Page 292 - Watauga FY22-23 Budget

CIP AND CAPITAL PROJECTS FUNDS

Operating Impact: Savings are expected in decreased wastewater fees paid due to
prevention of inflow and infiltration into the system.

FY2022-2023 CDBG PROGRAM

❖ Description: Every even year, Watauga receives a Tarrant County Community
Development Block Grant (CDBG) that varies in amount, which we use to help fund a
project in a primarily (70% +) residential Census Block Group area that contains a defined
percentage of low to moderate income. The City submits an application to Tarrant County
in January, holds a public hearing by March, prepares the design late in the year and then
constructs the project in the next fiscal year. In 2023, the grant project will replace the
water line along the north side of Emerson Drive between Whitley Road and Maurie Drive.

Justification: Watauga uses these grants to supplement our funding to repair deficient
utilities and/or streets in order to develop viable urban communities within the City. The
Emerson Drive water main existing water line has been leaking and failing and needs
replacement.

Operating Impact: The CDBG program
is annually funded by a transfer from the
General Fund to the General Capital
Projects Fund or Utility Capital Project
fund and/or through Certificate of
Obligation proceeds.

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