Page 18 - CITY OF AZLE, TEXAS

Shelter ($4,000,000), Vehicle Maintenance Facility ($4,000,000), a second fire station
($12,000,000) as well as a replacement ladder truck ($2,400,000) for the Fire Department.

For the Utility Capital Projects Fund there is a planned $450,000 transfer from the Utility Fund to
assist with a variety of capital projects including the FM 730 Elevated Storage Tank
Rehabilitation Project ($395,000); the Walnut Creek Lift Station Upgrade ($900,000), the Walnut
Creek Force Main Upgrade ($1,500,000), and the Avondale Lift Station Project – CDBG (in
process - $50,000 remaining). The ending balance is expected to $3,483,754.

Summary

While the national and regional economies continue to recover, the City still faces many
challenges. The cost of providing City services is rising very quickly. These rising costs will
also negatively effect the still active new home construction, as will elevated interest rates. As
always, Staff will keep a close eye on the economy and stay prepared to respond to changes as
they come. Staff has made every effort to create a budget that will provide the services our
citizens have come to expect and Staff will continue to seek improvements where they can be
found. Furthermore, it is important to take a cautious approach in the coming year while at the
same time intensifying our efforts to attract new businesses to Azle.

Respectfully submitted,

Thomas J. Muir
City Manager

City of Azle FY 2024-2025 Budget 8