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 December 31, 2025 and providing an effective date.
Action Requested:
Consider a resolution receiving the Keller Quarterly Financial Report for period ending December 31, 2025 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 December 31, 2025, year-to-date operating revenues are $26,341,113 or 24.4% of budget and operating expenditures are $19,542,098 or 17.6% of budget. In the General Fund, revenues are $10,689,361 or 23.3% of budget and expenditures are $10,126,115 or 21.4% of budget. In the Water-Wastewater Utility Fund, revenues are $8,505,766 or 26.3% and expenditures are $4,272,224 or 13.3%. 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 February 3, 2026.
Alternatives:
City Council has the following alternatives:
- Approve as submitted
- Approve with changes
- Denial
Council Action:
Staff recommends approval as submitted.