Page 375 - Southlake FY22 Budget

CAPITAL IMPROVEMENTS PROGRAM (CIP)

imPaCT On OPeraTing BudgeT

Annual operating costs can include personnel, scheduled repair and maintenance, and utilities in the case of buildings.
These operating cost estimates are developed by the project managers during the project development process and
estimates are included on each project information sheet. To prepare for the future and avoid shortfalls, the City uses
the annual operating cost estimates to plan and develop future budgets.

The full operating impact of the five-year Capital Improvements Program has been factored into the City’s forecasting
and multi-year financial plans and will be integrated into future budgets once those projects are completed and in
operation. As shown in the table to the right, for the FY 2022 Capital Budget, the bulk of these out-year costs can
be attributed to personnel and maintenance related to roadway landscape maintenance and maintenance of an
urban enhancement project. The chart below shows the combined personnel and maintenance operating impact for
all projects in the FY 2022-2026 CIP. Note that for out years, the operating costs are refined as the project nears
completion. In the current Capital Budget, the opening of the new Library as well as the Municipal Service Center and
Public Safety Training Tower are driving costs in FY 2026. More information can be found on the project status forms.

CurrenT CaPiTal PrOjeCT sTaTus

For information about current projects, please visit the City’s website at www.CityofSouthlake.com/CIP.

fy 2022-2026 CiP all funds OPeraTiOnal imPaCT

MAINTENANCE PERSONNEL

$1,200,000

$1,000,000

$480,000

$800,000

$600,000

$40,000

$400,000

$658,500

$480,000
$200,000 $-
$-
$192,300
$146,800
$-
$- $-
FY 2022 FY 2023 FY 2024 FY 2025 FY 2026

374 FY 2022 City of Southlake | BUDGET BOOK
WWW.CITYOFSOUTHLAKE.COM