Page 77 - Keller Budget FY21

FY 2020‐21 Five‐Year Operating Fund Outlook

Drainage Utility Fund

FY 2021‐22 FY 2022‐23 FY 2023‐24 FY 2024‐25 FY 2025‐26

Revenues
Drainage Utility 1,480,952 1,480,952 1,480,952 1,480,952 1,480,952
Fees
Charges for Service 1,492 1,522 1,553 1,584 1,615
Other Revenue 23,415 23,883 24,361 24,848 25,345
Total Revenue $1,505,859 $1,506,358 $1,506,866 $1,507,384 $1,507,913

Expenditures
Personnel Services 659,957 686,355 713,809 742,362 772,056
Operations & 181,915 185,553 189,264 193,050 196,911
Maintenance
Services & Other 472,765 481,907 491,229 500,734 510,426
Future Anticipated 425,000 325,000 ‐ ‐
needs
Total Expenditures $1,739,637 $1,678,816 $1,394,303 $1,436,146 $1,479,393

Variance $(233,778) $(172,458) $112,563 $71,238 $28,519

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 $425,000 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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