Fiscal Year Budget - 2022
Capital Projects, Growth and More
Capital Projects
As the community continues with expansive growth, Fiscal Year 2021-22 is marked as the year of capital projects. The City is undertaking a host of capital projects to include park improvements in downtown and on our south side, a new major water pumping station and ground storage tank, a new sewer plant expansion design in partnership with NTMWD and the City of Royse City, a series of critical drainage projects, and a surge in preventative street maintenance designed to defend our pavement and manage future costs by providing better maintenance.
To fund Joe Burger Park and the construction of several key road ways, voters approved two bonds. The City issued a General Obligation Parks Bond for $3.25M to finance a southside park. Another General Obligation Road Bond was issued in July for $15M for thoroughfare improvements For an update on the bond projects visit this link.
New City Staff Positions
Twelve (12) new positions were approved to enable the City to continue to provide quality services to our fast-growing town and assist the existing staff as we work toward the Council’s desire to get important projects built and continue to provide high levels of service in Public Safety. In which, the City also received another award for the “safest city in Texas.”
Government Finance Officers Association
The Government Finance Officers Association of the United States and Canada (GFOA) presented a Distinguished Budget Presentation Award to City of Fate, Texas for its annual budget for the fiscal year beginning 2021. In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as an operations guide, as a financial plan, and as a communications device. The City has received the award for eight consecutive years. We believe our current budget continues to
conform to program requirements, and was submitted it to GFOA.