Page 86 - CityofKellerFY25Budget

FY 2024-25 Five-Year Operating Fund Outlook

Drainage Utility Fund

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

Revenues
Drainage Utility 1,530,815 1,530,815 1,530,815 1,530,815 1,530,815
Fees
Other Revenue 77,499 38,750 38,750 38,750 38,750
Total Revenue $1,608,314 $1,569,565 $1,569,565 $1,569,565 $1,569,565

Expenditures
Personnel Services 735,213 760,946 787,579 815,144 843,674
Operations & 147,492 150,442 153,451 156,520 159,650
Maintenance
Services & Other 531,074 547,006 563,417 580,319 597,729
Future Anticipated 300,000 350,000 - - -
needs
Total Expenditures $1,713,779 $1,808,394 $1,504,446 $1,551,983 $1,601,053

Variance $(105,465) $(238,829) $65,118 $17,582 $(31,488)

Five-Year Outlook Notes:

 The Drainage Utility fee is a flat fee of $7 per month placed on residential utility bills. While the fee is
adopted annually, there are no plans at this time to increase the fee. As a result, any growth would come
from future development. Additionally, the fund will always have an operationally balanced budget and
meet any fund balance requirements as required by city financial policies.
 The FY 2025-26 budget includes a one-time transfer of $300,000 to the Drainage CIP for the Misty Oaks
Drainage project.
 The FY 2026-27 budget includes a one-time transfer of $350,000 to the Drainage CIP for the Pearson &
Stansbury Drainage project.
 While FY 2029-30 reflects a negative variance, it is based upon a 0% increase in drainage utility fee revenues
even though it has averaged about 1% growth the past five years. If the revenue continues to grow at that
annual rate, then the fund continues to show a positive variance (minus one-times) for all years.

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