Page 60 - FY 24 Budget Forecast at Adoption.xlsx

Intragovernmental Revenue: FY 2023-24 Budget $1,688,686
% of Fund Revenue 3.8 %

Compared to $ Growth % Growth
FY 2023-24 Budget $84,357 5.3 %
FY 2023-24 Projection $84,357 5.3 %

Intragovernmental revenue includes transfers for administrative services from the Water and Wastewater
and Keller Development Corporation funds. Transfers are based upon prior-year actual expenditures and
a set ratio of estimated departmental activity for that fund. The transfers will increase or decrease annually
as activity in the General Fund departments change. In addition, the transfers include a Payment In Lieu
of Taxes (PILOT), and the transfer amount increases or decreases as the Water and Wastewater Fund
revenue and asset value increases or decreases.

Intergovernmental Revenue: FY 2023-24 Budget $4,329,925
% of Fund Revenue 9.9 %

Compared to $ Growth % Growth
FY 2022-23 Budget $502,305 13.1 %
FY 2022-23 Projection $248,118 6.1 %

Intergovernmental revenue includes revenues from the Town of Westlake of $1,208,277 for police
operation services which includes a dedicated school resource officer(SRO) for West Lake Academy;
from the City of Southlake of $1,370,988 for combined jail, communications and animal adoption services;
from the City of Colleyville of $1,114,539 for combined jail, communications and animal adoption
services; from the City of Roanoke of $238,624 for combined jail and animal control services; and
reimbursements from the Keller Independent School District of $397,497 for funding of school resource
officers (SRO) at Keller High School, Keller Junior High, Keller Center for Advanced Learning, and Bear
Creek Intermediate School.

Other Revenues: FY 2023-24 Budget $ 519,044
% of Fund Revenue 1.2 %
Compared to $ Growth % Growth
FY 2022-23 Budget $354,461 215.4 %
FY 2022-23 Projection $(717,473) (58.0) %

Other Revenues include interest revenue, miscellaneous revenue and rebates, and public art donations.
These vary depending on interest rates and various donations. Year-end projections and FY 2023-24
Adopted revenue reflect a three-year-trend approach to budgeting interest income and reflect a decrease
in return on investments, despite current year growth.

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