Page 267 - CityofWataugaAdoptedBudgetFY24

CIP AND CAPITAL PROJECTS FUNDS

The following table shows the City’s 5-year Capital Improvement Projects Plan:

FUNDING
SOURCE FY22-23 FY23-24 FY24-25 FY25-26 FY26-27 FY27-28
PROJECTS Location REMAINING COST PROJECTED BUDGET FORECAST FORECAST FORECAST FORECAST
PARKS $2,144,000 $640,000 $475,000 $1,029,000 $0 $0 $0
Pole Barn - Parks Parks Facility Linda Drive $180,000 2020 CO $180,000
Whitesbranch Creek Trail Park Vista $250,000 2018 CO $250,000
Playground Equipment Hillview, Hector Garcia, Capp Smith $160,000 2022 CO $160,000
Foster Village Park $80,000 2022 CO $80,000
Park Vista - Site Project and Playground Equipment Park Vista $529,000 2018 CO/REV $529,000
Foster Village Park Renovation & Eng/Needs Asssessment Foster Village Park $325,000 2022 CO/REV $30,000 $295,000
Trail Lights (Solar) City-wide $500,000 TBD 2024 CO $500,000
Site Amenities Improvements City- wide $120,000 2018 CO $120,000
BUILDING IMPROVEMENTS $900,000 $20,000 $880,000 $0 $0 $0 $0
Fleet Bldg. Expansion & Parking Lot Virgil Anthony $900,000 2022 CO $20,000 $880,000
ECONOMIC DEVELOPMENT PROJECTS $456,450 $0 $456,450 $0 $0 $0 $0
Food Business Site Capp Smith Park $456,450 2020 CO $0 $456,450
DRAINAGE $7,213,200 $1,251,400 $1,331,300 $1,355,800 $426,700 $2,848,000 $0
Whitley Rd. 4 (Drainage Portion) Concord to Oakhill $271,000 Storm Drain $271,000
Bunker Hill $1,559,100 Storm Drain $203,300 $1,355,800
Whitley Rd. 5 Starnes to North Tarrant $1,128,000 Storm Drain $1,128,000
Echo Hills Bristol Square (New) $3,274,700 Storm Drain $426,700 $2,848,000
Park Vista Drainage/Ft. Worth Park Vista $800,000 ARPA $800,000
Drainage Master Plan $180,400 Storm Drain $180,400
STREET PROJECTS $66,212,089 $5,634,189 $15,278,000 $8,088,000 $11,414,900 $13,405,000 $12,392,000
Hightower Road Denton Hwy to Rufe Snow
Phase I 377 to Echo $15,116,000 TBD 2022/2023/2024 $1,700,000 $6,328,000 $7,088,000
Phase 2 - 5 (future) $0 TBD
Watauga Road Phase TBD 2023-2028 CO
Phase 1 W City Limits to W RR ROW $11,290,000 TBD2023 $2,232,000 $9,058,000 $0
Phase 2 East US377 ROW to 120' $10,613,000 TBD2025/26 $1,086,000 $9,527,000
Phase 3 120' West of Patsy Ln $1,070,000 TBD2026/27 $1,070,000
Phase 4-5 (future) Maurie to Skylark - to E City $11,442,000 TBD2027/28 $11,442,000
Whitley Rd. 4 Concord to Oakhill $2,934,189 2016/2018/2020 CO $2,934,189
Whitley Rd. 5 Starnes to North Tarrant $5,718,000 2020, 2021 CO & TC $5,718,000
Echo Hill Bristol Square $2,078,900 TBD $270,900 $1,808,000
Green Ribbon Project (2-7) 377 Corridor (ANNUAL) $250,000 ENG/GRANT FUNDING $50,000 $50,000 $50,000 $50,000 $50,000
Sidewalks Multiple Locations (ANNUAL) $900,000 GF Revenues/CO $150,000 $150,000 $150,000 $150,000 $150,000 $150,000
Overlays Annual Determination $4,800,000 Street Maint/Revenues $800,000 $800,000 $800,000 $800,000 $800,000 $800,000
WATER & WASTEWATER PROJECTS $20,067,778 $7,025,278 $6,107,100 $2,250,000 $354,400 $4,281,000 $50,000
CDBG Projects Annual Determination $900,000 CDBG/Rev $250,000 $50,000 $250,000 $50,000 $250,000 $50,000
Whitley Rd. 4 (Water Portion) Concord to Oakhill $1,554,600 2017 CO $1,554,600
Whitley Rd. 5 (W&WW) Starnes to North Tarrant $1,643,000 TBD- WATER $1,643,000
Group 1 W&S Multiple Locations $2,472,630 2019 CO $2,472,630
Group 2 W&S Multiple Locations $1,745,900 2019 CO $1,745,900
Group 3 W&S ($1.393 ARPA) Summertime $2,668,200 ARPA/2019 CO $2,668,200
Group 4 W&S Multiple Locations $1,909,150 2019 CO $1,909,150
Group 5 SSES Multiple Locations $38,898 2019 CO $38,898
AMI Project - Estimate underway City-wide
Echo Hills Bristol Square (New) $2,335,400 TBD - WATER $304,400 $2,031,000
Various Water and/or Sewer Projects Multiple Locations $2,000,000 TBD - 2024 CO $2,000,000
Various Water and/or Sewer Projects Multiple Locations $2,000,000 TBD - 2026 CO $2,000,000
Lead Pipe Identification City Wide $800,000 ARPA $800,000
$96,993,517 $14,570,867 $24,527,850 $12,722,800 $12,196,000 $20,534,000 $12,442,000
MAINTENANCE W&S & STREETS $1,440,000 W&S Rev/ST $240,000 $240,000 $240,000 $240,000 $240,000 $240,000
GRAND TOTAL $98,433,517 $14,810,867 $24,767,850 $12,962,800 $12,436,000 $20,774,000 $12,682,000

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