Page 82 - CityofKellerFY25Budget

FY 2024-25 Five-Year Operating Fund Outlook

The Keller Pointe Fund

FY 2025-26 FY 2026-27 FY 2027-28 FY 2028-29 FY 2029-30

Revenues
Charges for Service 3,475,264 3,579,522 3,686,908 3,797,515 3,911,440
Other Revenue 50,615 25,307 25,307 25,307 25,307
Total Revenue $3,525,878 $3,604,829 $3,712,215 $3,822,822 $3,936,747

Expenditures
Personnel services 1,749,833 1,811,077 1,874,465 1,940,071 2,007,974
Operations & 364,001 371,281 378,707 386,281 394,007
maintenance
Services & other 1,244,242 1,281,569 1,320,016 1,359,617 1,400,405
Capital outlay - - - - -
Future Anticipated 205,175 233,400 125,100 140,900 82,000
needs
Total Expenditures $3,563,251 $3,697,328 $3,698,288 $3,826,869 $3,884,386

Variance $(37,373) $(92,499) $13,927 $(4,047) $52,362

Five-Year Outlook Notes:

 The Pointe revenues were negatively impacted by COVID-19 during FY 2019-20 and into FY 2021-22. FY
2022-23 revenues reflected the beginning of normal usage and also included a 4% increase to membership
fees. Revenues going forward assume normal usage.
 FY 2025-26 through FY 2029-30 include various one-time building improvements and equipment
replacements that averages $149,965 per year.
 In addition to the annual improvements mentioned above, FY 2026-27 includes one-time costs of $100,000
for indoor pool filter replacement. The replacements will be reviewed to ensure the Pointe maintains fund
balance requirements.

80