Page 90 - CityofKellerFY25Budget

BUDGET ACTION SUMMARY

Water and Wastewater Fund
 Decrease of Fund Balance by 10.4%
o FY 2024-25 includes the use of Fund Balance of $450,000 for the Pearson Pump
Repair project and $450,000 for the Material Storage project.

Drainage Utility Fund
 Decrease of Fund Balance by 10.7%
o FY 2024-25 includes the use of Fund Balance of $300,000 for the Gabion Installation
Trails at Bear Creek project.

Keller Development Corporation Fund
 Decrease of Fund Balance by 15.4%
o FY 2024-25 includes the use of Fund Balance of $1.62M for the Sports Park
Revitalization project.

Street Improvement Fund
 Decrease Fund Balance by 22.8%
o FY 2024-25 includes the use of Fund Balance of $550,000 for the Keller Sidewalk
Improvement project.

Municipal Court Special Revenue Fund
 Increase Fund Balance by 12.4%
o Fund continues to increase technology funds for future technology replacements.

Public Education and Government Cable Franchise Fee Fund
 Decrease of Fund Balance by 11.3%
o FY 2024-25 reflects an anticipated increase in expenditures related to increases in
city-wide website subscription services and consulting services.

Tax Increment Reinvestment Zone
 Increase Fund Balance by 118.7%
o Additional funding is being added for future capital projects.

Fleet Replacement Fund
 Decrease Fund Balance by 49%
o FY 2024-25 includes the use of Fund Balance of $375,000 for a Sewer Camera Van,
$340,000 for a Street Sweeper, and $1.05M for a Fire Pumper.

Non-Financial Changes from Prior Year:

This section describes changes that impact either line items or department budget amounts, but have a
neutral impact on the overall budget and therefore are considered non-financial:

Not Applicable

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