Page 58 - CityofKellerFY25Budget

Intragovernmental Revenue: FY 2024-25 Budget $1,722,459
% of Fund Revenue 3.8 %

Compared to $ Growth % Growth
FY 2023-24 Budget $33,773 2.0 %
FY 2023-24 Projection $33,773 2.0 %

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 2024-25 Budget $4,433,102
% of Fund Revenue 9.7 %

Compared to $ Growth % Growth
FY 2023-24 Budget $103,177 2.4 %
FY 2023-24 Projection $168,446 4.0 %

Intergovernmental revenue includes revenues from the Town of Westlake of $1,256,846 for police
operation services which includes a dedicated school resource officer (SRO) for West Lake Academy;
from the City of Southlake of $1,414,314 for combined jail, communications and animal adoption services;
from the City of Colleyville of $1,160,521 for combined jail, communications and animal adoption
services; from the City of Roanoke of $248,877 for combined jail and animal control services; and
reimbursements from the Keller Independent School District of $352,544 for funding of school resource
officers (SRO) at Keller High School, Keller Middle School, Keller Center for Advanced Learning, and
Bear Creek Intermediate School.

Other Revenues: FY 2024-25 Budget $1,343,888
% of Fund Revenue 2.9 %
Compared to $ Growth % Growth
FY 2023-24 Budget $824,844 158.92 %
FY 2023-24 Projection $(90,660) (6.32) %

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 the adopted
revenue for FY 2024-25 reflect a three-year-trend approach to budgeting interest income and reflect an
increase in return on investments.

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