Ord 36-2022 Adopting the Five-Year Capital Improvement Plan for 2022-2023 09/06/2022 Ordinance No. 36-2022
Ordinance adopting the Five Year Capital Improvement Plan for the
Fiscal Year beginning October 1, 2022 and ending September 30, 2027
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS,
TEXAS, THAT:
1. The 2023-2027 Capital Improvement Plan, which includes budget estimates of
the revenues and expenses for completing capital projects outlined in this plan, as
submitted to the City Council by the City Manager and outlined in the attached Summary
of All Capital Project Costs, is hereby adopted and approved.
2. Project costs and associated funding sources listed in the 2022-23 fiscal year
of the Five-Year Capital Improvement Plan formulate the approved capital improvement
budget. Project costs and associated funding sources for the remaining fiscal years of
the Five-Year Capital Improvement Plan are for planning purposes only, and are not
approved for funding by Council adoption of this document.
PASSED AND APPROVED this the 6th day of September, 2022.
MAYOR
ATTEST:
)Can
City Clerk 1/
City of Wichita Falls, Texas
Summary of All Capital Projects
�� rrxaa From FY 2023 through FY 2027
Projected Financial Plan
FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 Total
Project Costs
Buildings&General Facilities 5 3.689.465 $ 7.000,040 $ 1,300.000 5 - $ - 5 11.989,465
Health 29.685 - - - - 29,685
Public Safety 2.496.615 - - - - 2,496,615
Information Technology 2.305.354 1,636,854 2,140.854 530,854 510,854 7,124,770
Parks and Recreation 2,841.867 14,429,691 4,834.519 9.882,354 6,000,000 37,988,431
Fleet Replacements 2.227.418 4,862,143 6,166.319 5.939,145 5,964,283 25,179,308
Airports - 12,243,076 3,250.000 3.253,000 3,000,000 21,743,076
Transit System 1,160.000 2,901,340 250.000 4.675,000 100,000 9,086,340
Traffic 1.041.014 1,606,629 1,356.629 606,629 606,629 5,217,530
Streets 4,655.860 4,840,000 2,530.000 2.530,000 2,530,000 17,085,860
Water&Sewer 8,834.200 26,468,000 12,435.000 6.800,000 6,795,000 61,332,200
Sanitation 5,055.123 3,608,939 7,303.957 4.406,825 4,667,406 25,042,250
Stormwater 8,311.500 4,200,000 2,300.000 3.060,000 3,000,000 20,871,500
MPEC 4,520.000 2,165,000 - - - 6,685,000
Total Project Costs $ 47,168,101 $ 85,961,672 $ 43,687,278 $ 41,680,807 $ 33,174,172 $ 251,872,030
Sources of Funding
General Operating Funds S 3.342.225 $ 6,506,629 $ 3,436.629 5 3.136.629 $ 3.136,629 5 19.558,741
General Fund(One-time) 7.489.999 - - - - 7,489,999
Information Tech.Oper.Funds 714.104 1,636,854 2,140.854 530,854 510,854 5,533,520
Information Tech Fund{One-time} 1,416.250 - - - - 1,416,250
Fleet Operating Funds 2,884.033 4,862,143 6,186.319 5.939,145 5,964,283 25,835,923
Sanitation Operating Funds 3,125.836 3,608,939 3,303.957 4.406,825 4,667,406 19,112,963
Sanitation Fund(One-time) 1,929.287 - - - - 1,929,287
Wateri5ewer Operating Funds 8,834.200 7,118,000 10,885.000 6.800,000 6,795,000 40,432,200
Stormwater Operating Funds 2,644.028 4,200,000 2,300.000 3.060,000 3,000,000 15,204,028
Stormwater Fund (One-time) 5,667.472 - - - - 5,667,472
Water Park Operating Funds 355.000 - - - - 355,000
ARPA Grant Program 5,518.800 11,800,000 3,300.000 - - 20,618,800
Federal Grant Funds 2,660.000 16,414,416 3,500.000 7.925,000 3,100,000 33,599,416
Venue Tax 381.000 715,000 - - - 1,096,000
Golf Course Fund 205.867 - - - - 205,867
Cemetery Perpetual Care Fund - 900,000 350.000 - - 1,250,000
Undetermined Funding Source - 28,199,691 8,484.519 9,882,354 6,000,000 52,566,564
Total Sources of Funding $ 47,168,101 $ 85,961,672 $ 43,687,278 $ 41,680,607 $ 33,174,172 $ 251,872,030
Combined 5 Year Estimated Funding Sources
0.44%
6.63% 0,50°
III .Operating Revenue
• Undetermined Funds
21
50.03% •Grants
One-time Funds
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f •Venue Tax Revenue Bonds
•Cemetery Perpetual Funds