Page 299 - Keller Budget FY21

STREET AND SIDEWALK IMPROVEMENTS FUND

FUND DESCRIPTION:
The Street/Sidewalk/Drainage Improvements fund is a recurring capital project fund, funded from the street maintenance sales
tax effective April 2004, developer sidewalk fees, street assessments and transfers from other funds. Street assessments are
generally transferred to the Debt Service Fund for retirement of debt issued to fund the related street improvement.
Expenditures are designated for street, sidewalk, and drainage improvements.

REVENUE SUMMARY

FY 2020-21
FY 2018-19 FY 2019-20 FY 2019-20 Adopted Budget
REVENUES Actual Budget YE Proj. Budget Variance ($)
City Sales Taxes $ 1,597,554 $ 1,622,069 $ 1,622,069 $ 1,622,069 $ –
Sidewalk Fees 16,000 38,651 6,406 11,346 (27,305)
Interest Revenue-Investments 8,731 7,143 10,293 7,143 –
Interest Revenue-Assessments – 104 – – (104)
TOTAL $ 1,622,286 $ 1,667,967 $ 1,638,768 $ 1,640,558 $ (27,409)

EXPENDITURE SUMMARY

FY 2020-21
FY 2018-19 FY 2019-20 FY 2019-20 Adopted Budget
EXPENDITURES BY CATEGORY: Actual Budget YE Proj. Budget Variance ($)
Personnel services $ – $ – $ – $ – $ –
Operations & maintenance – – – – –
Services & other – – – – –
Transfers to other funds 1,526,609 1,801,609 1,801,609 1,526,609 (275,000)
Capital outlay – – – – –
TOTAL $ 1,526,609 $ 1,801,609 $ 1,801,609 $ 1,526,609 $ (275,000)

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