Page 524 - ClearGov | Documents

City of Mansfield Annual Budget and Service Program Fiscal Year 2025-2026 Table of Contents

Multi-Year Building Construction Fund Summary

There are several large Building Construction Fund projects underway and/or scheduled to be
completed in FY 2025-2026. The anticipated completion date for the Mansfield City Hall facility is April
2027. Beyond that time, costs are unknown for the second phase of Geyer Commons and the city's
contribution to The Canals project, which will be the anchor of a new town center at the new City Hall
location.

The projected operational cost impact over the next five years is approximately $2.3 million. Annual
operating costs reflect utilities, building maintenance, custodial services, and other operational
support. Additionally, as these new and improved facilities come online, property and liability coverage
will need to be increased.

Page 522