Page 347 - Southlake FY23 Budget

CAPITAL IMPROVEMENTS PROGRAM (CIP)

WATER

Funding Total Prior Beyond /
Project number FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 Total
Source Funding Unfunded
Repainting of Funding is planned to repaint the Florence Elevated Storage Tank. The paint on the water tower is from the original
the Florence
Elevated Storage construction in 2005, with an expected life of 20 years. Though inspections have identified minor deterioration on the interior,
these issues can be addressed individually. The interior and exterior coatings are still in good shape.
Tank
2022-37 Utility Fund $0 $0 $0 $300,000 $1,150,000 $0 $0 $1,450,000

Repainting of the
Dove Elevated Funding is planned to repaint the Dove Elevated Storage Tank. The paint on the water tower was applied in 2006.
Storage Tank

2022-39 Utility Fund $0 $0 $0 $0 $325,000 $1,200,000 $0 $1,525,000

Repainting of the
Bicentennial Park Funding is planned to repaint the Bicentennial Park Elevated Storage Tank. The paint on the water tower was applied in
2007.
Storage Tank
2022-40 Utility Fund $0 $0 $0 $0 $0 $350,000 $1,250,000 $1,600,000

12-inch Water
line along Randol Funding is planned for right of way, engineering design and construction to upsize an existing 8-inch water line to 12-inch
Mill Avenue from
Morgan Road to along Randol Mill Avenue from Morgan Road to Dove Road.
Dove Road

2022-33c Utility Fund $0 $0 $0 $0 $195,000 $2,175,000 $0 $2,370,000
Water
2022-33c Impact Fee $0 $0 $0 $250,000 $130,000 $0 $0 $380,000

Total $0 $0 $0 $250,000 $325,000 $2,175,000 $0 $2,750,000

12-inch Water
line along North
Peytonville from Funding is planned for right-of-way, engineering design and construction of a 12-inch water line along North Peytonville from
Concho Court to Southridge Lakes Parkway to increase capacity in this region and to compensate for development and
Concho Court to
Southridge Lakes growth.
Parkway
2022-36c Utility Fund $0 $0 $200,000 $250,000 $2,850,000 $0 $0 $3,300,000

Water
2022-36c $0 $0 $100,000 $0 $0 $0 $100,000
Impact Fee
Total $0 $0 $300,000 $250,000 $2,850,000 $0 $0 $3,400,000

Water Total $16,405,170 $2,555,000 $4,257,750 $10,955,000 $12,768,000 $5,020,000 $17,872,000 $69,832,920

346 FY 2023 City of Southlake | BUDGET BOOK
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