Page 22 - CityofRichlandHillsFY25AdoptedBudget

City of Richland Hills

FY 2025 Annual Budget
Five Year Capital Improvement Plan

Project Cost Budget Estimated Estimated Estimated Estimated
Funding Source Project Name Estimate FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 Total Cost
RHDC Sales Tax Fund

Kate Baker Park Restroom/Pavilion/Parking Impr ** $ 235,291 $ 235,291 $ - $ - $ - $ - $ 235,291
RHDC Sales Tax Fund Rosebud Park Restroom/Pavilion/Parking Impr ** $ 618,442 $ 618,442 $ - $ - $ - $ - $ 618,442

Capital Projects Fund Rosebud Park Restroom/Pavilion/Parking Impr ** $ 162,164 $ 162,164 $ - $ - $ - $ - $ 162,164
Street Impr Sales Tax
Fund Magnolia Park Drive reconstruction ** $ 1,840,000 $ 725,000 $ - $ - $ - $ - $ 1,840,000
Street Impr Sales Tax
Fund Glenview Drive reconstruction $ 9,920,000 $ 2,320,000 $ 1,900,000 $ 1,900,000 $ 1,900,000 $ 1,900,000 $ 9,920,000

Street Impr Sales Tax

Fund Oak Park Drive reconstruction $ 450,000 $ 450,000 $ - $ - $ - $ - $ 450,000

2023 Bond Issuance Jameson Street (Street Reconstruction) * $ 1,080,000 $ 1,080,000 $ - $ - $ - $ - $ 1,080,000
2023 Bond Issuance Joanne Court (Street Reconstruction) * $ 530,000 $ 530,000 $ - $ - $ - $ - $ 530,000
2023 Bond Issuance Mary Boaz Drive- 1 (Street Reconstruction) * $ 926,000 $ 926,000 $ - $ - $ - $ - $ 926,000
2023 Bond Issuance Mary Boaz Drive- 2 (Street Reconstruction) * $ 795,000 $ 795,000 $ - $ - $ - $ - $ 795,000

2023 Bond Issuance Brooks Avenue (Street Reconstruction) * $ 1,150,000 $ 1,150,000 $ - $ - $ - $ - $ 1,150,000

2023 Bond Issuance Oxley Drive (Street Reconstruction) * $ 1,680,000 $ 1,680,000 $ - $ - $ - $ - $ 1,680,000
2026 Bond Issuance Street Reconstruction (neighborhood streets) $ 6,000,000 $ - $ 6,000,000 $ - $ - $ - $ 6,000,000
2028 Bond Issuance Street Reconstruction (neighborhood streets) $ 6,000,000 $ - $ - $ - $ 6,000,000 $ - $ 6,000,000

Utility Fund Scruggs Storage Rehabiliation $ 174,475 $ 174,475 $ - $ - $ - $ - $ 174,475
Utility Fund Booth Ground Storage Rehabilitation $ 150,000 $ 150,000 $ - $ - $ - $ - $ 150,000

Utility Fund London Storage Rehabilitation $ 174,420 $ 174,420 $ - $ - $ - $ - $ 174,420
Oil & Gas Fund Hike & Bike Trailhead and trail connection $ 350,000 $ 350,000 $ - $ - $ - $ - $ 350,000

CCPD Fund Law Enforcement Center Improvements ** $ 150,000 $ 150,000 $ - $ - $ - $ - $ 150,000
ARPA Fund Water System Backup Power Generation ** $ 1,448,404 $ 200,000 $ - $ - $ - $ - $ 200,000

ARPA Fund Broadband Improvements ** $ 213,212 $ 213,212 $ - $ - $ - $ - $ 213,212

Strategic Initiative Fund Entry Markers $ 300,000 $ 300,000 $ - $ - $ - $ - $ 300,000

Total $ 34,577,408 $ 12,614,004 $ 7,900,000 $ 1,900,000 $ 7,900,000 $ 1,900,000 $ 33,329,004
* Includes water/sewer line replacements

** Fiscal Year 2024 Budget carry forward