Page 272 - CityofMansfieldFY24Budget
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Multi-Year Summary
Utility Construction
Funding for projects in FY 2023-2024 will come from impact fees, cash on hand, and bonds. Debt in the
amount of $48 million will be issued in FY 2023-2024 to fund the Water Treatment Plant expansion. The
funding for utility improvements in future years will be evaluated annually to determine the amount of
debt needed to be issued as population growth continues. Design for a second Water Treatment Plant is
tentatively slated for FY 2027-2028.
Approximately $118,322,663 in utility improvements is estimated over the next 5 years.
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