Page 122 - FY 19 Budget Forecast 91218.xlsx

FINANCE & ACCOUNTING DEPARTMENT
TAX DIVISION (100-130-09)

SERVICE LEVEL ANALYSIS: (CONTINUTED)

FY 2018-19
FY 2016-17 FY 2017-18 FY 2017-18 Adopted
Actual Budget YE Proj.
PERFORMANCE INDICATORS Budget
Percentage of taxes collected (services to be 99.55% 99.25% 99.25% 99.25%
provided by the Tarrant County Tax
Assessor/Collector)
Average appraised residential value $336,733 $363,941 $363,941 $383,303
Average taxable residential value $316,629 $329,840 $329,840 $346,378
Effective tax rate per $100 of taxable value 0.408854 0.418194 0.418194 0.413275
Actual tax rate per $100 of taxable value 0.43000 0.42750 0.42750 0.41325
Rollback tax rate per $100 of taxable value 0.439381 0.432694 0.432694 0.413302
Average City of Keller tax bill (actual rate) $1,362 $1,410 $1,410 $1,431
Average taxable value of tax ceiling $239,638 $254,482 $254,353 $277,957
accounts
Percentage of new construction by property
category:
Residential 76% 84% 84% 84%
Commercial 24% 16% 16% 16%

EXPENDITURE SUMMARY

FY 2018-19 Budget
FY 2016-17 FY 2017-18 FY 2017-18
Actual Budget YE Proj. Adopted Variance
EXPENDITURES BY CATEGORY: Budget ($)

Personnel services $ – $ – $ – $ – $ –
Operations & maintenance – – – – –
Services & other 136,414 146,310 146,310 145,960 (350)
TOTAL $ 136,414 $ 146,310 $ 146,310 $ 145,960 $ (350)

PERSONNEL SUMMARY
(Full-time Equivalent Positions - Includes Vacant Positions)

FY 2018-19 Budget
FY 2016-17 FY 2017-18 FY 2017-18 Adopted Variance
BY POSITION TITLE: Actual Budget YE Proj. Budget ($)
No personnel for this division - - - - -

TOTAL - - - - -

120