Page 3 - FY 24 Budget Forecast at Adoption.xlsx

As required by Section 102.007 of the Local Government

Code, the City of Keller is providing the following statement
on this cover page of its adopted budget:

This budget will raise more revenue from property taxes

than last year's budget by an amount of $166,466 which is
a 0.7 percent increase from last year’s budget. The property

tax revenue to be raised from new property added to the tax

roll this is $297,321.

The members of the governing body voted on the budget adoption as follows:

FOR: Mayor Armin Mizani, Mayor Pro Tem Ross McMullin, Shannon Dubberly, Sean
Hicks, Jessica Juarez, Tag Green, Chris Whatley
AGAINST: None
PRESENT and not voting: None
ABSENT: None

The Adopted Budget is based upon a tax rate of $0.31200

per $100 of valuation which is 12.00% lower than the FY
2022-23 tax rate. Below is a breakdown of tax rates and

changes from FY 2020-21 to FY 2023-24.

Tax Rate FY 2020-21 FY 2021-22 FY 2022-23 FY 2023-24
(Per $100)
Adopted $0.39500 $0.39500 $0.35450 $0.31200
No New Revenue $0.417588 $0.40622 $0.36028 $0.31977
Voter-Approval $0.416278 $0.40626 $0.37456 $0.33245
Homestead 14% 20% 20% 20%
Exemption

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