Page 119 - CityofWataugaAdoptedBudgetFY24

BUDGET SUMMARY

▪ Software and policy update program
▪ Traffic safety enhancements
o Finance Department
▪ Technology upgrades to provide for a mobile work order program for
the Utility Billing
▪ Vehicle replacement for Utility Billing
o Information Technology
▪ Hardware and software replacements
▪ Fire department tablet replacements
o Parks and Recreation
▪ Trailer replacement
▪ Public Announcement system equipment
▪ Fitness equipment replacements
o Library
▪ Furniture and equipment replacements

Capital Projects - The City’s Capital Improvement
Plan (CIP) is a 5-year plan for public physical
improvements to include infrastructure such as
streets, water and sewer and drainage
improvements. In addition, parks and building
improvements are included in the CIP. The CIP
provides a forecast of funds available for capital
projects and identifies all planned capital
improvement projects and their estimated costs. A
detail of these projects can be found in the Capital Improvement section of this document.
Approximately $24.8 million in planned capital projects are included in this year ‘s budget
and include continuation of the Whitley Road Street project, the Hightower Road and
Watauga Road street projects, and various water and sewer and storm drain
infrastructure projects. Projects supported by the Economic Development Corporation
include a food business park at Capp Smith Park. Some projects will carry over from
FY2022-2023 and year-end projections are subject to change. Unused funds roll over
each year until the projects are completed. Capital equipment identified needs include
$1.12 million in vehicles, equipment, facility, and technology needs. More information
can be found in the Capital Outlay section of this document.

111