Page 379 - Southlake FY22 Budget

CAPITAL IMPROVEMENTS PROGRAM (CIP)

Planning and funding fOr fuTure CaPiTal PrOjeCTs

As mentioned previously, there is a strong connection between Southlake’s current comprehensive plan, Southlake
2030 and Southlake 2035, and the development of the CIP. Each plan includes recommendations that are structured
on a tiered implementation schedule (Tier 1: 1-3 years, Tier 2: 4-6 years and Tier 3: 7+ years). As such, departments
have identified all capital projects that are included in Southlake 2030 as recommendations and those projects have
been programmed not only into the upcoming Capital Budget but also throughout the remaining years and “beyond”
category of the CIP. The chart below shows a large amount of funding in the “beyond” years that can be attributed to
both Tier 2 and Tier 3 Southlake 2030 project recommendations related to mobility, storm water, and park projects.
As future Capital Budgets and plans are developed, projects shown in the “beyond” category will be moved forward
as funds become available.

CiP exPenses fy 2022 & BeyOnd

GENERAL FUND UTILITY FUND SPDC OTHER (IMPACT FEE FUNDS, PARK DEDICATION,
SWUS, CEDC, PUBLIC ART AND HOT)
$90,000

$80,000

$8,090
$70,000
1,000S OF DOLLARS $60,000

FUNDING IN $50,000 $40,740

PROJECT $40,000

$9,912 $6,719
$30,000
$5,536 $2,875
$5,300 $4,200 $3,668
$20,000 $3,200
$7,650 $7,400 $3,615
$26,463
$10,000 $18,307
$13,800 $14,526 $15,357

$0
FY 2023 FY 2024 FY 2025 FY 2026 BEYOND

Funding is represented in thousands of dollars (000s). Example: 3,776 = $3,776,000

378 FY 2022 City of Southlake | BUDGET BOOK
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