Page 237 - CityofKellerFY25Budget

DRAINAGE UTILITY FUND

FUND DESCRIPTION:
The Drainage Utility Fund provides drainage utility services and drainage channel maintenance on public lands which is
funded thru a monthly drainage fee.

REVENUE SUMMARY

FY 2024-25
FY 2022-23 FY 2023-24 FY 2023-24 Adopted Budget
REVENUES Actual Budget YE Proj. Budget Variance ($)

Write Off Recovery $ (5,976) $ – $ (2,884) $ – $ –

Drainage Utility Fees 1,520,515 1,522,825 1,530,815 1,530,815 7,990
Miscellaneous Revenue – – – – –
Auction Proceeds – – – – –

Interest Revenue-Investments 71,612 31,450 103,332 103,332 71,882
Use Of Fund Balance 80,900 – – – –

TOTAL $ 1,667,051 $ 1,554,275 $ 1,631,263 $ 1,634,147 $ 79,872

EXPENDITURE SUMMARY

FY 2024-25
FY 2022-23 FY 2023-24 FY 2023-24 Adopted Budget
EXPENDITURES BY DIVISION: Actual Budget YE Proj. Budget Variance ($)
Drainage Maintenance $ 661,444 $ 1,116,371 $ 1,072,583 $ 1,240,823 $ 124,452

Capital Improvements 325,000 250,000 250,000 340,000 90,000

Non-Departmental 272,667 300,885 300,885 273,734 (27,151)

TOTAL $ 1,259,110 $ 1,667,256 $ 1,623,468 $ 1,854,557 $ 187,301

EXPENDITURES BY CATEGORY:
Personnel services $ 457,925 $ 694,479 $ 668,691 $ 710,351 $ 15,872
Operations & maintenance 56,067 146,400 134,800 144,600 (1,800)

Services & other 420,119 576,377 569,977 659,606 83,229
Transfers to other funds 325,000 250,000 250,000 340,000 90,000

Capital outlay – – – – –
TOTAL $ 1,259,110 $ 1,667,256 $ 1,623,468 $ 1,854,557 $ 187,301

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