How is it Funded?
The Town's annual budget includes capital outlay, as approved by the Town Council.

Funding for Capital Outlay is from a variety of sources including, but not limited to: the General Fund, the Enterprise Fund (from your water bill), the Streets One-Third Cent Sales Tax, and Special Revenue Funds, such as: the Replacement Fund, the Highway Users Revenue Fund (HURF) (our allocation of the state "gas tax"), the Donation Fund, the Grant Fund, and the Development Impact Fee Fund (from the sales of new homes).

These funds may also receive funding from such sources as grants, bonds, loans, and cash reserves.

Show All Answers

1. What is Capital or CIP?
2. Examples of Projects:
3. How is it Funded?
4. How long does it take to build it?
5. How can I design or construct a Town project?