Page 18 - Keller FY20 Approved Budget

expenditures in all funds. Below is a list of one‐time, cash‐funded projects and their associated funding
source:

 Johnson Road Reconstruction from Keller‐Smithfield Road to Rhonda Road ‐ $3,016,000 from
the General Fund, the Keller Development Corporation and a transfer from the Water‐
Wastewater CIP Fund

 Bear Creek and Whitley Roundabout ‐ $1,229,000 from the General Fund

 North Tarrant Parkway & Lakeview Channelization Project ‐ $150,000 from the General Fund

 UPRR Pedestrian Crossings ‐ $150,000 from the General Fund

 West Vine Street Drainage Improvements ‐ $25,000 from the General Fund

 Computer‐Aided Dispatch and automated Records Management System ‐ $500,000 from the
Keller Crime Control and Prevention District Fund

 Financial Software Implementation ‐ $376,417 from the Information Technology Fund

 Indoor Pool Slide and Plaster Repairs ‐ $397,222 from The Keller Pointe Fund
 Pointe Locker Room Renovations ‐ $230,000 from The Keller Pointe Fund

 Hidden Lakes Pavement Seepage Repairs ‐ $150,000 from the Street Maintenance Fund

 Pavement Condition Study ‐ $125,000 from the Street Maintenance Fund

 Drainage Master Plan Update ‐ $200,000 from the Drainage Fund

 Shady Lane South Drainage Improvements ‐ $70,000 from the Drainage Fund

While a significant portion of the FY 2019‐20 capital investment is cash funded, the city plans to issue debt
related to the new Senior Activities Center located at Johnson Road Park. In November 2018, Keller voters
approved plans to issue up to $8 million in debt without an associated tax rate increase.

In addition, there is other future debt on the horizon that can be found on the city’s five‐year CIP. In FY
2015‐16, the city applied for and was approved to receive SWIFT financial assistance from the Texas Water
Development Board. The city will receive low‐interest loans through the program totaling $12,180,000 set
to be issued in three intervals that started in FY 2016‐17. These funds will be used to implement improved
water management strategies, including the replacement of approximately 12 miles of deficient system
pipe and 1,600 deficient water services that are over 40 years old, composed of obsolete material, and
are experiencing more leaks and breaks. The next two rounds of funding will be in FY 2020‐21 and FY
2023‐24.

In FY 2022‐23, debt is planned to be issued for the Elm Street and Old Town Keller street projects. In FY
2024, debt will also be issued for the Whitley Road project. The full scope of these projects are still to be
determined, but should include reconstruction of the roads and drainage improvements.

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