Page 76 - Keller FY20 Approved Budget

Drainage Utility Fund

FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24 FY 2024-25

Revenues
Drainage Utility 1,466,270 1,466,270 1,466,270 1,466,270 1,466,270
Fees
Charges for Service 1,020 1,040 1,061 1,082 1,104
Other Revenue 23,415 23,883 24,361 24,848 25,345
Total Revenue $1,490,705 $1,491,194 $1,491,692 $1,492,201 $1,492,719

Expenditures
Personnel Services 648,067 667,509 687,534 708,160 729,405
Operations & 149,657 154,147 158,771 163,534 168,440
Maintenance
Services & Other 459,512 473,297 487,496 502,121 517,185
Future Anticipated 525,000 325,000 325,000 - -
needs
Total Expenditures $1,782,236 $1,619,953 $1,658,801 $1,373,815 $1,415,030

Variance $(291,530) $(128,759) $(167,109) $118,386 $77,690

Five-Year Outlook Notes:

 The Drainage Utility fee is a flat fee placed on utility bills that was recently decreased to $7 per month for
residential accounts. While the fee is adopted annually, there are no plans at this time to increase the fee.
As a result, any growth would come from future development. Additionally, the fund will always have an
operationally balanced budget and meet any fund balance requirements as required by city financial
policies.
 One-time CIP project transfers of $525,000 are included in FY 2020-21, $325,000 in FY 2021-22, and
$325,000 in FY 2022-23. The projects are listed on the Five-Year CIP plan.

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