Page 32 - WestworthVillageFY25ApprovedBudget
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CAPITAL FUND
This account is funded by investments held in Texpool and TexStar, including interest, alleyway
reimbursement payments, TAP grant reimbursements, as well as transfers from the street fund,
storm water fees, and gas well royalties. Expenses for capital improvement projects are
typically planned in advance, complying with the city’s approved long-range plans and with city
council approval, unless an emergency repair is required. This fiscal year the city has planned
to resurface White Settlement Road, using the county interlocal agreement. The city pays for
the materials, while the county provides the labor and equipment.
Capital Fund Overview
Proposed Proposed Proposed Proposed Proposed
2025 2026 2027 2028 2029
Capital Revenue
Additional Revenue $ 2,000 $ 2,000 $ 2,000 $ 2,000 $ 2,000
Misc Revenue $ 435,000 $ 485,000 $ 485,000 $ 485,000 $ 535,000
Total Revenue $ 437,000 $ 487,000 $ 487,000 $ 487,000 $ 537,000
Capital Expenses
Professional Service $ 60,000 $ 60,000 $ 60,000 $ 60,000 $ 60,000
Capital Projects $ 300,000 $ - $ - $ - $ -
Total Expenses $ 360,000 $ 60,000 $ 60,000 $ 60,000 $ 60,000
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