Page 363 - Keller Budget FY21

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 2020-21
FY 2018-19 FY 2019-20 FY 2019-20 Proposed Budget
REVENUES: Actual Budget YE Proj. Budget Variance ($)
Roadway Impact Fees $ 619,249 $ – $ 427,886 $ – $ –
Interest Earnings 143,761 – 100,971 – –

TOTAL $ 763,010 $ – $ 528,857 $ – $ –

EXPENDITURE SUMMARY

FY 2020-21
FY 2018-19 FY 2019-20 FY 2019-20 Proposed Budget
EXPENDITURES BY DIVISION: Actual Budget YE Proj. Budget Variance ($)

Street Improvements $ 1,125,000 $ – $ – $ – $ –
TOTAL $ 1,125,000 $ – $ – $ – $ –

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