Page 278 - Watauga FY22-23 Budget

CIP AND CAPITAL PROJECTS FUNDS

In the current year schedule, projects for FY2022-2023 total $21.6 million in capital projects (not
including capital equipment). Many of these projects are continuation of projects that began in
prior years. The $21.6 million is comprised of $8.3 million for street projects which include
Whitley Road phase 4 and 5, Hightower Road, signal crossings, and various street overlays and
sidewalks, $3.8 million in drainage projects, and $7.1 million in water and sewer projects. Other
improvement projects include the continuation of the Green Ribbon Project which will beautify
the 377 corridor. A food business park is funded by the Economic Development Corporation to
spur economic development.

The following table shows the City’s 5-year Capital Improvement Projects Plan:

FUNDING
SOURCE FY21-22 FY22-23 FY23-24 FY24-25 FY25-26 FY26-27
DEPARTMENT PROJECTS Location Cost TOTAL PY'S EXP REMAINING COST PROJECTED BUDGET FORECAST FORECAST FORECAST FORECAST
PARKS $1,893,000 $33,000 $1,860,000 $0 $880,000 $980,000 $0 $0 $0
Pole Barn - Parks Parks Facility Linda Drive $150,000 $0 $150,000 2020 CO $150,000
Whitesbranch Creek Trail Park Vista $283,000 $33,000 $250,000 2018 CO $250,000
Playground Equipment Foster Village Park/Hector $160,000 $0 $160,000 TBD 2022 CO $160,000
Hillview & Capp Smith $80,000 $0 $80,000 TBD 2022 CO $80,000
Park Vista - Playground Project Park Vista $400,000 $0 $400,000 2018 CO $400,000
Foster Village Park Renovation - Foster Village Park $200,000 $0 $200,000 TBD 2022 CO $200,000
Trail Lights (Solar) City-wide $500,000 $0 $500,000 TBD 2023 CO $500,000
Site Amenities Improvements City- wide - EDC $120,000 $0 $120,000 2018 CO $120,000
BUILDING IMPROVEMENTS $900,000 $0 $900,000 $0 $900,000 $0 $0 $0 $0
Public Works Fleet Bldg. Expansion & Parking Lot Virgil Anthony $900,000 $0 $900,000 TBD 2022 CO $900,000
ECONOMIC DEVELOPMENT PROJECTS $500,000 $43,550 $456,450 $0 $456,450 $0 $0 $0 $0
Econ.Development Food Business Site Capp Smith Park $500,000 $43,550 $456,450 2020 CO $456,450
Public Works DRAINAGE $6,465,960 $0 $6,465,960 $812,600 $3,763,560 $1,889,800 $0 $0
Whitley Rd. 4 (Drainage Portion) Concord to Oakhill $540,000 $0 $540,000 Storm Drain $540,000
Bunker Hill $2,200,000 $0 $2,200,000 Storm Drain $2,200,000
Whitley Rd. 5 Starnes to North Tarrant $300,000 $0 $300,000 Storm Drain $300,000
Sunny Brook South $8M FUTURE $0 $0 $0 TBD
Astor Heights $2,095,960 $0 $2,095,960 Storm Drain $206,160 $1,889,800
Blue Green Grey Project - Raingardens Hightower $90,000 $0 $90,000 ENG/GRANT FUNDING $13,000 $77,000
Park Vista Drainage/Ft. Worth Park Vista $800,000 $0 $800,000 TBD - ARPA $800,000
Drainage Master Plan $440,000 $0 $440,000 Storm Drain $259,600 $180,400
Public Works STREET PROJECTS $52,907,230 $2,377,406 $50,529,824 $4,804,832 $8,312,992 $8,328,000 $8,088,000 $9,960,000 $11,036,000
Chapman Road (future) Whitley to Brookdale $0 $0 TBD
Hightower Road Denton Hwy to Rufe Snow
Phase I 377 to Echo $15,116,000 $0 $15,116,000 TBD 2022/2023/2024 CO $1,700,000 $6,328,000 $7,088,000
Phase 2 - 5 (future) $0 $0 TBD
Watauga Road Phase
Phase I-2 $19,996,000 $0 $19,996,000 TBD 2022-2026 CO $1,000,000 $8,960,000 $10,036,000
Phase 4-5 (future) $0 $0 TBD
Whitley Rd. Ph. III (Paving & Misc.) Chapman to Concord $1,992,290 $1,588,570 $403,720 2016 CO $403,720
Whitley Rd. 4 Concord to Oakhill $3,037,000 $419,503 $2,617,497 2016 CO/2018 CO/2020 CO $2,617,497
Whitley Rd. 5 Starnes to North Tarrant $6,395,992 $0 $6,395,992 2020, 2021 CO & TC $783,000 $5,612,992
Bowie Street 377 to Plum $419,948 $369,333 $50,615 2018 CO $50,615
Green Ribbon Project (2-7) 377 Corridor (ANNUAL) $300,000 $300,000 ENG/GRANT FUNDING $50,000 $50,000 $50,000 $50,000 $50,000 $50,000
Sidewalks Multiple Locations (ANNUAL) $850,000 $850,000 GF Revenues/CO funding $100,000 $150,000 $150,000 $150,000 $150,000 $150,000
Overlays Annual Determination $4,800,000 $4,800,000 Street Maint 2 YEARS/2018 CO $800,000 $800,000 $800,000 $800,000 $800,000 $800,000
Public Works WATER & WASTEWATER PROJECTS $16,070,797 $2,377,406 $13,784,991 $2,328,080 $7,056,911 $50,000 $2,250,000 $50,000 $2,050,000
CDBG Projects Annual Determination $700,000 $700,000 CDBG/Rev $50,000 $250,000 $50,000 $250,000 $50,000 $50,000
Whitley Rd. 4 (Water Portion) Concord to Oakhill $1,533,000 $0 $1,533,000 2017 CO $148,690 $1,384,310
Meadowlark Lane East Meadowlark $1,706,387 $1,654,695 $51,692 2017 CO $51,692
Group 1 W&S Multiple Locations $1,878,000 $0 $1,878,000 2019 CO $1,126,800 $751,200
Group 2 W&S Multiple Locations $2,125,000 $255,000 $1,870,000 2019 CO $0 $1,870,000
Group 3 W&S Summertime $1,583,410 $190,009 $1,393,401 TBD - ARPA $0 $1,393,401
Group 4 W&S Multiple Locations $1,520,000 $0 $1,520,000 2019 CO $912,000 $608,000
Group 5 SSES Multiple Locations $225,000 $186,102 $38,898 2019 CO $38,898
Various Water and/or Sewer Projects Multiple Locations $2,000,000 $0 $2,000,000 TBD - 2024 CO $2,000,000
Various Water and/or Sewer Projects Multiple Locations $2,000,000 $0 $2,000,000 TBD - 2026 CO $2,000,000
Lead Pipe Identification City Wide $800,000 $0 $800,000 TBD - ARPA $800,000
Future Water/Wastewater Multiple Locations TBD
$78,736,987 $4,831,361 $73,997,226 $7,945,513 $21,369,913 $11,247,800 $10,338,000 $10,010,000 $13,086,000
MAINTENANCE W&S & STREETS $1,200,000 $0 $1,440,000 W&S Rev/ST $240,000 $240,000 $240,000 $240,000 $240,000 $240,000
GRAND TOTAL $79,936,987 $4,831,361 $75,437,226 $8,185,513 $21,609,913 $11,487,800 $10,578,000 $10,250,000 $13,326,000

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