Page 4 - Trophy Club FY22 Budget

replacement, are $12,079,026. Capital expenditures total $902,040 and include funds for the
replacement of a fire engine, 3 patrol vehicles, obsolete hand held radios for the Police Department and
the replacement of playground equipment at our Independence Park East. Capital purchases also
include the replacement of smaller capital purchases as presented in the Town’s Capital Replacement
Plan.

We are excited about the upcoming year for Trophy Club as we continue to see new businesses fill
Trophy Club Town Center, the development of our remaining residential properties and the possibilities
that come with the future development of the Trophy Wood District. The additions of HG SPLY CO,
Anamia’s Tex Mex, The Trophy Table, Starwood Café, and Blue 22 Sports Grill are making Trophy Club a
dining destination in our area that will only strengthen our growing sales tax revenues into the future.

The future for Trophy Club is bright and your staff will continue to remain fiscally responsible, while
seeking out and delivering on the desires of our elected officials and our citizens. Future budgets will
continue to become more and more streamlined being mindful that we will achieve buildout within the
next 3‐5 years. Thank you for putting your support and trust in me as Town Manager and our staff as we
continually strive for continual improvements in service delivery keeping Trophy Club “A Great Place To
Call Home”.

Wade L. Carroll

3 FY22 Approved Budget