Page 120 - Keller FY20 Approved Budget

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

SERVICE LEVEL ANALYSIS: (CONTINUTED)

FY 2019-20
FY 2017-18 FY 2018-19 FY 2018-19 Adopted
PERFORMANCE INDICATORS Actual Budget YE Proj. Budget
Percentage of taxes collected (services to
be provided by the Tarrant County Tax 99.55% 99.25% 99.25% 99.25%
Assessor/Collector)
Average appraised residential value $363,941 $383,303 $383,303 $408,784
Average taxable residential value $329,840 $346,378 $339,361 $355,394
Effective tax rate per $100 of taxable value 0.40223 0.413275 0.413275 $0.401949
Actual tax rate per $100 of taxable value 0.42750 0.41325 0.41325 $0.39990
Rollback tax rate per $100 of taxable value 0.43269 0.413302 0.413302 $0.431064
Average City of Keller tax bill (actual rate) $1,410 $1,431 $1,402 $1,421
Average taxable value of tax ceiling
accounts $239,638 $277,957 $277,957 $288,660
Percentage of new construction by property
category:
Residential 84% 84% 84% 93%
Commercial 16% 16% 16% 7%

EXPENDITURE SUMMARY

FY 2019-20
FY 2017-18 FY 2018-19 FY 2018-19 Budget
Actual Budget YE Proj. Adopted Variance ($)
EXPENDITURES BY CATEGORY: Budget

Personnel services $ – $ – $ – $ – $ –
Operations & maintenance – – – – –
Services & other 142,729 145,960 145,960 139,554 (6,406)

Capital outlay – – – – –

TOTAL $ 142,729 $ 145,960 $ 145,960 $ 139,554 $ (6,406)

PERSONNEL SUMMARY
(Full-time Equivalent Positions - Includes Vacant Positions)
FY 2019-20
FY 2017-18 FY 2018-19 FY 2018-19 Adopted Budget
BY POSITION TITLE: Actual Budget YE Proj. Budget Variance ($)
No personnel for this division - - - - -

TOTAL - - - - -

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