Page 126 - Haltom City Budget FY21

CITY OF HALTOM CITY aNNUAL BUDGET, FY2021 CAPITAL PROJECT FUNDS

Fiscal Year 2021 Capital Plan

The total of the capital projects planned in the Capital Projects Funds for FY2021 is $21,022,932. The
Budget Summary of the Capital Projects Funds is listed below:

Adopted Projected Adopted
Fund Capital Project Funds Actual FY2019 FY2020 FY2020 FY2021
31 Street Reconstruction $2,201,010 $8,515,961 $5,734,470 $7,460,000
32 Capital Improvements 464,795 910,000 878,561 6,702,000
35 Equipment Replacement 1,573,897 29,000 498,120 850,000
42 Water & Sewer Projects 1,212,546 7,397,633 2,833,611 3,610,000
44 Water & Sewer Impact Fees 19,344 - 75,000 417,932
46 Drainage Capital Projects 92,906 1,795,609 817,705 1,983,000
Total Revenues $5,564,498 $18,648,203 $10,837,467 $21,022,932

A matrix of the FY2021 expenditures is listed below:

Vehicles / Water &
Fund Fund Equipment Streets Fire Station Parks Sewer Drainage Total
31 Street Reconstruction $0 $7,460,000 $0 $0 $0 $0 $7,460,000
32 Capital Improvements - - 6,100,000 602,000 - - 6,702,000

35 Equipment Replacement 850,000 - - - - - 850,000
42 Water & Sewer Projects - - - - 3,610,000 - 3,610,000

44 Water & Sewer Impact Fees - - - - 417,932 - 417,932
46 Drainage Capital Projects - - - - - 1,983,000 1,983,000
Total $850,000 $7,460,000 $6,100,000 $602,000 $4,027,932 $1,983,000 $21,022,932

Capital Expenditures and Impact on Operating Costs

Most of the capital improvement projects are recurring (reconstruction/replacement) expenditures since the City is a
matured city with aged streets, water and sewer systems. The City rarely adds new roads and or new infrastructure for
expansion. Most of the reconstruction expenditures on capital project do not have significant impact on operating cost.

For non-recurring (expansion) capital outlays, the impact upon operations of these improvements is reflected in the
additional cost of maintaining parks, streets and drainage systems.

Replacement of storm sewers, curb and gutters does not reduce the annual budget for maintenance. It does allow
these scarce dollars to be allocated to other projects for up to 15 years. Every mile of road in which the City rebuilds the
storm sewers, curb and gutter allows the City to shift nearly $40,000 in maintenance materials and labor to other needed
projects. Replacing worn and damaged water lines reduces lost water and increases customer billing. Each 1% of lost
water that is captured through capital outlay is worth about $90,000 at current commodity rates.

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