Fund



Comparative Statements – Drainage Fund



Comparative Statements – Proprietary Water/Sewer Utility Fund

55

CITY OF BULVERDE
COMPARATIVE BALANCE SHEETS
GENERAL FUND
SEPTEMBER 30, 2025 AND 2024

ASSETS
Cash and Cash Equivalents
Investments
Receivables (net of allowances for uncollectibles):
Property Taxes
Other Receivables
Due From Other Funds
Prepaid Items
TOTAL ASSETS

2025

2024

$ 1,488,188
5,707,007

$ 2,576,130
3,454,997

62,563
904,162
298,966
-

46,719
893,137
172,902
8,578

$ 8,460,886

$ 7,152,463

$ 247,158
129,883
22,448
115,825
217,935
733,249

$

LIABILITIES, DEFERRED INFLOWS OF
RESOURCES & FUND BALANCES
Liabilities:
Accounts Payable
Wages and Salaries Payable
Intergovernmental Payable
Due to Other Funds
Other Current Liabilities
Unearned Revenue
Total Liabilities
Deferred Inflows of Resources:
Unavailable Property Tax Revenue
Total Deferred Inflows of Resources
Fund Balances:
Nonspendable:
Prepaid Items
Unassigned
Total Fund Balances
TOTAL LIABILITIES, DEFERRED INFLOWS
OF RESOURCES AND FUND BALANCES

56

937,262
11,468
12,846
2,813
118,325
915,416
1,998,130

62,563
62,563

46,719
46,719

7,665,074
7,665,074

8,578
5,099,036
5,107,614

$ 8,460,886

$ 7,152,463

CITY OF BULVERDE
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
GENERAL FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024
2025

2024

Ad Valorem Taxes
Sales Taxes
Franchise Fees
Mixed Beverage Taxes
Intergovernmental Revenues & Grants
Fines and Penalties
Charges for Services
Interest Income
Miscellaneous
TOTAL REVENUES

$ 3,777,700
3,352,272
535,416
46,268
1,108,564
774,609
901,451
212,202
121,576
10,830,058

$ 3,042,579
3,193,727
495,752
42,842
870,252
770,468
1,138,303
238,325
112,664
9,904,912

EXPENDITURES
Current:
General and Administrative
Mayor and Council
Municipal Court
Non-Departmental Functions
Public Safety
Code Compliance
Public Works
Parks and Recreation
Planning and Development
Visitor Events Center
Professional Services
Capital Outlay
TOTAL EXPENDITURES

671,282
17,494
314,869
509,430
2,665,567
44,840
455,175
162,889
428,324
882,790
2,130,677
8,283,337

741,288
7,186
268,807
639,571
2,516,105
119,736
607,228
519,454
314,410
314
1,389,901
2,490,449
9,614,449

2,546,721

290,463

15,125
(4,386)

-

10,739

-

Net Change in Fund Balance

2,557,460

290,463

Fund Balances at Beginning of Year

5,107,614

4,817,151

Fund Balances at End of Year

$ 7,665,074

$ 5,107,614

REVENUES

Excess (Deficiency) of Revenues
Over (Under) Expenditures
OTHER FINANCING
SOURCES (USES)
Proceeds from Sale of Capital Assets
Transfers In (Out)
TOTAL OTHER FINANCING
SOURCES (USES)

57

CITY OF BULVERDE
COMBINING BALANCE SHEETS
NONMAJOR GOVERNMENTAL FUNDS
SEPTEMBER 30, 2025

Police
Seizure
Fund
ASSETS
Cash and Cash Equivalents
Investments
Receivables:
Other Receivables
TOTAL ASSETS

$

Child
Safety
Fund

Hotel/Motel
Fund

69,426
-

$

60,229
21,086

$

Court
Security
Fund

48,448
87,858

$

Local Youth
Diversion
Fund

31,968
132,722

$

17,644
-

-

48,444

-

-

-

$

69,426

$ 129,759

$ 136,306

$ 164,690

$

17,644

$

-

$

$

$

$

-

LIABILITIES AND
FUND BALANCES
Liabilities:
Accounts Payable
Total Liabilities
Fund Balances:
Restricted For:
Police Seizure
Hotel/Motel
Child Safety
Building Security & Technology
Local Youth Diversion
Tree Preservation
Police Training & Donations
Drainage
Total Fund Balances
TOTAL LIABILITIES &
FUND BALANCES

$

47,352
47,352

79
79

54
54

69,426
69,426

82,407
82,407

136,227
136,227

164,636
164,636

69,426

$ 129,759

$ 136,306

$ 164,690

58

17,644
17,644

$

17,644

Court
Technology
Fund

Tree
Preservation
Fund

$

$

1,201
148,643
-

84,694
8

LEOSE
Grant
Fund
$

-

Drainage
Fund

Total
Nonmajor
Governmental
Funds

31,372
-

$ 207,550
234,287

$ 567,049
624,604

-

-

48,444

$ 441,837

$ 1,240,097

$

$

Police
Donations
Fund

14,517
-

$

-

$ 149,844

$

84,702

$

14,517

$

31,372

$

$

-

$

-

$

792
792

-

149,844
149,844

$ 149,844

84,702
84,702

$

84,702

14,517
14,517

$

14,517

$

-

48,277
48,277

30,580
30,580

441,837
441,837

69,426
82,407
136,227
314,480
17,644
84,702
45,097
441,837
1,191,820

31,372

$ 441,837

$ 1,240,097

59

CITY OF BULVERDE
COMBINING STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
NONMAJOR GOVERNMENTAL FUNDS
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025

Police
Seizure
Fund

Child
Safety
Fund

Hotel/Motel
Fund

Court
Security
Fund

Local Youth
Diversion
Fund

REVENUES
Hotel Motel Tax
Intergovernmental Revenues & Grants
Fines and Penalties
Charges for Services
Interest Income
Miscellaneous
TOTAL REVENUES

$

234
13,125
13,359

$ 209,441
937
210,378

223
223

209,465
209,465

2,538
2,538

9,540
85,984
95,524

-

13,136

913

10,951

(71,457)

17,644

-

-

-

-

-

-

-

-

-

-

Net Change in Fund Balance

13,136

913

10,951

(71,457)

17,644

Fund Balances at Beginning of Year

56,290

81,494

125,276

236,093

-

82,407

$ 136,227

$ 164,636

EXPENDITURES
Municipal Court
Public Safety
Culture and Recreation
Capital Outlay
TOTAL EXPENDITURES
Excess (Deficiency) of Revenues
Over (Under) Expenditures
OTHER FINANCING
SOURCES (USES)
Transfers In (Out)
TOTAL OTHER FINANCING
SOURCES (USES)

Fund Balances at End of Year

$

69,426

$

60

$

9,589
3,900
13,489

$

17,831
6,236
24,067

$

$

17,644
17,644

17,644

Court
Technology
Fund

Tree
Preservation
Fund

$

$

15,020
8,829
23,849

10,200
10,200

LEOSE
Grant
Fund

$

3,667
3,667

Police
Donations
Fund

Drainage
Fund

$

$

7,349
7,349

Total
Nonmajor
Governmental
Funds

10,403
10,403

$ 209,441
13,256
50,495
10,200
30,539
20,474
334,405

50,488
50,488

-

1,236
1,236

3,126
3,126

-

60,028
7,123
209,465
85,984
362,600

(26,639)

10,200

2,431

4,223

10,403

(28,195)

4,386

-

-

-

-

4,386

4,386

-

-

-

-

4,386

(22,253)

10,200

2,431

4,223

10,403

(23,809)

172,097

74,502

12,086

26,357

431,434

1,215,629

30,580

$ 441,837

$ 1,191,820

$ 149,844

$

84,702

$

14,517

$

61

CITY OF BULVERDE
COMPARATIVE BALANCE SHEETS
POLICE SEIZURE FUND
SEPTEMBER 30, 2025 AND 2024

2025

2024

ASSETS
Cash and Cash Equivalents

$

69,426

$

56,290

TOTAL ASSETS

$

69,426

$

56,290

$

-

$

-

LIABILITIES AND FUND BALANCES
Liabilities:
Fund Balances:
Restricted for Police Seizure
Total Fund Balances

69,426
69,426

TOTAL LIABILITIES &
FUND BALANCES

$

62

69,426

56,290
56,290

$

56,290

CITY OF BULVERDE
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
POLICE SEIZURE FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024

2025

2024

REVENUES
$

Miscellaneous
Interest Income
TOTAL REVENUES

13,125
234
13,359

$

3,380
220
3,600

EXPENDITURES
Public Safety
TOTAL EXPENDITURES

223
223

25
25

Net Change in Fund Balance

13,136

3,575

Fund Balances at Beginning of Year

56,290

52,715

Fund Balances at End of Year

$

63

69,426

$

56,290

CITY OF BULVERDE
COMPARATIVE BALANCE SHEETS
HOTEL/MOTEL FUND
SEPTEMBER 30, 2025 AND 2024

2025
ASSETS
Cash and Cash Equivalents
Investments
Receivables (net of allowances for uncollectibles):
Other Receivables
TOTAL ASSETS

$

60,229
21,086

2024
$

48,444

58,149
20,149
49,701

$ 129,759

$

127,999

$

$

46,505
46,505

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts Payable
Total Liabilities
Fund Balances:
Restricted for Hotel/Motel
Total Fund Balances

47,352
47,352

82,407
82,407

TOTAL LIABILITIES &
FUND BALANCES

$ 129,759

64

81,494
81,494

$

127,999

CITY OF BULVERDE
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
HOTEL/MOTEL FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024

2025

2024

REVENUES
$ 209,441
937
210,378

Hotel/Motel Tax
Interest Income
TOTAL REVENUES

$

204,834
1,073
205,907

EXPENDITURES
Culture and Recreation
TOTAL EXPENDITURES

209,465
209,465

192,396
192,396

Net Change in Fund Balance

913

13,511

Fund Balances at Beginning of Year

81,494

67,983

Fund Balances at End of Year

$

65

82,407

$

81,494

CITY OF BULVERDE
COMPARATIVE BALANCE SHEETS
CHILD SAFETY FUND
SEPTEMBER 30, 2025 AND 2024

2025
ASSETS
Cash and Cash Equivalents
Investments

$

TOTAL ASSETS

2024

48,448
87,858

$

41,319
83,957

$ 136,306

$

125,276

$

$

-

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts Payable
Total Liabilities
Fund Balances:
Restricted for Child Safety
Total Fund Balances

79
79

136,227
136,227

TOTAL LIABILITIES &
FUND BALANCES

$ 136,306

66

125,276
125,276

$

125,276

CITY OF BULVERDE
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
CHILD SAFETY FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024

2025

2024

REVENUES
$

Intergovernmental Revenues & Grants
Interest Income
TOTAL REVENUES

9,589
3,900
13,489

$

9,771
4,473
14,244

EXPENDITURES
Public Safety
TOTAL EXPENDITURES

2,538
2,538

60
60

Net Change in Fund Balance

10,951

14,184

Fund Balances at Beginning of Year

125,276

111,092

Fund Balances at End of Year

$ 136,227

67

$

125,276

CITY OF BULVERDE
COMPARATIVE BALANCE SHEETS
COURT SECURITY FUND
SEPTEMBER 30, 2025 AND 2024

2025
ASSETS
Cash and Cash Equivalents
Investments

$

TOTAL ASSETS

2024

31,968
132,722

$

102,050
134,331

$ 164,690

$

236,381

$

$

54
234
288

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts Payable
Wages and Salaries Payable
Total Liabilities
Fund Balances:
Restricted for Building Security & Technology
Total Fund Balances
TOTAL LIABILITIES &
FUND BALANCES

54
54

164,636
164,636

$ 164,690

68

236,093
236,093

$

236,381

CITY OF BULVERDE
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
COURT SECURITY FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024

2025

2024

REVENUES
$

Fines and Penalties
Interest Income
TOTAL REVENUES

17,831
6,236
24,067

$

19,935
7,157
27,092

EXPENDITURES
Municipal Court
Capital Outlay
TOTAL EXPENDITURES

9,540
85,984
95,524

54
54

Net Change in Fund Balance

(71,457)

27,038

Fund Balances at Beginning of Year

236,093

209,055

Fund Balances at End of Year

$ 164,636

69

$

236,093

CITY OF BULVERDE
COMPARATIVE BALANCE SHEETS
LOCAL YOUTH DIVERSION FUND
SEPTEMBER 30, 2025 AND 2024

2025

2024

ASSETS
Cash and Cash Equivalents

$

17,644

$

-

TOTAL ASSETS

$

17,644

$

-

$

-

$

-

LIABILITIES AND FUND BALANCES
Liabilities:
Due to Other Funds
Total Liabilities
Fund Balances:
Restricted for Local Youth Diversion
Total Fund Balances

17,644
17,644

TOTAL LIABILITIES &
FUND BALANCES

$

70

17,644

-

$

-

CITY OF BULVERDE
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
LOCAL YOUTH DIVERSION FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024

2025

2024

REVENUES
$

Fines and Penalties
TOTAL REVENUES

17,644
17,644

$

-

EXPENDITURES
Municipal Court
TOTAL EXPENDITURES

-

-

Net Change in Fund Balance

17,644

-

-

-

Fund Balances at Beginning of Year
Fund Balances at End of Year

$

71

17,644

$

-

CITY OF BULVERDE
COMPARATIVE BALANCE SHEETS
COURT TECHNOLGY FUND
SEPTEMBER 30, 2025 AND 2024

2025
ASSETS
Cash and Cash Equivalents
Investments

$

TOTAL ASSETS

2024

1,201
148,643

$

190,302

$ 149,844

$

190,302

$

$

18,205
18,205

LIABILITIES AND FUND BALANCES
Liabilities:
Due to Other Funds
Total Liabilities
Fund Balances:
Restricted for Building Security & Technology
Total Fund Balances
TOTAL LIABILITIES &
FUND BALANCES

-

149,844
149,844

$ 149,844

72

172,097
172,097

$

190,302

CITY OF BULVERDE
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
COURT TECHNOLOGY FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024

2025

2024

REVENUES
$

Fines and Penalties
Interest Income
TOTAL REVENUES

15,020
8,829
23,849

$

16,772
10,139
26,911

EXPENDITURES
Municipal Court
TOTAL EXPENDITURES

50,488
50,488

96,066
96,066

Excess (Deficiency) of Revenues
Over (Under) Expenditures

(26,639)

(69,155)

4,386
4,386

-

Net Change in Fund Balance

(22,253)

(69,155)

Fund Balances at Beginning of Year

172,097

241,252

OTHER FINANCING SOURCES (USES):
Transfers In (Out)
TOTAL OTHER FINANCING SOURCES (USES)

Fund Balances at End of Year

$ 149,844

73

$

172,097

CITY OF BULVERDE
COMPARATIVE BALANCE SHEETS
TREE PRESERVATION FUND
SEPTEMBER 30, 2025 AND 2024

2025

2024

ASSETS
Cash and Cash Equivalents
Investments

$

84,694
8

$

74,494
8

TOTAL ASSETS

$

84,702

$

74,502

$

-

$

-

LIABILITIES AND FUND BALANCES
Liabilities:
Fund Balances:
Restricted for Tree Preservation
Total Fund Balances

84,702
84,702

TOTAL LIABILITIES &
FUND BALANCES

$

74

84,702

74,502
74,502

$

74,502

CITY OF BULVERDE
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
TREE PRESERVATION FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024

2025

2024

REVENUES
$

Charges for Services
Interest Income
TOTAL REVENUES

10,200
10,200

$

-

EXPENDITURES
Parks and Recreation
TOTAL EXPENDITURES

-

7,299
7,299

Net Change in Fund Balance

10,200

(7,299)

Fund Balances at Beginning of Year

74,502

81,801

Fund Balances at End of Year

$

75

84,702

$

74,502

CITY OF BULVERDE
COMPARATIVE BALANCE SHEETS
LEOSE GRANT FUND
SEPTEMBER 30, 2025 AND 2024

2025

2024

ASSETS
Cash and Cash Equivalents
Due from Other Funds

$

14,517
-

$

9,273
2,813

TOTAL ASSETS

$

14,517

$

12,086

$

-

$

-

LIABILITIES AND FUND BALANCES
Liabilities:
Fund Balances:
Restricted for Police Training & Donations
Total Fund Balances

14,517
14,517

TOTAL LIABILITIES &
FUND BALANCES

$

76

14,517

12,086
12,086

$

12,086

CITY OF BULVERDE
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
LEOSE GRANT FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024

2025

2024

REVENUES
$

Intergovernmental Revenues & Grants
TOTAL REVENUES

3,667
3,667

$

3,481
3,481

EXPENDITURES
Public Safety
TOTAL EXPENDITURES

1,236
1,236

-

Net Change in Fund Balance

2,431

3,481

Fund Balances at Beginning of Year

12,086

8,605

Fund Balances at End of Year

$

77

14,517

$

12,086

CITY OF BULVERDE
COMPARATIVE BALANCE SHEETS
POLICE DONATIONS FUND
SEPTEMBER 30, 2025 AND 2024

2025

2024

ASSETS
Cash and Cash Equivalents

$

31,372

$

32,115

TOTAL ASSETS

$

31,372

$

32,115

$

792
792

$

5,758
5,758

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts Payable
Total Liabilities
Fund Balances:
Restricted for Police Training & Donations
Total Fund Balances

30,580
30,580

TOTAL LIABILITIES &
FUND BALANCES

$

78

31,372

26,357
26,357

$

32,115

CITY OF BULVERDE
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
POLICE DONATIONS FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024

2025

2024

REVENUES
$

Miscellaneous
TOTAL REVENUES

7,349
7,349

$

10,806
10,806

EXPENDITURES
Public Safety
TOTAL EXPENDITURES

3,126
3,126

9,458
9,458

Net Change in Fund Balance

4,223

1,348

Fund Balances at Beginning of Year

26,357

25,009

Fund Balances at End of Year

$

79

30,580

$

26,357

CITY OF BULVERDE
COMPARATIVE BALANCE SHEETS
DRAINAGE FUND
SEPTEMBER 30, 2025 AND 2024

2025

2024

ASSETS
Cash and Cash Equivalents
Investments

$ 207,550
234,287

$

207,550
223,884

TOTAL ASSETS

$ 441,837

$

431,434

$

$

-

LIABILITIES AND FUND BALANCES
Liabilities:
Fund Balances:
Restricted for Drainage
Total Fund Balances

-

441,837
441,837

TOTAL LIABILITIES &
FUND BALANCES

$ 441,837

80

431,434
431,434

$

431,434

CITY OF BULVERDE
COMPARATIVE STATEMENT OF REVENUES, EXPENDITURES AND
CHANGES IN FUND BALANCE
DRAINAGE FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024

2025

2024

REVENUES
$

Interest Income
TOTAL REVENUES

10,403
10,403

$

11,928
11,928

EXPENDITURES
Public Works
TOTAL EXPENDITURES

-

-

Net Change in Fund Balance

10,403

11,928

Fund Balances at Beginning of Year

431,434

419,506

Fund Balances at End of Year

$ 441,837

81

$

431,434

CITY OF BULVERDE
COMPARATIVE STATEMENTS OF NET POSITION
PROPRIETARY FUND
SEPTEMBER 30, 2025 AND 2024

2025
ASSETS
Current Assets:
Cash and Cash Equivalents
Accounts Receivable, net of allowance for uncollectible
Capital Assets:
Land
Buildings and Improvements
Accumulated Depreciation
TOTAL ASSETS
LIABILITIES
Accounts Payable
Due To Other Funds

$

97,949

2024

$

224,474

286,625
9,153,971
(3,102,179)

286,625
9,153,971
(2,797,047)

$ 6,436,366

$ 6,868,023

$

$

52,130
298,966

4,246
154,697

TOTAL LIABILITIES

351,096

158,943

NET POSITION
Net Investment Capital Assets
Unrestricted (Deficit)

6,338,417
(253,147)

6,643,549
65,531

TOTAL NET POSITION

$ 6,085,270

$ 6,709,080

82

CITY OF BULVERDE
COMPARATIVE STATEMENTS OF REVENUES, EXPENSES AND CHANGES IN NET POSITION
PROPRIETARY FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024

2025

2024

Operating Revenues
$ 486,414
486,414

Charges for Services
Total Operating Revenues
Operating Expenses Before Depreciation
Contractual Services
Total Operating Expenses Before Depreciation
Operating Income Before Depreciation
Depreciation
Operating Income (Loss)

$

587,110
587,110

805,092
805,092
(318,678)
305,132
(623,810)

632,373
632,373
(45,263)
305,134
(350,397)

(623,810)

(350,397)

Net Position at Beginning of Year

6,709,080

7,059,477

Net Position at End of Year

$ 6,085,270

$ 6,709,080

NET CHANGE IN NET POSITION

83

CITY OF BULVERDE
COMPARATIVE STATEMENTS OF CASH FLOWS
PROPRIETARY FUND
FOR THE FISCAL YEARS ENDED SEPTEMBER 30, 2025 AND 2024

2025
Cash Flows From Operating Activities
Cash Received From Customers
Cash Paid to Suppliers for Goods & Services
Net Cash Provided (Used) by Operating Activities

$

2024

612,939
(757,208)
(144,269)

$

629,267
(633,288)
(4,021)

Cash Flows From Noncapital Financing Activities:
Interfund Payables (Receivables)
Net Cash Provided (Used by Noncapital Financing
Activities

144,269

4,021

144,269

4,021

Net Increase (Decrease) in Cash and Investments

-

-

-

-

Cash and Investments at Beginning of Year
Cash and Investments at End of Year:

$

-

$

2025
Reconciliation of Operating Income to Net Cash
Provided (Used) by Operating Activities:
Operating Income
Adjustments to Reconcile Operating
Income to Net Cash Provided
(Used) by Operating Activities:
Depreciation
(Increase) Decrease in
Operating Assets:
Accounts Receivable
Increase (Decrease) in
Accounts Payable
Total Adjustments to Reconcile
Operating Activities
Net Cash Provided (Used) by Operating
Activities

$

$

84

(623,810)

-

2024

$

(350,397)

305,132

305,134

126,525

42,157

47,884

(915)

479,541

346,376

(144,269)

$

(4,021)

4.B

CITY COUNCIL ITEM
MEETING DATE:
AGENDA ITEM:

March 10, 2026
Discussion and consideration of bid award for Project No. 2026-1 and
Project No. 2026-2 Street Maintenance Program

DEPARTMENT:

Public Works

PRESENTED BY:

Aaron Martinez

BACKGROUND:

The City solicited bids for the 2026 Street Maintenance Program as part of the City's ongoing
pavement preservation effort and the adopted 5-year street maintenance plan.
Bids were received for Contract 1 and Contract 2. City Engineer Freese & Nichols reviewed the
submissions and determined that LCR Total Transport, LLC, submitted the lowest qualified bid.
The proposed 2026 work is planned for completion within 60 days beginning June 1, 2026.

Bid Tabulation Summary
Bidder

LCR Total Transport,
LLC
Asphalt Inc. (Lone
Star Paving)
Clark Construction of
Texas, Inc.

Contract 1

Contract 2

Total

$1,581,840.50

$0.00

$1,581,840.50

$1,582,156.51

$82,582.58

$1,664,739.09

$1,080,131.90

$68,853.00

$1,148,984.90

RECOMMENDATION:

Staff recommends that City Council award the 2026 Street Maintenance Program bid to LCR Total
Transport, LLC, as the lowest qualified bidder, and authorize execution of the contract documents.
ATTACHMENTS:
•
•
•

See Attached powerpoint with maps
Low Bid Acceptance Letter
Bid Tab

2026 Street Maintenance Program Bid Award

Bid Results RMP 2026
5 Year Maintenance Plan
Aaron Martinez, CFM - Public Works Director
March 10, 2026

Tonights
Overview
• Share bid results for the 2026 Street
Maintenance Program
• Recommend award to the lowest
qualified bidder
• Show the planned 5-year
maintenance map (2026 through
2030)
• Outline next steps and schedule

Bid Tabulation Summary
Bidder

Contract 1

Contract 2

Total

LCR Total Transport,
LLC

$1,080,131.90

$68,853.00

$1,148,984.90

Asphalt Inc.(Lone
Star Paving)

$1,581,840.50

$0.00

$1,581,840.50

Clark Construction
of Texas, Inc.

$1,582,156.51

$82,582.58

$1,664,739.09

City Engineers
Bid Recommendation

2026 Street
Maintenance
Plan
Map: 2026 program
locations
Timeframe: 60 Days Starting June 1, 2026

5-Year Street
Maintenance
Plan (2026–
2030)
Map: 5-year planned
maintenance

Future Year Plans

YR-2027

YR-2028

Future Year Plans

YR-2029

YR-2030

Maintenance Bid Savings, Options to Reapply
Remaining Funds
• Option 1- Continue down the BOSS optimized list: apply maintenance treatments to the next
streets in the optimized selections. Estimated $287K
• Option 2-Advance some larger projects: consider moving forward a larger or more complex
segment, such as Full Depth Reconstruction or other heavier rehabilitation work.
• Old Boerne Rd*
• Singing Oaks*
• Little Fawn*

• Option 3-Build out additional asset inventories and services: expand data, inventory, and support
components included in the proposal.
• Pavement Marking Inventory: $3,480
• Striping Inventory:$4,640
• Ultimate cost to be defined upon completion of analysis

*streets do not connect to county road infrastructure

ROAD NETWORK PCI SUMMARY FOR SCORES 0 TO 55
Street Name

From

To

PCI

PCI Category

Cost(Estimate)

Bridlegate

FM 1863

County Line

29

Very Poor

$61,350

Johnson Way(E)

FM 1863

County Line

36

Very Poor

$27,450

Keswick

Kenswick

County Line

37

Very Poor

$5,550

Sherri Lea

FM 1863

County Line

47

Poor

$42,450

Hillside Oaks

Bulverde Rd

County Line

50

Poor

$46,800

Stahl

Lost Creek

Hwy 46

51

Poor

$76,200

Singing Oaks

Singing Oaks

Singing Oaks

52

Poor

$55,575

Little Fawn

Circle Oak

End

53

Poor

$54,450

Old Boerne

Hwy 46

Old Boerne

55

Poor

$88,950

Questions/Next Steps

Y
T
N Y
U
O NT
C
L OU
L
A LC
D
N A
E
K OM
C

City of Bulverde, TX
5-Year Street Maintenance Plan

Comal County
Parcels
2026 Street Maintenance Plan
2027 Street Maintenance Plan
2028 Street Maintenance Plan
2029 Street Maintenance Plan
2030 Street Maintenance Plan

HEIMER-LANGE
RO

DEO

SPRING

/
/
FA
RH

KS

OA

BO

L

OLD
ERNE
BO

RAINBOW

HER
S
NC

SPRING
SP RING
BRANCH
BR ANCH

BRA

D

SHADO W RDG
LO
S
REE T
K

C

BRA N

LOS
T
CRE
E
K

E

AH
ST

BU
L
RDE CROSSI N G
VE

RN

E

LA

0.75

RDE

KUNTZ
RUN

L
EL
W
S

0.5

OOD
BENTW

E
BULVE R D
CROSS I N G

OL
D

D
OL NE
R
E
D
OL E BO
N
ER

G

RIVER

IN
NG
I
S

BULVE

TAYLOR

0.25

EY

TA

BO

ND

0.13

L
VAL

RI

NISO
CE

O
BO L D
ER
NE

MELO
DY
HILLS

ILLS

AL
GE

RA

LOBO
PARK

0

Miles
1

SUN

AR
H

F

EY
ON K
ST OO
BR

B
HA LUE
VE
N

S HIL
L
SHADO
W
MOUN
TAIN

HAR
M O NY HILLS

ANGELS
HILL

ILLS

TE

ANGE L

K
RANC
H

BRANCH

I
WH OK
BRO

TR
AV
I

S

SHE P HERDS RA N CH

Z

B R AND

LV
ER
D

EL
VA M
LLE
Y

E

DE
SI KS
L
L A
HI O

MONICA

E

FLAT
RO
CK

ADELIN

BU

KUNT

RA N CH

K

JOHN
CHARLES

HILINE

HILINE

SHEPHERDS

AU
BR
Y

BLANCO

FA
CR L

L

HA
HN C

S

RLE

JO

ILL
SHORT H

CEDAR

BLUEBERRY
RDG

EAGLE
CLAW

LITTLE LITTLE
DEER DEER

O

TWIN
RIDGE

PRANCING DEER

PREMIERE

AK

MATCHLINE
SEE INSET

WHITEWING

JO V

E

CO U

UN
TY

NT
Y

CK

BEXA
R

I
SHERR
LEA

CO M
AL C
O

BE

WILEY
SEBASTIAN

SACE
VER
RA
ST
SE

MARVEL

CIRCLE OAK

AK
BLUE
MARTIN

NG
DI K
A

EAGLE CLAW

RU
NN
DE IN G
ER

ON

K
CR

O

I
ON

OLYMP

S PREA

STAHL

M ER

HE
I

BULVERDE

LITTLE
FAWN

FALLING
SHADOWS
N

ST
A

L DC
AT

LEOPA

RD

ER

PA NT
H

SU

S
PU
YM
OL

A CE

MEADOW LARK

E
BLU
TIN
E
BLU N MAR
TI
MAR
CLE
CIR
AK
LE O
CIRC

S E TT

G
IN

D

RR

O

HONEYSUCKLE BRANCH

EL

TE

FALLEN OAK

HAWK EYE

US

T

WI

PA
SS

BLUE SKIES

H
N LIG

END

E
CL
R
CI

EVENING
ENING STAR
STAR E V

I
RF

COUG
AR B

CIRCLE OAK

TL
ER

GRAZIN G
DE E R

BUCK

DE E

MATCHLINE
INSET

IC
K

EV E NING SHADOWS

TON
V U IT

This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries.

MORNING
SUN

SUNLIGHT

R LIGHT

DEERFIELD TERR
A

AT
WILDC

WILDCA
T

STA H L

RK
S T EY
RUT
WILDRIDGE
TERRACE

AN

SU

TURKEY T
URKEY
TROT
TROT

T

LD T ERRAC
E

PANTHER

WILDCAT

PANT
HE

R

A VISTA

SIE
RR

CROSS BLF

BUL
CE

SUNLIG HT

SIER
VIS R A
TA

BULV ERDE

WILD RIDGE
TERR A CE

RI DGE

KES W

ACACIA
PASS

HIGH

O
MOJ AD
PAS S

DEERFIE

JAY
AT

E WIN D

HIGH RIDG E

BIRD

STALLION

ILL
SIMMO
NH

PER

LAK

BAY BAY
HILL HILL

U

A MMANN

D

VERDE HILLS

MON H ILL
SIM
P ER

AMMANN

W
IN

CK

BOBC

TRIPLE
ELM

AK
E

RO

CASEY

CASEY

T

PE

BARTON HILL
FLA

HI R SIMM
O
LL

N

KE
SMO

L

SMOKEHOUSE

RISE C

CH
KO

LITTLE
ROUND TO
P

ON
ANY

FY 2026 Maintenance Plan
Fiscal Year

Mgt Section

On Street

From Street

To Street

PCI

Proposed Treatment

2025-26
81
BOBCAT
BULVERDE RD
HIGH RIDGE
72.20
Chip Seal
2025-26
41
BULVERDE HILLS
BULVERDE RD
HIGH RIDGE
80.20
Chip Seal
2025-26
281
JAY BIRD
BOBCAT
CASEY
62.50
Chip Seal
2025-26
21
LAKE WIND
BARTON HILL
CASEY
75.60
Chip Seal
2025-26
221
SETTING SUN
SUNLIGHT
STARLIGHT
72.50
Chip Seal
2025-26
261
SPREADING OAK
ONION CRK
OLYMPUS
73.00
Chip Seal
2025-26
241
STARLIGHT
FM 1863
SETTING SUN
73.00
Chip Seal
2025-26
241
SUNLIGHT
BLUE SKIES
STARLIGHT
73.00
Chip Seal
2025-26
161
CASEY
BULVERDE
MONICA VIEW
71.40
Mill and Overlay
2025-26
181
RODEO
HWY 281
CITY LIMITS
56.30
Mill and Overlay
2025-26
321
CHAMPAGNE
END
VUITTON
92.50
Rejuvination
2025-26
321
CHAUMET
SESTRA
MARVEL
92.50
Rejuvination
2025-26
321
ELYSEE
END
END
92.50
Rejuvination
2025-26
321
JOVE
WILEY
SEBASTIAN
92.50
Rejuvination
2025-26
321
JOVE
SEBASTIAN
MARVEL
92.50
Rejuvination
2025-26
321
JOVE
MARVEL
VUITTON
92.50
Rejuvination
2025-26
321
MARVEL
JOVE
END
92.50
Rejuvination
2025-26
321
MARVEL
SEBASTIAN
JOVE
92.50
Rejuvination
2025-26
321
MARVEL
END
PREMIERE
92.50
Rejuvination
2025-26
321
MARVEL
CHAUMET
SESTRA
92.50
Rejuvination
2025-26
321
PREMIERE
MARVEL
END
92.50
Rejuvination
2025-26
321
SEBASTIAN
JOVE
MARVEL
92.50
Rejuvination
2025-26
321
SEBASTIAN
MARVEL
VUITTON
92.50
Rejuvination
2025-26
321
SESTRA
MARVEL
VUITTON
92.50
Rejuvination
2025-26
321
VERSACE
END
VUITTON
92.50
Rejuvination
2025-26
321
VUITTON
WILEY
SEBASTIAN
92.50
Rejuvination
2025-26
321
VUITTON
SEBASTIAN
CHAMPAGNE
92.50
Rejuvination
2025-26
321
VUITTON
SESTRA
VERSACE
92.50
Rejuvination
2025-26
321
VUITTON
CHAMPAGNE
JOVE
92.50
Rejuvination
2025-26
321
VUITTON
JOVE
SESTRA
92.50
Rejuvination
Note: Edge repair and spot repair may be performed with any treatment if existing pavement conditions require it.

Y
T
N Y
U
O NT
C
L OU
L
A LC
D
N A
E
K OM
C

City of Bulverde, TX
2026 Street Maintenance Plan

Comal County
Parcels
2026 Street Maintenance Plan

RO

DEO

/
/
0

0.13

0.25

0.5

0.75

Miles
1

CASEY
L

AK
E

D

JAY

BIRD

W
IN

V
BUL

SU

SPRE
PREMIERE

MARVEL
JO V

E

SEBASTIAN

MATCHLINE
INSET
This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries.

SACE
VER
RA
ST
SE

TON
V U IT

G
IN K
D
A OA

MATCHLINE
SEE INSET

S E TT

G
IN

ST
A

R LIGHT

N

NLI
S U GH T

AT

ERDE HILLS

BOBC

CO M
AL C
O

BEXA
R

CO U

UN
TY

NT
Y

2027 Road Maintenance Plan
Fiscal Year

Mgt Section

On Street

From Street

2026-27

20

BECK

COUNTY LINE

2026-27

165

CIRCLE OAK

2026-27

185

2026-27

To Street

PCI

Proposed Treatment

BECK

80.8

Fog Seal

BLUEBERRY RDG

SHARPSTONE

87.3

Fog Seal

PRANCING DEER

GRAZING DEER

END

81.3

Fog Seal

205

CIRCLE OAK

HAWK EYE

BLUEBERRY RDG

82.9

Fog Seal

2026-27

205

KESWICK

END

KESWICK

82.9

Micro Seal

2026-27

280

BLUE MARTIN

CIRCLE OAK

EAGLE CLAW

83.0

Fog Seal

2026-27

280

EAGLE CLAW

BLUE MARTIN

BLUEBERRY RDG

83.0

Fog Seal

2026-27

280

LITTLE DEER

BLUE MARTIN

BLUEBERRY RDG

83.0

Fog Seal

2026-27

320

CIRCLE OAK

LITTLE FAWN

FALLEN OAK

58.1

Mill and Overlay

2026-27

320

CIRCLE OAK

FALLEN OAK

LITTLE FAWN

58.1

Mill and Overlay

2026-27

320

LITTLE FAWN

CIRCLE OAK

END

58.1

Mill and Overlay

2026-27

405

OLYMPUS

ONION CRK

END

82.3

Fog Seal

2026-27

460

FALLING SHADOWS

SUNLIGHT

END

56.9

Mill and Overlay

2026-27

540

EVENING STAR

STARLIGHT

SETTING SUN

82.2

Fog Seal

2026-27

540

EVENING STAR

SUNLIGHT

STARLIGHT

82.2

Fog Seal

2026-27

540

EVENING STAR

SETTING SUN

END

82.2

Fog Seal

2026-27

540

STARLIGHT

SETTING SUN

EVENING STAR

82.2

Fog Seal

2026-27

580

EVENING SHADOWS

SUNLIGHT

SETTING SUN

60.5

Chip Seal

2026-27

620

JOHNSON

JOHNSON

END

66.0

Micro Seal

2026-27

765

RIVER WAY

END

FORTY SIX

85.3

Fog Seal

2026-27

780

STAHL LN

CITY LIMIT

LOST CREEK

83.0

Fog Seal

2026-27

820

LOST CREEK

STAHL LN

SHADOW RDG

62.5

Micro Seal

2026-27

1060

OLD BOERNE

BULVERDE CROSSING

CITY LIMITS

80.1

Fog Seal

2026-27

1100

OLD BOERNE

HWY 46

OLD BOERNE

52.4

Mill and Overlay

2026-27

1180

OLD BOERNE

CITY LIMIT

HWY 46

80.6

Fog Seal

2026-27

1345

SPRING BRANCH

HWY 46

CITY LIMITS

81.1

Micro Seal

2026-27

1360

BULVERDE

HWY 46

FRESHWATER

88.1

Fog Seal

2026-27

1600

BRAND

HWY 46

SHEPHERDS RANCH

80.5

Fog Seal

2026-27

1640

TRAVIS

SHEPHERDS RANCH

END

85.3

Chip Seal

2026-27

1680

KUNTZ RUN

CITY LIMIT

TAYLOR PT

90.7

Fog Seal

2026-27

1705

KUNTZ PT

SHEPHERDS RANCH

END

81.3

Fog Seal

2026-27

1740

LOBO PARK

CITY LIMIT

BLANCO RD

90.7

Fog Seal

2026-27

1820

BULVERDE LN

BULVERDE RD

CITY LIMITS

72.2

Micro Seal

2026-27

1920

FLAT ROCK

HILINE

BARTON HILL

81.3

Fog Seal

2026-27

2020

SMOKEHOUSE

CASEY

END

82.2

Fog Seal

2026-27

2040

KOCH

CASEY

JOHN CHARLES

62.5

Chip Seal

2026-27

2060

CASEY

HWY 281

CITY LIMITS

82.9

Fog Seal

2026-27

2060

SHORT HILL

END

CASEY

82.9

Fog Seal

2026-27

2205

BAY HILL

END

BOBCAT

81.3

Fog Seal

2026-27

2205

WILDCAT

WILDRIDGE TERRACE

CROSS BLF

81.3

Fog Seal

2026-27

2240

SIERRA VISTA

END

END

80.4

Fog Seal

2026-27

2240

WILDRIDGE TERRACE

PANTHER

END

80.4

Fog Seal

2026-27

2245

MOJADO PASS

SIERRA VISTA

PANTHER

82.3

Fog Seal

2026-27

2285

HIGH RIDGE

TURKEY STRUT

HIGH RIDGE

80.5

Fog Seal

2026-27

2285

PANTHER

MOJADO PASS

HIGH RIDGE

82.6

Fog Seal

2026-27

2285

TURKEY STRUT

DEERFIELD TERRACE

BULVERDE HILLS

80.5

Fog Seal

2026-27

2305

PANTHER

TURKEY TROT

HIGH RIDGE

82.6

Fog Seal

Note: Edge repair and spot repair may be performed with any treatment if existing pavement conditions require it.

2027 Road Maintenance Plan

Page 1 of 1

Y
T
N Y
U
O NT
C
L OU
L
A LC
D
N A
E
K OM
C

City of Bulverde, TX
2027 Street Maintenance Plan

Comal County
Parcels
2027 Street Maintenance Plan

/
/
0

SPRING

0.75

LOS
T
CRE
E
AH
ST

OL

BRA

ND

D

L

D BOERN

E

BRANCH

OL

0.5

K

LOBO
PARK

E

RN

E
BO

0.25

RIVER

O
BO L D
ER
NE

0.13

Miles
1

RDE

BULVE

TR
AV
IS

KUNTZ
RUN

KUNT
Z
SHORT H

FLA

SMOKEHOUSE

ILL

CH
KO

CASEY

T

RO
CK

BAY HILL

H IG H

RI DGE

RK
S T EY
RUT

LITTLE
FAWN

FALLING
SHADOWS

T

CIRCLE OAK

U

WILD RIDGE
TERR A CE

WILDCAT

R

PANT
HE

SIE
RR

A VISTA

O
MOJ AD
PAS S

EV E NING SHADOWS

OLYMP

EAGLE CLAW

US

E
BLU

STARLI
G

EVENI N G STAR
HT

LITTLE DEER

TIN
MAR

MATCHLINE
SEE INSET

CIRCLE OAK

This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries.

BEXA
R

CO U

UN
TY

NT
Y

CK

CO M
AL C
O

BE

MATCHLINE
INSET

PRANCING DEER

2028 Road Maintenance Plan
Fiscal Year

Mgt Section

FY 2027-28

61

BRAND

FY 2027-28

100

FY 2027-28

On Street

From Street

To Street

PCI

Proposed Treatment

PERSIMMON HILL

SHEPHERDS RANCH

88.4

Fog Seal

BRIDLEGATE

CITY LIMITS

FM 1863

22.9

Full Depth Reconstruction

120

TWIN CREEKS

CITY LIMITS

FM 1863

64.5

Chip Seal

FY 2027-28

141

ANGELS HILL

FARHILLS

WHITE BROOK

85.9

Fog Seal

FY 2027-28

141

HIGH MEADOW

ANGELS HILL

CITY LIMITS

85.9

Fog Seal

FY 2027-28

141

WHITE BROOK

ANGELS HILL

CITY LIMITS

85.9

Fog Seal

FY 2027-28

160

CIRCLE OAK

SHARPSTONE

FALLEN OAK

82.7

Fog Seal

FY 2027-28

160

SHARPSTONE

CIRCLE OAK

CITY LIMITS

82.7

Fog Seal

FY 2027-28

180

GRAZING DEER

PRANCING DEER

CIRCLE OAK

82.1

Fog Seal

FY 2027-28

180

PRANCING DEER

FM 1863

GRAZING DEER

82.1

Fog Seal

FY 2027-28

220

HAWK EYE

CIRCLE OAK

CIRCLE OAK

89.2

Fog Seal

FY 2027-28

240

BLUE MARTIN

EAGLE CLAW

HONEYSUCKLE BRANC 87.4

Fog Seal

FY 2027-28

240

HONEYSUCKLE BRANCH CIRCLE OAK

BLUEBERRY RDG

87.4

Fog Seal

FY 2027-28

260

BLUEBERRY RDG

CIRCLE OAK

HAWK EYE

89.8

Fog Seal

FY 2027-28

260

WHITEWING

BLUE MARTIN

BLUEBERRY RDG

89.8

Fog Seal

FY 2027-28

301

BARTON HILL

BOBCAT

CASEY

85.0

Fog Seal

FY 2027-28

420

ONION CRK

FM 1863

OLYMPUS

85.0

Fog Seal

FY 2027-28

600

STAHL

FM 1863

CITY LIMITS

85.4

Fog Seal

FY 2027-28

600

STAHL

CITY LIMITS

CITY LIMITS

85.4

Fog Seal

FY 2027-28

660

WILEY

FM 1863

CITY LIMITS

90.5

Fog Seal

FY 2027-28

740

RAINBOW

HWY 46

CITY LIMITS

83.0

Fog Seal

FY 2027-28

840

SHADOW RDG

LOST CREEK

END

87.9

Fog Seal

FY 2027-28

860

BENTWOOD

HWY 46

CITY LIMITS

84.4

Fog Seal

FY 2027-28

960

HARMONY HILLS

HWY 281

CITY LIMITS

68.3

Micro Seal

FY 2027-28

1000

SINGING OAKS

HARMONY HILLS

HWY 46

85.4

Fog Seal

FY 2027-28

1080

OLD BOERNE

OLD BOERNE

BULVERDE CROSSING

91.2

Fog Seal

FY 2027-28

1140

MELODY HILLS

HWY 281

SINGING OAKS

86.7

Fog Seal

FY 2027-28

1200

CENISO

FARHILLS

END

84.2

Fog Seal

FY 2027-28

1340

SPRING BRANCH

SPRING BRANCH

CITY LIMITS

91.2

Fog Seal

FY 2027-28

1380

BULVERDE

FRESHWATER

CITY LIMITS

90.7

Fog Seal

FY 2027-28

1420

BULVERDE

AMMANN

CITY LIMITS

91.2

Fog Seal

FY 2027-28

1440

AMMANN

BULVERDE

CITY LIMITS

88.1

Fog Seal

FY 2027-28

1460

AMMANN

CITY LIMITS

LEROY SCHEEL

89.9

Fog Seal

FY 2027-28

1480

ACACIA PASS

E AMMANN RD

CITY LIMITS

91.5

Fog Seal

FY 2027-28

1500

TRIPLE ELM

PERSIMMON HILL

END

89.2

Fog Seal

FY 2027-28

1505

PERSIMMON HILL

AMMANN

TRIPLE ELM

88.2

Fog Seal

FY 2027-28

1720

ADELINE

SHEPHERDS RANCH END

82.0

Fog Seal

FY 2027-28

1780

BULVERDE

BULVERDE LN

HWY 281

91.2

Fog Seal

FY 2027-28

1805

BULVERDE

BULVERDE

BULVERDE LN

91.2

Fog Seal

FY 2027-28

1860

CHESTNUT SPGS

BULVERDE

CITY LIMITS

82.3

Fog Seal

FY 2027-28

1940

JOHN CHARLES

END

HILINE

89.0

Fog Seal

FY 2027-28

1940

MONICA

JOHN CHARLES

HILINE

89.0

Fog Seal

FY 2027-28

1960

AUBRY

JOHN CHARLES

END

81.8

Fog Seal

FY 2027-28

2160

CEDAR

BARTON HILL

END

82.2

Fog Seal

FY 2027-28

2180

COUGAR BEND

BULVERDE

WILDCAT

89.3

Fog Seal

FY 2027-28

2180

HEIMER

BULVERDE

END

89.3

Fog Seal

FY 2027-28

2420

DEERFIELD TERRACE

BULVERDE HILLS

TURKEY TROT

86.0

Fog Seal

med with any treatment if existing pavement conditions require it.
Page 1 of 1

Y
T
N Y
U
O NT
C
L OU
L
A LC
D
N A
E
K OM
C

City of Bulverde, TX
2028 Street Maintenance Plan

Comal County
Parcels
2028 Street Maintenance Plan

SPRING

/
/

TE

K
RANC
H

BRANCH

I
WH OK
BRO

A NGE
LS

HAR
M O NY HILLS

0

0.13

0.25

0.5

0.75

Miles
1

H ILL

OA

KS

MELO
DY
HILLS

MONICA

E

AU
BR
Y

ADELIN

B R AND

RAINBOW

NE
ER
BO

G

SHADOW RDG

JOHN
CHARLES

OL
D

IN
NG
I
S

OOD
BENTW

NISO
CE

BU

ER
LV
CEDAR

DE
BARTON HILL

STA H L

CIRCLE OAK

HAWK EYE

STAHL

ON

K
CR

WHITEWING

BLUEBERRY RDG

N
IO

I
RF
EL

TE

D

CI
AN N G
D E ER

A CE

PR

RR

M ER

T
CR WIN
EE
KS

BULVERDE

MATCHLINE
INSET

WILEY

HE
I

COUG
AR B

DE E

END

BLUE
MARTIN

HONEYSUCKLE BRANCH

MATCHLINE
SEE INSET

A MMANN

BULV ERDE

AMMANN

ACACIA
PASS

MON H ILL
SIM
P ER

TRIPLE
ELM

This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries.

CO M
AL C
O

BEXA
R

CO U

UN
TY

NT
Y

2029 Road Maintenance Plan
Fiscal Year

Mgt Section

On Street

From Street

FY 2028‐29

40

SHERRI LEA

FM 1863

FY 2028‐29

60

SHERRI LEA

FY 2028‐29

80

FY 2028‐29

PCI

Proposed Treatment

SHERRI LEA

36.5

Full Depth Reconstruction

SHERRI LEA

CITY LIMITS

73.8

Chip Seal

SMOKEY MOUNTAIN

FM 1863

CITY LIMITS

75.6

Chip Seal

145

SPOTTED DEER

PRANCING DEER

RUNNING DEER

65.5

Chip Seal

FY 2028‐29

201

JOHN CHARLES

BULVERDE

MONICA VIEW

74.6

Chip Seal

FY 2028‐29

340

ANTLER PASS

SMITHSON VALLEY RD CIRCLE OAK

62.8

Chip Seal

FY 2028‐29

340

FALLEN OAK

CIRCLE OAK

CIRCLE OAK

62.8

Chip Seal

FY 2028‐29

380

TWIN RIDGE

FM 1863

CITY LIMITS

61.5

Chip Seal

FY 2028‐29

485

KESWICK

KESWICK

SUNLIGHT

66.5

Chip Seal

FY 2028‐29

505

SUNLIGHT

BLUE SKIES

EVENING SHADOWS

73.9

Chip Seal

FY 2028‐29

640

JOHNSON WAY(EAST)

FM 1863

CITY LIMITS

28.4

Full Depth Reconstruction

FY 2028‐29

720

ELM VALLEY

HWY 281

CITY LIMITS

66.5

Chip Seal

FY 2028‐29

760

RIVER

HWY 46

FORTY SIX PKWY

62.5

Chip Seal

FY 2028‐29

800

STAHL

LOST CREEK

HWY 46

41.4

Full Depth Reconstruction

FY 2028‐29

885

SUN VALLEY

STATE HWY 46

CITY LIMITS

71.1

Chip Seal

FY 2028‐29

920

HEIMER‐LANGE

CITY LIMITS

HWY 281

67.6

Chip Seal

FY 2028‐29

1185

OLD BOERNE

OLD BOERNE

OLD BOERNE

75.6

MICRO SEAL

FY 2028‐29

1240

LIMESTONE

RANCHERS CIRCLE

END

84.9

Fog Seal

FY 2028‐29

1240

QUERCUS

RANCHERS CIRCLE

END

84.9

Fog Seal

FY 2028‐29

1240

RANCHERS CIRCLE

LIMESTONE

END

84.9

Fog Seal

FY 2028‐29

1320

ANGELS HILL

END

FARHILLS

82.5

Fog Seal

FY 2028‐29

1320

FARHILLS

CITY LIMITS

SHADOW MOUNTAIN

82.5

Fog Seal

FY 2028‐29

1525

PERSIMMON HILL

TRIPLE ELM

BRAND

66.5

Fog Seal

FY 2028‐29

1625

SHEPHERDS RANCH

END CULD ESAC

TRAVIS PT

63.5

Fog Seal

FY 2028‐29

1620

SHEPHERDS RANCH

TRAVIS PT

BRAND RD

78.7

Fog Seal

FY 2028‐29

1845

FRESHWATER

BULVERDE

CITY LIMITS

61.5

Chip Seal

FY 2028‐29

1885

HILLSIDE OAKS

BULVERDE

CITY LIMITS

41.4

Full Depth Reconstruction

FY 2028‐29

1985

HILINE

JOHN CHARLES

AUBRY WAY

73.8

Chip Seal

FY 2028‐29

2025

SMOKE RISE CANYON

SMOKEHOUSE

CASEY RD

76.2

Chip Seal

FY 2028‐29

2120

LAKE WIND

BARTON HILL

BARTON HILL

71.1

Chip Seal

FY 2028‐29

2225

LEOPARD

WILDCAT

END

62.6

Chip Seal

FY 2028‐29

2225

WILDCAT

COUGAR BEND

TURKEY PT

62.6

Chip Seal

FY 2028‐29

2325

PANTHER

WILDCAT

TURKEY TROT

75.1

Chip Seal

FY 2028‐29

2340

TURKEY TROT

END

PANTHER

30.6

Full Depth Reconstruction

FY 2028‐29

2405

DEERFIELD TERRACE

HIGH RIDGE DR

TURKEY STRUT

76.8

Chip Seal

med with any treatment if existing pavement conditions require it.

To Street

Y
T
N Y
U
O NT
C
L OU
L
A LC
D
N A
E
K OM
C

City of Bulverde, TX
2029 Street Maintenance Plan

Comal County
Parcels
2029 Street Maintenance Plan
HEIMER-LANGE

/
/
ANGELS
HILL

0.13

0.25

0.5

0.75

SUN

FA
RH

ILLS

0

Miles
1

NC

HER
S

EY

L
VAL

STAHL

RA

OL
D

BO

E

RN

E

FRESHWATER

EL
VA M
LLE
Y

HILINE

SHEPHERDS

RA N CH

HA
HN C

S

RLE

JO

RISE C

DE
SI S
L
L K
HI OA

ON
ANY

I MMON

HI L

L

KE
SMO

DEERFIELD TERR
A

PER
S

LAK

E WIN D

CE

AN

TL
ER

SUNLIG HT

KES W

PA
SS

FALLEN OAK

IC
K

L DC
AT

RD

MATCHLINE
INSET

SP
OT
DE T ED
ER

CO M
AL C
O

BEXA
R

CO U

I
SHERR
LEA

This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries.

MATCHLINE
SEE INSET

WI

TWIN
RIDGE

LEOPA

PA NT
H

ER

TURKEY
TROT

UN
TY

NT
Y

2030 Road Maintenance Plan
Mgt
On Street
From Street
To Street
Section
FY 2029-30
101
FARHILLS
SHADOW MOUNTAIN RD
HWY 46
FY 2029-30
121
BLUE HAVEN
END
SHADOW MOUNTAIN RD
FY 2029-30
121
SHADOW MOUNTAIN RD
END
FARHILLS DR
FY 2029-30
121
STONEY BROOK
END
SHADOW MOUNTAIN RD
FY 2029-30
140
RUNNING DEER
FM 1863
PRANCING DEER DR
FY 2029-30
300
MEADOW LARK
CIRCLE OAK DR
CIRCLE OAK DR
FY 2029-30
300
CIRCLE OAK DR
HAWKEYE DR
FALLEN OAK DR
FY 2029-30
400
OLYMPUS DR
FM 1863
ONION CREEK
FY 2029-30
500
HIGH NOON
END
SUNLIGHT DR
FY 2029-30
500
SUNLIGHT DR
EVENING SHADOW DR
FALLING SHADOW DR
FY 2029-30
500
MORNING SUN
END
SUNLIGHT DR
FY 2029-30
560
BLUE SKIES DR
SUNLIGHT DR
SETTING SUN DR
FY 2029-30
845
LOST CREEK
SHADOW RDG
CITY LIMTS
FY 2029-30
1120
BULVERDE CROSSING
HWY 46
OLD BOERNE
FY 2029-30
1540
LITTLE ROUND TOP
END
BRAND RD
FY 2029-30
1620
SHEPARDS RANCH
TRAVIS PT
BRAND RD
FY 2029-30
1660
TAYLOR PT
END
SHEPARDS RANCH
FY 2029-30
1660
LASWELL
END
TAYLOR PT
CASEY RD
BOBCAT DR
FY 2029-30
2100
STALLION LN
FY 2029-30
2200
WILDCAT DR
HIGH RIDGE DR
CROSS BLF
FY 2029-30
2220
WILDCAT DR
WILDRIDGE TERRACE
TURKEY TROT
FY 2029-30
2320
TURKEY TROT
PANTHER DR
DEERFIELD TERRACE
FY 2029-30
2380
CROSS BLUFF
PANTHERDR
DEERFIELD TERRACE
FY 2029-30
2400
DEERFIELD TERRACE
WILDRIDGE TERRACE
TURKEY TROT
FY 2029-30
2440
BUCK LANE
DEERFIELD TERRACE
BULVERDE HILLS
FY 2029-30
2460
WILDRIDGE TERRACE
PANTHER DR
BULVERDE HILLS
Note: Edge repair and spot repair may be performed with any treatment if existing pavement conditions require it.
Fiscal Year

PCI

Proposed Treatment

75.5
80.1
80.1
80.1
71.7
80.6
80.6
74.4
76.3
76.3
76.3
71.5
91.8
80.7
78.6
83.6
81.1
81.1
78.6
77.7
77.7
77.7
73.5
77.7
72.5
71.4

Fog Seal
Fog Seal
Fog Seal
Fog Seal
Chip Seal
Fog Seal
Chip Seal
Chip Seal
Chip Seal
Chip Seal
Chip Seal
Chip Seal
Fog Seal
Fog Seal
Chip Seal
Chip Seal
Fog Seal
Fog Seal
Chip Seal
Chip Seal
Chip Seal
Chip Seal
Chip Seal
Chip Seal
Chip Seal
Chip Seal

Y
T
N Y
U
O NT
C
L OU
L
A LC
D
N A
E
K OM
C

City of Bulverde, TX
2030 Street Maintenance Plan

Comal County
Parcels
2030 Street Maintenance Plan

/
/
0

0.25

0.5

0.75

AR
H

F

EY
ON K
ST OO
BR

B
HA LUE
VE
N

SHADO
MOUN W
TAIN

0.13

Miles
1

TO

ILLS

LI
ME
S

NE

KUNTZ
RUN

LA

AH
ST

L

D BOERN

E

BRANCH

SPRING

BRA

TAYLOR

LV
E

ST
LO

OL

BU

E CROSSING
RD

ND

RIVER

E
BULVE R D
CROSS I N G

O
BO L D
ER
NE

C

REE
K

L
EL
W
S

TR
AV
IS

SHE P HERDS RA N CH

BLANCO

FA
CR L

L

K

HILINE
KUNT
SHORT H

CASEY

RO

STALLION

T

PE

FLA
CK

HI R SIMM
O
LL

N

SMOKEHOUSE

ILL

Z
LITTLE
ROUND TO
P

BAY HILL

H IG H
AT

RI DGE

WILDC

R

PANT
HE

DEERFIE

G HT

LI

SU N

AK

FALLING
SHADOWS

SUNLIGHT

E
CL
R
CI

O

MEADOW LARK

BLUE SKIES

BUCK

EVENI N G STAR
HT

OLYMP

EAGLE CLAW

E
BLU

STARLI
G

TROT

E TERRACE

US

TURKE
Y

RK
S T EY
RUT

LD T ERRAC
E

RI D G

WILDCA
T

WI
LD

T

U

WILD RIDGE
TERR A CE

MORNING
SUN

CROSS BLF
WILDCAT

SIE
RR

A VISTA

O
MOJ AD
PAS S

LITTLE DEER

TIN
MAR

S
PU
YM
OL

MATCHLINE
SEE INSET

CIRCLE OAK

This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries.

BEXA
R

CO U

UN
TY

NT
Y

CK

CO M
AL C
O

BE

MATCHLINE
INSET

RU
NN
DE IN G
ER

PRANCING DEER

Poor PCI 0-55
Mgt
Section
1885
1100
1000
640
320
205
100
40

On Street

From Street

To Street

PCI

Proposed Treatment

HILLSIDE OAKS
OLD BOERNE RD
SINGING OAKS
JOHNSONWAY(EAST)
LITTLE FAWN
KENSWICK
BRIDLEGATE
SHERRI LEA

BULVERDE RD
HWY 46
SINGING OAKS
COUNTY LINE
END
SMITHSONVALLEY RD
COUNTY LINE
COUNTY LINE

COUNTY LINE
OLD BOERNE
SINGING OAKS
FM 1863
CIRCLE OAK DR
KENSWICK
FM 1863
FM 1863

50
55
52
36
53
37
28.3
44.3

Full Depth Recon
MILL & OVERLAY
MILL & OVERLAY
Full Depth Recon
MILL & OVERLAY
Full Depth Recon
Full Depth Recon
Full Depth Recon

Freese & Nichols, Inc.
9601 McAllister Fwy, Suite 1008
San Antonio, TX 78216
BID TABULATION
LCR Total Transport, LLC
30691 Bartels Road
Bulverde, TX 78163

Client: Bulverde
Project: City of Bulverde - 2026 Street Maintenance Program
Bid Date: 02/24/2026 2:00 P.M. CST
Bid Tabulation Summary
ITEM #
Description

Quantity

Unit

100 7002
164 7002
168 7001
3001 7001
316 7012
316 7175
341 7048
354 7019
500 7001
502 7001
666 7114
700 7010
700 7012

308
496
33
59,394
20,787
594
1,143
10,390
1
2
61,586
5,289
163

STA
SY
TGL
SY
GAL
CY
TON
SY
LS
MO
LF
TON
TON

PREPARING ROW
BROADCAST SEED (PERM) (RURAL) (CLAY)
VEGETATIVE WATERING
FRICTIONAL ASPH SURF PRESERV TRTMT
ASPH (CRS-2P)
AGGR(TY-B, GR-5)(SAC-B)
D-GR HMA TY-D PG70-22
PLANE & TEXT ASPH CONC PAV (2”)
MOBILIZATION
BARRICADES, SIGNS AND TRAFFIC HANDLING
REFL PAV MRK TY I (Y)8”(SLD))(100 MIL)
POTHOLE REPAIR (SAW CUT)
EDGE REPAIR

Unit Cost

$190.00
$2.60
$65.00
$2.75
$4.50
$100.00
$96.00
$1.25
$65,000.00
$6,500.00
$1.30
$75.00
$150.00

TOTAL AMOUNT - CONTRACT 1
ITEM #

100 7002
SPI
500 7001
502 7001

Description

PREPARING ROW
REJUVENATION
MOBILIZATION
BARRICADES, SIGNS AND TRAFFIC HANDLING

Total Cost

$58,520.00
$1,289.60
$2,145.00
$163,333.50
$93,541.50
$59,400.00
$109,728.00
$12,987.50
$65,000.00
$13,000.00
$80,061.80
$396,675.00
$24,450.00

Asphalt Inc. LLC DBA Lone Star Paving
4310 Jung Road
San Antonio, TX 78247
Unit Cost

$25.00
$4.00
$75.00
$4.85
$4.00
$245.00
$130.00
$2.00
$43,000.00
$8,000.00
$1.10
$132.00
$360.00

$1,080,131.90
Quantity

Unit

82.00
39,773.00
1.00
2.00

STA
SY
LS
MO

Unit Cost

$190.00
$1.00
$6,500.00
$3,500.00

Total Cost

$15,580.00
$39,773.00
$6,500.00
$7,000.00

Total Cost

$7,700.00
$1,984.00
$2,475.00
$288,060.90
$83,148.00
$145,530.00
$148,590.00
$20,780.00
$43,000.00
$16,000.00
$67,744.60
$698,148.00
$58,680.00

Clark Construction of Texas, Inc.
5140 Gibbs Sprawl
San Antonio, TX 78219
Unit Cost

$1.00
$24.00
$24.24
$4.00
$7.08
$202.85
$127.36
$2.00
$21,638.98
$1,623.75
$1.00
$139.54
$448.17

$1,581,840.50
Unit Cost

$0.00
$0.00
$0.00
$0.00

Total Cost

$0.00
$0.00
$0.00
$0.00

Total Cost

$308.00
$11,904.00
$799.92
$237,576.00
$147,171.96
$120,492.90
$145,572.48
$20,780.00
$21,638.98
$3,247.50
$61,586.00
$738,027.06
$73,051.71
$1,582,156.51

Unit Cost

$1.00
$1.70
$11,638.98
$1,623.75

Total Cost

$82.00
$67,614.10
$11,638.98
$3,247.50

TOTAL AMOUNT - CONTRACT 2

$68,853.00

$0.00

$82,582.58

TOTAL AMOUNT - CONTRACT 1 PLUS CONTRACT 2

$1,148,984.90

$1,581,840.50

$1,664,739.09

9601 McAllister Fwy., Suite 1008 + San Antonio, Texas 78216 + 210-298-3800 + FAX 817-735-7491

www.freese.com

March 3, 2026

Aaron Martinez, CFM
Director of Public Works
30360 Cougar Bend
Bulverde, TX 78163
Re:

Bulverde 2026 Street Maintenance Program Project Contract Award Letter

Dear Mr. Martinez:
On February 24, 2026, bids for the above-referenced project were opened and read aloud. The lowest
qualified bidder was LCR Total Transport, LLC with a contract one bid of $1,080,131.90 and a contract
two bid of $68,853.00 and a proposed performance time of 60 working days. To the best of our
knowledge, the lowest and best qualified bid is that of LCR Total Transport, LLC and we recommend the
award of the contract to said contractor in the amount of up to $1,148,984.90.
Attached are the following documents:
1) One digital copy of the summary totals of all bids
2) One digital copy of the detailed bid tabulation.
3) One digital copy of the analysis of the low bidder’s prices which exceed 5% of estimate.
4) One digital copy of the cost per street based on the low bidder’s unit prices.

Sincerely,

Bregger Garrison, PE
Freese and Nichols, Inc.
Texas Registered Engineering Firm F-2144

cc: Project File

CITY COUNCIL ITEM:

Ordinance Amendment
ROW MAINTENANCE

MEETING DATE: March 10, 2026
DEPARTMENT:

Planning & Development

AGENDA ITEM:

Discuss and consider approval of an ordinance of the City of Bulverde,
Texas, amending Chapter 3, Division 5, Section 3.10.161 of the Code of
Ordinances, to revise requirements for maintenance of rights of way by
adjacent landowners.

PRESENTED BY:

Danny Batts, AICP, Planning Director

SUMMARY:
The City adopted an ordinance requiring property owners to maintain City rights-of-way (ROW)
adjacent to their properties back in July of 2013. Despite adoption of this ordinance, the City has
continued to bear primary responsibility for ROW maintenance throughout the City, but has
limited active maintenance to major roads and active road maintenance projects. Staff has not
been able to find any documentation indicating that the 2013 ordinance has ever been formally
enforced against a property owner.
After reviewing this issue at City Council’s request, staff determined that the 2013 ordinance lacks
clarity when determining the extent of a property owner’s responsibility for maintenance of
adjacent ROW. The proposed amendment makes the following clarifications to the ordinance:
1. Defines precisely which properties the ordinance applies to.
2. Stipulates that an owner is only responsible for maintenance of adjacent ROWs between
the shared property line and the centerline of the adjacent ROW.
3. Streamlines and restates the standards for tree trimming over pavement (14ft above
pavement) and tree trimming over non paved areas (8ft above ground), and responsibility
for sidewalks in areas that have them.

Page 1 of 1

ORDINANCE NO. _______________
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BULVERDE, TEXAS,
AMENDING THE CITY OF BULVERDE CODE OF ORDINANCES, CHAPTER 3,
DIVISION 5, SECTION 3.10.161, REQUIRED MAINTENANCE, TO REVISE AND
CLARIFY THE REQUIREMENTS FOR MAINTENANCE OF RIGHTS OF WAY BY
ADJACENT LANDOWNERS, AND TO REMOVE CONFLICTING PROVISIONS;
ADOPTING A SEVERABILITY CLAUSE AND ESTABLISHING AN EFFECTIVE DATE
WHEREAS, the City Council of the City of Bulverde, Texas has determined that the
ordinance requiring maintenance of City rights-of-way by adjacent property owners
should be amended by clarifying precisely what the requirements are and what portions
of the rights-of-way they are applicable to;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
BULVERDE, TEXAS, THAT:
SECTION 1. The City of Bulverde Code of Ordinances, Chapter 3, Building Regulations,
Division 5, Maintenance and Sight Triangles, Section § 3.10.161, Required maintenance,
is amended to read as depicted in Exhibit A, attached hereto.
SECTION 2. Severability: If any portion of this Ordinance shall, for any reason, be
declared invalid, the invalidity shall not affect the remaining provisions thereof.
SECTION 3. Effective Date: This ordinance shall be effective upon adoption by the City
Council of the City of Bulverde, Texas.
PASSED AND ADOPTED this _______Day of _______________________, 20______
______________________________
Helen Hays, Mayor
ATTEST:
_______________________________
Sandra V. Ham
City Secretary

Exhibit “A”

The City of Bulverde Code of Ordinances, Chapter 3, Building Regulations, Division 5,
Maintenance and Sight Triangles, Section § 3.10.161, Required maintenance, is
amended to read as follows:
§ 3.10.161Required maintenance.
Owners of property adjacent to City owned or maintained streets or rights-of-way are
charged with the care, maintenance, and full responsibility for trees and all vegetative
growth on such streets or rights-of-way in accordance with the following requirements:
1. The property owner’s responsibility under this section shall extend from the shared
boundary of the owner’s property and adjacent streets or rights-of-way to the
centerline of such streets or rights-of-way.
2. The owner of the property shall trim or remove tree branches and other vegetation to
provide a clear open space area between one (1) foot above the ground surface and
eight (8) feet above the ground surface.
3. In areas of a street or right-of-way covered with any type of pavement, the owner of
the property shall trim or remove tree branches and other vegetation to provide a
clear open space area between the pavement surface and 14 feet above the
pavement surface.
4. Grass and other vegetative matter within a street or right-of-way shall be regularly
mowed and maintained in a manner such that the height of the grass and vegetative
matter does not exceed one (1) foot.
5. Sidewalks and curbs shall be maintained by the owner of the adjacent property.
Maintenance of such facilities shall include keeping the areas free of debris,
repairing or removing tripping hazards (including any vertical offset of ½ inch or
greater), and repairing or replacing cracked, damaged, or deteriorated concrete
segments.

CITY COUNCIL ITEM: 4.D.

Budget Amendment
MEETING DATE:

March 10, 2026

DEPARTMENTS:

Finance

AGENDA ITEM:

Consider and take action on the creation of a Park Fund as a restricted fund
in the City’s budget.

PRESENTED BY: Sharon Nelson, Finance Director
SUMMARY:
Create the restricted fund, Park Fund, and recognize revenue received.
The parkland fee-in-lieu funds the City received was calculated and assessed in accordance
with Sec. 2.03(e) of the City’s Subdivision Ordinance. The funds were received from the
Bergwald subdivision and calculated at a rate of $43,560.00 per acre of required parkland
dedication, as provided in the ordinance.
FUND
355

ACCOUNT NO.
43805

Park Fund

DESCRIPTION

$

AMOUNT
15,681.60

TOTAL: $

15,681.60

Proposed Budget line-item Adjustments, as detailed in Exhibit A.

Attachment A

City of Bulverde
30360 Cougar Bend
Bulverde, Tx 78163

Fund 355 -Park Fund
Create the restricted fund, Park Fund, and recognize revenue received.

FUND
355

ACCOUNT NO.
43805

Park Fund

DESCRIPTION

$

AMOUNT
15,681.60

TOTAL: $

15,681.60

The parkland fee-in-lieu funds the City received was calculated and assessed in accordance with Sec. 2.03(e) of the
City’s Subdivision Ordinance. The funds were received from the Bergwald subdivision and calculated at a rate of
$43,560.00 per acre of required parkland dedication, as provided in the ordinance.

CITY COUNCIL ITEM: 4.E.

Budget Amendment
MEETING DATE:

March 10, 2026

DEPARTMENTS:

Finance

AGENDA ITEM:

Discuss and consider approval of an ordinance of the City of Bulverde,
Texas, amending the Fiscal Year 2025-2026 Budget; repealing conflicting
ordinances; providing a severability clause; and providing an effective date.

PRESENTED BY: Sharon Nelson, Finance Director
SUMMARY:
Budget adjustment to increase the revenue for the Wastewater Treatment Plant (WWTP) User
Fees to better align with forecasted income under the new rate schedule and to recognize the
Park Fund receipts.
•

Wastewater User Fees will increase.

To include the Park Fund Revenue.
•

Park Fund revenue will increase.
FUND
600
355

ACCOUNT NO.
43851
43805

DESCRIPTION
Wastewater User Fees
Park Fund

$
$

AMOUNT
430,000.00
15,681.60

TOTAL: $

445,681.60

Proposed Budget line-item Adjustments, as detailed in Exhibit A.

ORDINANCE NO. _____________
AN ORDINANCE OF THE CITY OF BULVERDE, TEXAS AMENDING THE
BUDGET FOR FISCAL YEAR 2025-2026; REPEALING CONFLICTING
ORDINANCES; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING
AN EFFECTIVE DATE.
WHEREAS, the City Council adopted the Budget for Fiscal Year 2025-2026 as Ordinance
No. 820 (the “2025-26 Budget”); and amended such budget by Ordinance No. 829,
Ordinance 832, and Ordinance 836 (such budget, as amended being referred to as the
“Budget”);
WHEREAS, the City Council has determined that the Budget should be changed for
municipal purposes as allowed by Texas Local Government Code § 102.010 to be
consistent with the Proposed Adjusted Budget 2025-26.
WHEREAS, the City Council finds and determines that the passage of this Ordinance
promotes the health, safety, and welfare of the public and the City of Bulverde; and
WHEREAS, the City Council finds and determines that the meeting at which this
Ordinance was passed was open to the public, that public notice of the time, place and
purpose of said meeting was given as required by the Texas Open Meetings Act, Chapter
551, Texas Government Code; and that the City of Bulverde complied with all other
requirements;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF BULVERDE, TEXAS THAT:
1.

Findings of Fact. The foregoing recitals are incorporated into this Ordinance by
reference as findings of fact as if expressly set forth herein.

2.

Enactment. The 2025-26 Budget is amended to be consistent with the Proposed
Adjusted Budget 2025-26; the changes to individual line items and accounts that
require City Council authorization are further described in Attachment “A” (City
Council Authorized Changes).

3.

Repealer. All ordinances, resolutions, or parts thereof that are in conflict or are
inconsistent with any provision of this Ordinance are hereby repealed to the extent
of such conflict or inconsistency, and the provisions of this Ordinance shall be and
remain controlling as to the matter regulated herein.

4.

Severability. Should any section, subsection, sentence, provision, clause or phrase
be held to be invalid for any reason, such holding shall not render invalid any other
section, subsection, sentence, provision, clause, or phrase of this ordinance and
same are deemed severable for this purpose.

1

5.

Effective Date. This Ordinance shall be effective as of the date of adoption.

PASSED, APPROVED AND ADOPTED THIS _____ DAY OF __________, 20____.

APPROVED:

ATTEST:

__________________________
Helen Hays, Mayor

__________________________
Sandra V. Ham, City Secretary

2

Attachment A

City of Bulverde
30360 Cougar Bend
Bulverde, Tx 78163

Budget adjustment to increase the revenue for the Wastewater Treatment Plant (WWTP) User Fees to better
align with forecasted income under the new rate schedule and to recognize the Park Fund receipts.
•

Wastewater User Fees will increase.

Budget adjustment to include Park Fund Revenue.
•

Park Fund revenue will increase.

FUND
600
355

ACCOUNT NO.
43851
43805

DESCRIPTION
Wastewater User Fees
Park Fund

$
$

AMOUNT
430,000.00
15,681.60

TOTAL: $

445,681.60

8.A
CITY COUNCIL ITEM

Appointments
Planning & Zoning Commission
MEETING DATE:

February 23, 2026

AGENDA ITEM:

Consider and take possible action on appointing / reappointing members
to the Planning & Zoning Commission.

DEPARTMENT:

Administration

PRESENTED BY:

Mike Castro, City Manager

BACKGROUND:
The Planning and Zoning commission, shall consist of seven (7) members and one alternate member
who are either resident citizens and taxpayers of the city or are residents of the extraterritorial jurisdiction
of the city, provided that no more than three (3) members including the alternate shall reside in the
extraterritorial jurisdiction of the city.
Commissioner Molina has requested retirement from the Commission, and has stated she will serve until
another candidate could be appointed. The current status of the Planning & Zoning Commission is as
follows.
PLANNING & ZONING COMMISSION
Name
Position
Jeffrey Burrier (ETJ) Commissioner
Ashley Cartier
Chair
James Flavin
Commissioner
Brad McCollum
Vice-Chair
Michelle Molina*
Commissioner
Fred Perry (ETJ)
Commissioner
Gregory Porter
Commissioner
Jason Ewing
Alternate

Email
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]

Term Expiration
June 2027
June 2026
June 2027
June 2026
June 2027
June 2027
June 2026
June 2026
(One year term)

RECOMMENDATION:
Review board applications, discuss appointments in Executive Session, and take action to appoint a new
member.
ATTACHMENTS:
• None