To: Aaron Rector, City Manager
From: Bryan Rebel, Chief Financial Officer
Subject:
Title
Consider a resolution receiving the Keller Quarterly Financial Report for period ending September 30, 2025 (unaudited) and providing an effective date.
Action Requested:
Consider a resolution receiving the Keller Quarterly Financial Report for period ending September 30, 2025 (unaudited) and providing an effective date.
Background:
The Keller Quarterly Financial Report provides an update on actual operating revenue and expenditure activity in comparison to budget. As of September 30, 2025, year-to-date operating revenues are $108,871,404 or 102.0% of budget and operating expenditures are $110,381,380 or 94.2% of budget. In the General Fund, revenues are $46,368,153 or 101.2% of budget and expenditures are $49,768,526 or 96.4% of budget. In the Water-Wastewater Utility Fund, revenues are $31,623,452 or 103.2% and expenditures are $28,376,593 or 89.8%. Overall revenues and expenditures are in-line with expectations and follow prior year trends.
Citizen Input/Board Review:
The Keller Finance Committee reviewed and approved the financial report on January 6, 2026.
Alternatives:
City Council has the following alternatives:
- Approve as submitted
- Approve with changes
- Denial
Council Action:
Staff recommends approval as submitted.