Page 265 - CityofMansfieldFY25Budget
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Multi-Year Summary
Utility Construction
Funding for projects in FY 2024-2025 will come from impact fees, cash on hand, and bonds. Debt in the
amount of $48 million was issued in FY 2023-2024 to fund the Water Treatment Plant expansion. The
funding for utility improvements in future years will be evaluated annually to determine the amount of
debt needed to be issued. Design for a second Water Treatment Plant is tentatively slated for FY 2027-
2028.
Approximately $126,816,853 in utility improvements is estimated over the next 5 years.
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