Page 277 - CityofMansfieldFY23Budget

Multi-Year Summary
Utility Construction

Funding for projects in FY 2022-2023 will come from impact fees and cash on hand. No debt will be
issued in FY 2022-2023. The funding for utility improvements in future years will be evaluated annually
to determine the amount of debt needed to be issued as population growth continues along the southeast
and southwest corridors along Highway 360 and Highway 287. Debt will likely be issued in FY 2023-
2024 with the construction of the water treatment plant expansion.

Approximately $108,630,643 in utility improvements is estimated over the next 5 years.

273