Page 131 - HaltomCityFY25Budget

City Of Haltom City Annual Budget, FY2025 Capital Project Funds

Fund Capital Project Funds Sales Tax Interest Transfers Intergovernmental Impact Fees Total

31 Street Reconstruction $3,300,000 500,000 3,800,000
32 Capital Improvements 650,000 650,000
35 Equipment Replacement 42,000 1,225,000 1,267,000
42 Water & Sewer Projects 800,000 4,000,000 3,329,000 8,129,000
44 Water & Sewer Impact Fees 90,500 - 475,000 565,500
46 Drainage Capital Projects 200,000 3,000,000 3,200,000
Total Revenues $3,300,000 $2,282,500 $8,225,000 $3,329,000 $17,611,500
Use of Fund Balance*/ Previously Issued Bonds** $37,731,128
Total Funding $55,342,628
*Bond issued in previous years for the new Law Enforcement Center, City Hall and North Park.
**Use of fund balance for Streets, Water and Sewer, and Drainage Projects.

Fiscal Year 2025 Capital Plan

The total of the capital projects planned in the Capital Projects Funds for FY2024 is $55,342,628

A matrix of the FY2024 expenditures is listed below:
Police Law
Vehicles / Water &
Fund Fund Streets Enforcemen City Hall Parks Drainage Total
Equipment Sewer
t Center
31 Street Reconstruction 600,000.00 13,763,000 $14,363,000
32 Capital Improvements 950,000 2,500,000 4,500,000 1,825,128 9,775,128
35 Equipment Replacement 1,239,500 1,239,500
42 Water & Sewer Projects 80,000 19,125,000 3,000,000 22,205,000
44 Water & Sewer Impact Fees 135,000 135,000

46 Drainage Capital Projects 7,625,000 7,625,000
Total $2,869,500 $13,763,000 $2,500,000 $4,500,000 $1,825,128 $19,260,000 $10,625,000 $55,342,628

Capital Expenditures and Impact on Operating Costs

The City’s capital improvement projects primarily involve recurring expenditures, focusing on the reconstruction and
replacement of aging infrastructure in its matured urban environment, including streets, water, sewer systems, and
facilities.

Notably, the completion of Fire Station #3 in 2022 and the relocation of the Senior Center to the newly renovated North
East Center incurred little to no impact on operating costs due to the absence of new staffing requirements. However, the
new Law Enforcement Center and City Hall projects are expected to be pose considerations for increased operational
costs. Future budgeting will involve assessing maintenance agreements, utilities, janitorial services, and other factors
associated with the new facilities. While bond proceeds cover these projects, building expenses will span multiple budget
years during construction phase.

Replacement of storm sewers, curb and gutters does not reduce the annual budget for maintenance. It does allow
these scarce dollars to be allocated to other projects for up to 15 years. Every mile of road in which the City rebuilds the
storm sewers, curb and gutter allows the City to shift nearly $40,000 in maintenance materials and labor to other needed
projects. Replacing worn and damaged water lines reduces lost water and increases customer billing.