Katy City Council members discussed the creation of a capital improvement project fund at their Oct. 12 special City Council meeting.
Council members had a lengthy discussion about how the fund would be set up and the projects it would focus on.
"What I caution in budgeting for this is don't budget all the money because next year, a very urgent item might pop up, and we are going to wish that we didn't spend money," City Finance Director Andrew Vasquez said.
Council members agreed to meet individually with Vasquez to ensure each member thoroughly understands the process to implement a capital improvement project fund before reconvening as a group for a workshop to discuss what the implementation might look like.
