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has graciously allowed the city to sweep salary savings for the past four years into this dedicated fund to
lay the foundation for a successful program.

As part of our benefits package, the City of Keller also participates in the Texas Municipal Retirement
System, which continues to be solidly funded at 86.1%. TMRS as a whole (as of Dec. 31, 2020) was 89.5%
funded. The city’s contribution rate will decrease effective Jan. 1, 2022, from 16.22% to 16.18%, for a fiscal
year blended rate of 16.19%.

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 2021‐22 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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