Page 17 - FY 24 Budget Forecast at Adoption.xlsx

Sept. 19, 2023

To the Honorable Mayor Mizani and Members of the City Council

Re: The Annual Budget for Fiscal Year 2023‐24

It is my privilege to present the FY 2023‐24 Adopted Budget. This budget represents months of
hard work from your budget team and department directors and continues our tradition of
conservative fiscal management paired with a commitment to our core values of excellence,
integrity, service, creativity and communication. As always, we remain focused on exploring new
opportunities to provide high levels of service to our citizens in an innovative and resourceful
manner.

In pursuit of continually honing and improving the city's services, City Council held a Strategic
Planning Workshop in March 2023 to revisit the five overall community goals that were first
discussed at the Strategic Planning workshop held in March 2021. This workshop resulted in six
community goals and an updated Strategy Map for the City of Keller. These six goals are:

1. Elevate Family Life
2. Attract Vibrant Development
3. Demonstrate Fiscal Discipline
4. Improve & Maintain Sound Infrastructure
5. Put People First
6. Expand Citizen Engagement

These goals — and the strategies and initiatives established by City Council to achieve them —
were integral to crafting the FY 2023‐24 Adopted Budget, helping ensure that it meets council's
vision for delivering excellent quality of life and safety to our citizens while mitigating their
property value increases through maintaining a low tax rate and maximum homestead
exemption.

The goals were also reaffirmed this year through a community survey completed by 2,015
residents, providing a 97.8% confidence level. According to survey results, residents are highly
satisfied with the city overall and believe we are headed in the right direction. We do not take
those results for granted, however. Our citizens' trust and confidence must be earned each year
with each project and throughout each day as we work to keep Keller Texas's Most Family‐
Friendly City.

I believe this budget reflects the vision of the City Council as discussed at the March 2023
Strategic Workshop and adopted at the Aug. 1, 2023 meeting, and this memo outlines the

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