Page 18 - CITY OF AZLE, TEXAS

Upgrade ($550,000), the Walnut Creek Force Main Upgrade ($1,500,000), the Avondale Lift
Station Project – CDBG ($150,000) and the Water System Fire Hydrant/Valve GIS Mapping
($20,000). The ending balance is expected to $3,176,000.

Summary

While the national and regional economies continue to recover, the City still faces many
challenges. The cost of providing City services is rising very quickly. These rising costs will
also negatively effect the still active new home construction, as will rising interest rates. As
always, Staff will keep a close eye on the economy and stay prepared to respond to changes as
they come. Staff has made every effort to create a budget that will provide the services our
citizens have come to expect and Staff will continue to seek improvements where they can be
found. Furthermore, it is important to take a cautious approach in the coming year while at the
same time intensifying our efforts to attract new businesses to Azle.

Respectfully submitted,

Thomas J. Muir
City Manager

City of Azle FY 2023-2024 Budget 8