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CIP AND CAPITAL PROJECTS FUNDS
The below summary lists the revenue sources for the five-year capital improvement plan. These
include cash funding, grants, bond issuances (General Obligation (GO) or Certificates of
Obligation (CO). If funding is not currently in place, the possible funding sources include “TBD”
to be determined. These are evaluated each year and updated in the CIP budget process.
SUMMARY OF REVENUE SOURCES FOR THE CAPITAL IMPROVEMENT PLAN
REVENUE SOURCES FOR CIP FUND AMOUNT FY22-23 FY23-24 FY24-25 FY25-26 FY25-26 FY25-26
CDBG/Revenues $900,000 $250,000 $50,000 $250,000 $50,000 $250,000 $50,000
Tarrant County Bond Grant Streets GENERAL FUND $4,000,000 $800,000 $3,200,000 $0 $0 $0 $0
2016 CO (6M) GENERAL FUND $656,069 $656,069
2017 CO (7.5M) W&WW $1,554,600 $1,554,600
2018 CO GENERAL FUND $1,877,120 $1,348,120 $0 $529,000
2019 CO W&WW $6,166,578 $4,420,678 $1,745,900
2020 CO GENERAL FUND $1,136,450 $500,000 $636,450
2021 CO GENERAL FUND $2,518,000 $2,518,000
2022 CO GENERAL FUND $3,165,000 $1,990,000 $1,175,000
2023 CO (TBD) GENERAL FUND $8,560,000 $8,560,000
2024 CO (TBD) GENERAL FUND $7,588,000 $7,588,000
2024 CO (TBD) W&WW $2,000,000 $2,000,000
2025 CO (TBD) GENERAL FUND $10,144,000 $10,144,000 $0 $0
2026 CO (TBD) GENERAL FUND $10,597,000 $10,597,000
2026 CO (TBD) W&WW $2,000,000 $2,000,000 $0
2027 CO (TBD) GENERAL FUND $11,442,000 $11,442,000
STORM DRAIN REVENUES STORM $6,413,200 $451,400 $1,331,300 $1,355,800 $426,700 $2,848,000 $0
EDC SALES TAX REVENUES TYPE B $0 $0 $0 $0 $0 $0 $0
REVENUES UTILITY & GF $900,000 $150,000 $150,000 $150,000 $150,000 $150,000 $150,000
ARPA PROJECTS ARPA FUNDS $2,993,000 $1,600,000 $1,393,000
GENERAL FUND REVENUE/GRANT GENERAL FUND $250,000 $50,000 $50,000 $50,000 $50,000 $50,000 $0
TO BE DETERMINED(TBD) WATER SEWER $5,253,600 $2,918,200 $304,400 $2,031,000
TO BE DETERMINED(TBD) STREETS $2,078,900 $0 $270,900 $1,808,000 $0
TO BE DETERMINED(TBD) DRAINAGE $0 $0
MAINTENANCE W&S & STREETS W&S REV/STREET MAINT $1,440,000 $240,000 $240,000 $240,000 $240,000 $240,000 $240,000
STREET MAINTENANCE (SALES TAX& GF) STREET MAINT-GF $4,800,000 $800,000 $800,000 $800,000 $800,000 $800,000 $800,000
CIP 2023-2028 $98,433,517 $14,810,867 $24,767,850 $12,962,800 $12,436,000 $20,774,000 $12,682,000
YEAR F I PLA
FY
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