Page 312 - FY 2023-24 ADOPTED BUDGET

Table 1.1

2024 Five-Year
Capital Improvement Program (CIP)

(City Council Approval - Dec. 7, 2023)
Fiscal Category Project Funding
Year Project Budget Status Source

Municipal Complex Voter Approved
Current (carryover from FY 2021-22) $23,760,523 Approved Bonds
Year
2023-24 Replacement of 2 Ambulances and $1,130,000 Tarrant County
Associated Onboard Equipment Approved ARP Act Funds

Year 1 Replacement of 2 Ambulances and $1,160,000 Tarrant County
2024-25 Associated Onboard Equipment Approved ARP Act Funds
Capital Asset
Year 2 Community
2025-26 Facilities and Public Works Dump Truck $175,000 Proposed Replacement
Equipment Fund
Year 3 Replace 7 Outdoor Warning Sirens $140,000 Capital Asset
Replacement
2026-27 Proposed
Fund
Year 4 Replace Playground Equipment at
2027-28 Castle Park and Robot Park $1,000,000 Proposed Park Funds

Year 5
2028-29 No Projected Projects N/A N/A N/A

Current 2024 Annual
Year $3,350,000 Approved General Fund
2023-24 Street Overlay Program

2025 Annual $3,350,000 General Fund
Street Overlay Program Proposed
Year 1
2024-25 Community
51 CDBG Project TBD TBD Development
st
Street TO BE DETERMINED Block Grant
Improvements
Year 2 2026 Annual
2025-26 Street Overlay Program $3,350,000 Proposed General Fund

2027 Annual $3,350,000 Proposed General Fund
Street Overlay Program
Year 3
2026-27 Community
53 CDBG Project TBD Development
rd
TO BE DETERMINED TBD Block Grant

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