Page 287 - CityofWataugaAdoptedBudgetFY25

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

Totals Thru Estimated FY 2025 FY 2026 FY 2027 FY 2028 FY 2029
FUNDING ANALYSIS
FY 2023 FY 2024 - - - - - - - - - - - - 5 Year Projection - - - - - - - - - - - - Total
2016 Certificate of Obligations 656,069 656,069
2017 Certificate of Obligations 885,339 820,670 1,706,009
2018 Certificate of Obligations 1,041,648 1,615,130 326,799 2,983,576
2019 Certificate of Obligations 1,091,287 5,588,536 1,503,700 8,183,523
2020 Certificate of Obligations 86,583 746,239 546,731 1,379,553
2021 Certificate of Obligations 673,380 -280,380 2,652,313 3,045,313
2022 Certificate of Obligations 704,667 2,089,333 240,000 3,034,000
2023 Certificate of Obligations 2,232,000 6,328,000 8,560,000
2024 Certificate of Obligations 5,600,000 5,600,000
TBD 2025 Certificate of Obligations 8,834,000 1,151,000 9,985,000
TBD 2026 Certificate of Obligations 260,000 10,798,000 11,058,000
TBD 2027 Certificate of Obligations 10,098,000 10,098,000
TBD 2028 Certificate of Obligations 1,134,000 10,006,000 11,140,000
TBD 2029 Certificate of Obligations 2,317,000 2,317,000
ARPA 906,000 2,311,049 3,217,049
Economic Development Corporation (EDC) 100,000 100,000
Storm Drain 226,099 554,609 3,495,200 2,848,000 7,123,908
General Fund Revenues (cash funded) 200,000 250,000 1,210,000 1,188,701 1,025,000 975,000 800,000 5,648,701
Water/Sewer Revenues (cash funded) 871,951 65,000 200,000 65,000 1,201,951
Tarrant County 390,000 2,807,000 3,197,000
Grant 800,000 800,000
CDBG Grant 295,800 250,000 250,000 200,000 995,800
TBD - WATER 304,400 2,031,000 2,335,400
TBD - WATER/SEWER 780,949 780,949
TBD - STREETS 270,900 1,808,000 2,078,900
TBD 112,600 758,000 870,600
FUNDING TOTALS 6,660,871 15,162,137 28,809,493 14,855,800 17,213,000 12,272,000 13,123,000 108,096,302

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