Mayor Mattie Parker, City of Fort Worth | City of Fort Worth website
Mayor Mattie Parker, City of Fort Worth | City of Fort Worth website
When a new Fiscal Year budget is presented to the City Council, City staff simultaneously includes an updated five-year Capital Improvement Program. This year was no different, as the 2025-2029 program of proposed capital spending is included in the recommended budget book released on August 13.
The FY2025-2029 program places costs of the numerous projects at just under $3.8 billion, with the Water Utility accounting for $2 billion in spending. The City intends to spend $814 million on capital expenditures in FY25.
The document serves as a playbook for the work the City intends to undertake in the current fiscal year and outlines plans for the following four years. The work involves construction of facilities, infrastructure, other assets, and maintenance.
The CIP must coincide with the City’s Comprehensive Plan and overall City goals and vision. The projects must also be funded and evaluated to ensure infrastructure maintenance and investment are equitably distributed.
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