Page 73 - CityofKellerFY25Budget

Keller Crime Control and Prevention District Fund

FY 2024-25 Revenues $2,466,587
Compared to $ Growth % Growth
FY 2023-24 Budget $21,472 0.9 %
FY 2023-24 Projection $(247,321) (9.1) %

FY 2024-25 Expenditures $3,036,281
Compared to $ Growth % Growth
FY 2023-24 Budget $(4,102,878) (57.5) %
FY 2023-24 Projection $(4,139,710) (57.7) %

Revenues – Expenditures $(569,694)

The Keller Crime Control Prevention District Fund, created in FY 2001-02, is supported by the voter-
approved crime control district 1/4-cent sales tax option. The fund is used for ongoing expenditures such
as software and accreditation costs; one-time expenditures such as vehicles and building repairs; and
the debt payments for the Police Station, and will fluctuate from year to year based upon capital
expenditure needs. The FY 2024-25 budget includes the continued funding of the police station
renovation project for $570,000, the purchase of replacement vehicles at $566,894, and body and fleet
cameras for $215,000. The renovations continue the reconstruction of 6,000 square feet, build a 1,000-
square-foot addition, upgrade 16,000 square feet of finish-outs, and add staff parking. The project is
anticipated to be completed in late 2024 or early 2025. FY 2023-24 included the transfer of $4.5 million
for police station renovations.

Debt Service Fund

FY 2024-25 Revenues $ 3,857,873
Compared to $ Growth % Growth

FY 2023-24 Budget $ (203,723) (5.0) %
FY 2023-24 Projection $ (309,477) (7.4) %

FY 2024-25 Expenditures $ 3,562,746
Compared to $ Growth % Growth
FY 2023-24 Budget $ (433,846) (10.9) %
FY 2023-24 Projection $ 339,760 10.5 %

Revenues – Expenditures $ 295,127

The Debt Service Fund is funded through the collection of the interest and sinking portion of the tax rate,
which is adopted to be $0.043500/$100. The levy is used to fund debt that has been issued by the city
for general purposes and anticipated to be funded through tax dollars. For FY 2024-25, the city is not
anticipating issuing any debt.

71