Page 74 - CityofKellerFY25Budget

Street and Sidewalk Improvements Fund

FY 2024-25 Revenues $ 2,473,617
Compared to $ Growth % Growth
FY 2023-24 Budget $ 116,720 5.0 %
FY 2023-24 Projection $ (50,582) (2.0) %

FY 2024-25 Expenditures $ 2,905,414
Compared to $ Growth % Growth
FY 2023-24 Budget $ 300,000 11.5 %
FY 2023-24 Projection $ 300,000 11.5 %

Revenues – Expenditures $ (431,797)

The Street and Sidewalk Improvements Fund is used for reoccurring street and sidewalk maintenance
throughout the city. The fund is supported by a local sales tax option most recently reauthorized by the
voters in November 2023. Beginning in FY 2015-16, street maintenance funds were transferred to capital
projects to reflect project-life budgeting. For FY 2024-25, the fund will transfer $2,345,414 for Future
Street Reconstruction projects, and $550,000 for sidewalk improvements. In FY 2023-24, the fund
transferred $2,345,414 for the 2024 Street Reconstruction Projects, and $250,000 for the Bancroft/Spring
Branch Reconstruction.

Miscellaneous Other Operating Funds

Other special revenue funds account for 6.6% of operating revenues and operating expenditures. A
description and breakdown of each fund is available under the Special Revenue section.

FY 2024-25 FY 2024-25 Revenues -
Other Special Revenue Funds Revenues Expenditures Expenditures
Fleet Replacement $ 1,896,336 $ 3,896,611 $ (2,000,275)
Facility Replacement 310,653 187,500 123,153
Parks & Rec Special Revenue 399,767 381,326 18,441
TIRZ #2 415,836 - 415,836
PEG Fee 91,057 155,000 (63,943)
Court Special Revenue 97,406 58,462 38,944
Community Clean-Up 59,618 38,100 21,518

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