Page 32 - Westworth Village FY21 Budget
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CAPITAL FUND
This account is funded by Texpool interest (city invested funds), alleyway
reimbursement payments, TAP grant reimbursements, as well as transfers from
the street fund, storm water fees, and gas well royalties. Expenses for capital
improvement projects are typically planned in advance, complying with the city’s
approved long-range plans and with city council approval, unless an emergency
repair is required. Since there have been no capital improvement projects in the
prior two fiscal years, $350,000 has been added to cover the cost of materials to
resurface Roaring Springs Road, using Tarrant County’s roadway assistance
program.
Capital Fund Overview
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