Page 368 - Keller FY20 Approved Budget

ROADWAY IMPACT FEE FUND

FUND DESCRIPTION:
This fund is used to account for resources received from roadway impact fees which are determined by the type and size
of new development. Expenditures are restricted for roadway improvements based upon new development impact and
are transferred to the Streets CIP fund. The fund revenues and expenditures are not considered operating funds and
shown for informational purposes only. In the City's Comprehensive Annual Financial Report (CAFR), the fund is
presented as a capital improvement fund.

REVENUE SUMMARY

FY 2019-20
FY 2017-18 FY 2018-19 FY 2018-19 Adopted Budget
REVENUES: Actual Budget YE Proj. Budget Variance ($)
Roadway Impact Fees $ 454,044 $ – $ 520,491 $ – $ –
Interest Earnings 95,636 – 106,450 – –

TOTAL $ 549,679 $ – $ 626,941 $ – $ –

EXPENDITURE SUMMARY

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

Street Improvements $ 462,500 $ 1,125,000 $ 1,125,000 $ – $ (1,125,000)
TOTAL $ 462,500 $ 1,125,000 $ 1,125,000 $ – $ (1,125,000)

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