Cities use capital project funding to improve city roads

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The cities of Grapevine, Colleyville and Southlake recently adopted annual budgets that will help each city accommodate for growth and aging facilities. Transportation remains a top project for each of the cities, with most of a city’s improvement funds going to road projects and transportation initiatives.

Capital improvement project, or CIP, funds are approved in a city’s annual budget and include the anticipated capital project costs for the next five fiscal years. Colleyville Assistant City Manager Adrienne Lothery defined a CIP for Colleyville as a project with a budget of at least $50,000 and with a useful life of at least five years.

Colleyville and Southlake adopted CIP budgets funded with cash in the fiscal year 2018-19 budget, and Grapevine has funded most of its capital projects through bond sales.

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Miranda Jaimes
Miranda has been in the North Texas area since she graduated from Oklahoma Christian University in 2014. She reported and did design for a daily newspaper in Grayson County before she transitioned to a managing editor role for three weekly newspapers in Collin County. Now she's in Tarrant County, mostly, and has been an Impacter since 2017 as the editor of the Grapevine/Colleyville/Southlake edition.
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