Page 70 - FY 24 Budget Forecast at Adoption.xlsx

Personnel Services: FY 2023-24 Budget $3,594,777
% of Fund Expenditures 12.0%
Compared to $ Growth % Growth
FY 2022-23 Budget $ (51,593) (1.4) %
FY 2022-23 Projection $ 380,753 11.8 %

Like the General Fund, the Water and Wastewater Fund’s Adopted budget includes a 2.0% merit and
2.0% market increase for civilian employees. Water and Wastewater experienced vacancies during FY
2022-23 which is reflected in the increase in the projections and the decrease between budgets. All
increases will be implemented on October 1, 2023 for eligible employees.

Operations and maintenance: FY 2023-24 Budget $1,240,908
% of Fund Expenditures 4.1 %

Compared to $ Growth % Growth
FY 2022-23 Budget $(354,671) (22.2) %
FY 2022-23 Projection $(279,666) (18.4) %

Operations and maintenance budgets include expendable materials and operating supplies necessary to
conduct departmental activities. The budget is being decreased in various supplies and materials line-
items based upon historical spending and will have no impact to service levels. FY 2022-23 included a
one-time repair for $377,111.

Services and other: FY 2023-24 Budget $6,314,874
% of Fund Expenditures 21.1 %

Compared to $ Growth % Growth
FY 2022-23 Budget $1,027,372 19.4 %
FY 2022-23 Projection $703,490 12.5 %

Services and other expenditures include expenditures for professional services, utilities, liability
insurance premiums and other general expenditures. FY 2023-24 includes an increase cost of $295,000
for banking service/credit card processing fees, $180,000 for the replacement of a Vac-Tron, and
$345,196 for the PILOT/franchise admin fee due to FY23 revenues.

Wholesale Water Purchases: FY 2023-24 Budget $9,575,070
% of Fund Expenditures 32.0 %

Compared to $ Growth % Growth
FY 2022-23 Budget $(314,886) (3.2) %
FY 2022-23 Projection $(716,604) (7.0) %

The City of Keller purchases water from the City of Fort Worth and the projected cost is based upon a
five-year rolling consumption average multiplied by any rate change by Fort Worth. FY 2023-24 is based
upon the five-year average consumption multiplied by the Fort Worth rate decrease of 4.0%.

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