Page 23 - Keller Budget FY21

funded. The city’s contribution rate will slightly increase effective Jan. 1, 2021, from 15.96% to 16.22% for
a fiscal year blended rate of 16.16%.

Due to a strong work safety approach and resulting reduction in severity of claims over the past three
years, Keller also continues to see success in our efforts to improve our Workers’ Compensation
experience modifier. This has resulted in a minimal rate increase of $1,135 in the adopted budget, even
with the proposed compensation increases. This rate increase can be attributed to changes in the state
legislature related to new coverage requirements for the Fire department.

In Summary

I would like to give a special thanks to our staff, particularly the Finance Department, for the hard work
and dedication they have shown in the development of the FY 2020‐21 Adopted Budget. I would also like
to thank the City Council for their continued vision and leadership. Without the dedication of everyone
involved, this budget would not be possible. I am confident that the adopted budget is structurally
balanced and supports sound fiscal and operational policies for today and in the future. The budget is not
merely made up of numbers, but is an expression of our council’s vision, and our citizens’ values and
aspirations.

Sincerely,

Mark Hafner
City Manager

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