Page 93 - CityofKellerFY25Budget

GENERAL FUND OVERVIEW

FY 2024-25
FY 2022-23 FY 2023-24 FY 2023-24 Adopted Budget
Actual Budget YE Proj. Budget Variance ($)

REVENUE TOTAL $ 45,328,756 $ 44,131,048 $ 45,924,157 $ 45,805,604 $ 1,674,556

OPERATING EXPENDITURES 44,848,301 41,683,754 41,033,347 43,399,860 1,716,106
ONE-TIME EXPENDITURES - 2,666,971 2,666,971 6,894,874 4,227,903

EXPENDITURE TOTAL $ 44,848,301 $ 44,350,725 $ 43,700,318 $ 50,294,734 $ 5,944,009

VARIANCE $ 480,455 $ (219,677) $ 2,223,839 $ (4,489,130)

RESERVE FUND BALANCE 15,696,905 16,673,502 16,413,339 17,359,944 686,442

UNASSIGNED FUND BALANCE 15,257,763 14,061,489 16,765,168 11,329,433 (2,732,057)

TOTAL FUND BALANCE $ 30,954,668 $ 30,734,991 $ 33,178,507 $ 28,689,377 $ (2,045,614)

RESERVE AND UNASSIGNED ANALYSIS

% OF OPERATING EXPENDITURES 69.0% 73.7% 80.9% 66.1%
TARGET % LEVEL 35.0% 40.0% 40.0% 40.0%

General Fund Overview
55,000,000
50,000,000
45,000,000
40,000,000
35,000,000
30,000,000
25,000,000
20,000,000
15,000,000
10,000,000
5,000,000
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FY 2022-23 Actual FY 2023-24 Budget FY 2023-24 FY 2024-25
YE Proj. Adopted Budget
REVENUE TOTAL EXPENDITURE TOTAL TOTAL FUND BALANCE

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