In the CIP covering the 2024-2028 fiscal years, City of Fort Worth detailed plans to spend $3.2 billion on capital projects, an increase of 16% from $2.8 billion in its 2023-2027 CIP. The current CIP has 134 line items, compared to 182 line items in the prior CIP. The table below breaks down City of Fort Worth’s planned capital spending by business area for its last two CIPs.
*Numbers are Rounded
Most Significant Increase in Water and Public Events Areas
There is a significant increase in the Public Events category going to the Fort Worth Convention Center Expansion (FWCC) project, which increased by $150 million in the recent CIP. The Water category also increased going to existing projects. On the other hand, Aviation decreases due to projects nearing completion, including Joint Reseal & Pavement Repair Phase 3.
Over $500 Million Programmed For Convention Center Expansion
The City of Fort Worth has three notable line items valued at over $100 million. The largest line item is the FWCC Expansion and Project Management, under the Public Events category, worth $606 million. This project provides more functional space, reduces overall maintenance/operating costs, and keeps the FWCC facilities competitive in the venue/entertaining market. In addition, the two line items belong to the Water category: the Wastewater Treatment Plants Bucket and Wastewater Collectors Bucket, worth $325 million and $267 million, respectively.
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