Page 54 - CityofMansfieldFY24Budget

another 16,000 residents. The population growth in the last two decades has been robust.
The expected population increase over the next decade is 47,323 persons.

Capital Improvements

General Fund Improvements: $190,594,039
Water & Sewer Fund Improvements: $159,567,700

Most of the General Fund improvements are for the improvement of the City’s street
infrastructure and facilities. General Fund improvements will be funded through the
capital markets. The Water & Sewer Fund’s significant improvements are attributable to
the expansion of the water treatment plant and other infrastructure improvements. The
Water & Sewer Fund improvements will be funded through a combination of the capital
markets and cash. Impact fees are a significant resource used to offset the costs of these
future improvements and will be used as they are collected over the next ten years for
both activities.

Service Improvements & Operating Equipment

General Fund Personnel $ 10,686,047

Management has placed a priority on funding positions for the Public Safety Department
in anticipation of a growing population and the future need for a sixth Fire Station. The
Water & Sewer Fund expects to maintain existing levels of service personnel over the
next decade. Most of the capital equipment is for the replacement and addition to the
Public Safety vehicle inventory. The City will work to fund operating equipment on a
year-by-year basis. Typically, equipment is funded at approximately $3M to $4M per
fiscal year.

General Fund FTE

470
460
450
440
430
420
410
400
2024 2025 2026 2027 2028 2029 2030 2031 2032 2033

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