Page 274 - CityofMansfieldFY23Budget

Multi-Year Summary
Street Construction

One third of the FY 2022-2023 Street Construction budget is actually for projects that were approved in
the FY 2021-2022 budget but start times were delayed. Approximately $17,758,000 in debt will be issued
in FY 2022-2023 for “new” projects.

Street improvements over the next 5 years are estimated to cost $126,867,160. The projects listed in
future years may change as priorities change, but City Council will have final approval during the budget
process.

Budget Budget Budget Budget Budget
Street Improvements 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 Total
Staffing Allocation 691,669 712,419 733,791 755,805 778,479 $ 3,672,163
Prior Year Funding 13,576,497 13,576,497
Completion of Approved FY 2021-2022 Projects 10,993,000 13,600,000 24,593,000
Walnut Creek Drive Bridge - Construction 300,000 300,000

North Street Bridge @ Walnut Creek 1,000,000 3,730,000 4,730,000
Summer Trail - Callender Road to Debbie Lane 600,000 600,000
Fort Worth - Walnut Creek Drive to Willow
and Live Oak - Dayton to Fort Worth 2,035,000 2,035,000
Traffic Signal - E. Broad Street @ Wisteria 750,000 750,000
Elizabeth Lane Reconstruction 1,000,000 1,000,000
Debbie Lane Median Opening @ Wal-Mart 230,000 230,000
Country Meadow, Lantern Ridge, Lantern Court 850,000 850,000
Dick Price Road 650,000 1,115,500 1,765,500
Heritage Parkway/National Parkway 350,000 3,300,000 3,650,000
Lone Star Additional Lanes 300,000 2,600,000 2,900,000

US 287 NB Frontage Road (SH 360 to Lone Star) 700,000 6,000,000 6,700,000
Brown Street (Broad to Elm), Elm Street (Brown to Smith) 2,100,000 2,100,000
Mitchell Road (Straumann to Sam Street) 340,000 340,000
Pond Street (Lake Street to Dallas) 50,000 300,000 350,000
Miscellaneous Street Construction 1,000,000 1,500,000 1,500,000 4,000,000
Debbie Lane Additional Lanes (Walnut Creek to US 287) 425,000 4,000,000 4,425,000
E. Broad Street Reconstruct/Add Lanes (Cannon Dr. to Matlock) 800,000 7,300,000 8,100,000

E. Broad Street Reconstruct/Add Lanes (Matlock to Fire Station) 900,000 8,900,000 9,800,000
North and South Holland Road Phase 2 1,150,000 7,700,000 8,850,000
E. Debbie Reconstruct/Add Lanes (Walnut Creek to Matlock) 1,300,000 12,600,000 13,900,000
Callender Road from US 287 to Debbie Lane 1,350,000 6,300,000 7,650,000

Total $ 32,026,166 $ 19,802,419 $ 22,554,291 $ 16,205,805 $ 36,278,479 $ 126,867,160
Street Construction Budget Budget Budget Budget Budget
Operational Cost 2022-2023 2023-2024 2024-2025 2025-2026 2026-2027 Total
Utilities 67,749 69,782 71,875 74,031 76,252 $ 349,213
Staffing 99,488 102,473 105,547 108,713 111,975 512,811
Operations & Maintenance 18,634 19,193 19,768 20,361 20,972 96,047
Total $ 185,871 $ 191,447 $ 197,190 $ 203,106 $ 209,199 $ 958,070

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