Page 307 - Southlake FY23 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 2023 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 2023-2027 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.

FY 2023-2027 cIp all Funds operatIonal Impact
(all projects)

MAINTENANCE PERSONNEL

$1,200,000

$1,000,000

$500,000
$500,000
$800,000

$600,000

$400,000
$- $612,900 $638,900

$200,000 $-
$320,400
$- $194,700

$81,800
$-
FY 2023 FY 2024 FY 2025 FY 2026 FY 2027

306 FY 2023 City of Southlake | BUDGET BOOK
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