Page 279 - Watauga FY22-23 Budget
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CIP AND CAPITAL PROJECTS FUNDS
Below shows the revenue sources for the five year capital improvement plan. These include
cash funding, grants, bond issuances (General Obligation (GO) or Certificates of Obligation
(CO). If funding is not currently in place, the possible funding sources include “TBD” to be
determined. These are evaluated each year and updated in the CIP budget process.
SUMMARY OF REVENUE SOURCES FOR THE CAPITAL IMPROVEMENT PLAN
REVENUE SOURCES FOR CIP FUND AMOUNT FY21-22 FY22-23 FY23-24 FY24-25 FY25-26 FY25-26
CDBG/Revenues $700,000 $50,000 $250,000 $50,000 $250,000 $50,000 $50,000
Tarrant County Bond Grant Streets GENERAL FUND $4,000,000 $800,000 $3,200,000 $0 $0 $0 $0
2016 CO (6M) GENERAL FUND $585,072 $585,072
2017 CO (7.5M) W&WW $200,382 $200,382
2018 CO GENERAL FUND $1,852,761 $1,082,761 $370,000 $400,000
2019 CO W&WW $5,306,898 $2,077,698 $3,229,200
2020 CO GENERAL FUND $3,019,442 $0 $3,019,442
2021 CO GENERAL FUND $3,584,310 $1,400,000 $2,184,310
2022 CO (TBD) GENERAL FUND $3,040,000 $2,960,000 $80,000
2023 CO (TBD) GENERAL FUND $7,828,000 $7,828,000
2024 CO (TBD) GENERAL FUND $7,088,000 $7,088,000
2024 CO (TBD) W&WW $2,000,000 $0 $2,000,000
2025 CO (TBD) GENERAL FUND $8,960,000 $8,960,000 $0
2026 CO (TBD) GENERAL FUND $10,036,000 $10,036,000
2026 CO (TBD) W&WW $2,000,000 $2,000,000
STORM DRAIN REVENUES STORM $5,575,960 $799,600 $2,886,560 $1,889,800
EDC SALES TAX REVENUES TYPE B $0 $0 $0
REVENUES UTILITY & GF $850,000 $100,000 $150,000 $150,000 $150,000 $150,000 $150,000
TBD - ARPA ARPA FUNDS $2,193,401 $2,193,401
GRANT/REVENUE GENERAL FUND $377,000 $50,000 $127,000 $50,000 $50,000 $50,000 $50,000
TO BE DETERMINED(TBD) BUILDING $0 $0
TO BE DETERMINED(TBD) STREETS $0
TO BE DETERMINED(TBD) DRAINAGE $0 $0 $0 $0
MAINTENANCE W&S & STREETS W&S REV/STREET MAINT $1,440,000 $240,000 $240,000 $240,000 $240,000 $240,000 $240,000
STREET MAINTENANCE (SALES TAX& GF) STREET MAINT-GF $4,800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000
CIP 2022-2027 $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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