TRWD Quarterly Financial Staff Update

General FundQuarterly Status Update

FY2021 General Fund RevenuesBudget vs Actual - 6/30/21

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

$18,000,000

$20,000,000

$22,000,000

$24,000,000

Taxes TIF Interest Income Reimbursable projectrevenues

FY21 Budget FY21 Actuals 6/30/21 FY21 Projected Revenues

FY2021 General Fund ExpendituresBudget vs Actual - 6/30/21

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

$18,000,000

Debt Service Capital Maintenance EnvironmentalStewardship

SystemImprovements

SupportServices

FY21 Budget FY21 Actuals 6/30/21 FY21 Projected Expenditures

Special Projects/ Contingency Fund

Quarterly Status Update

FY2021 Special Projects/Contingency FundRevenues Budget vs Actual - 6/30/21

$-

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

Oil and Gas Revenues Interest Income Revenues Other Income Revenues

FY21 Budget FY21 Actuals 6/30/21 FY21 Projected Revenues

$(200,000)

$(150,000)

$(100,000)

$(50,000)

$-

$50,000

$100,000

Oktoberfest &Fort Wurst

Rockin' theRiver

Fort WorthFourth

Trash Bashes Panther IslandIce Rink

Flyfest TroutStockings

MiscellaneousEvents

ProgramSupport

Budget Profit/ (Loss) Actual Profit/ (Loss) 6/30/21

FY2021 Special Projects/Contingency FundRecreation Events & Programming

Budget vs Actual - 6/30/21

Total FY21 Budgeted Loss – ($392,550) Total Actual Loss at 6/30/21 – ($44,289)

Events occurring after 6/30/21 Events occurring before 6/30/21

FY2021 Special Projects/Contingency FundRecreation InfrastructureBudget vs Actual - 6/30/21

Total FY21 Budgeted Profit – $541,935 Total FY21 Projected Profit– $493,776

$(300,000)

$(200,000)

$(100,000)

$-

$100,000

$200,000

$300,000

$400,000

WoodshedRestaurant

Coyote Drive-In Theatre

Twin PointsPark

EagleMountain Park

Panther IslandFacilities

Other Leases& Permits

Public Art &Signs

Trailheadmaintenance

LaGraveStadium

Budget Profit/ (Loss) Actual Profit/ (Loss) 6/30/21 Projected Profit/(Loss)

Revenue FundQuarterly Status Update

FY2021 Revenue Fund Revenues*Budget vs Actual - 6/30/21

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

Interest Income DWU Contributions Other Water Sales Leases/Concession& Misc

*Excluding Water Sales

FY21 Budget FY21 Actuals 6/30/21 FY21 Projected Revenues

FY2021 Revenue Fund Expenditures*Budget vs Actual - 6/30/21

$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

$35,000,000

$40,000,000

$45,000,000

Pumping Power Maintenance SystemImprovements

WatershedProtection andEnvironmental

Capital Support Services

*Excluding Debt Service

FY21 Budget FY21 Actuals 6/30/21 FY21 Projected Expenditures

Enterprise Fund Projects to be funded through Bond Funds Projects FY 2022 FY 2023 FY 2024 FY 2025 FY 2026Pump Room Cooling $2,075,000 $355,000

Acquifer Storage and Recovery $4,575,000 $1,000,000 $1,600,000

Chemical Feed Improvements $5,765,000 $5,700,000 $6,000,000 $2,000,000

Kennedale Balancing Reservoir Improvements $17,000,000 $16,000,000 $11,400,000 $4,100,000 $30,000,000

Eagle Mountain Spillway Seepage Cutoff $2,285,400

RC Embankment Phase 2 $1,500,000 $2,000,000 $1,000,000

CC Pipeline Replacements $500,000 $100,000 $10,000,000 $35,850,000 $31,400,000

Operations Facility $7,000,000 $2,000,000 $5,000,000 $2,000,000

Section 1D $500,000 $8,500,000 $9,500,000 $8,000,000

Section 1E (Rolling Hills Pipeline Parallel) $500,000 $2,500,000 $2,500,000

Cedar Creek Wetlands $22,000,000 $7,900,000 $10,500,000 $103,000,000 $86,000,000

Potential Future Reservoir $2,200,000 $3,500,000Total - Estimated Needs $62,200,400 $44,055,000 $58,000,000 $159,150,000 $151,900,000Remaining Bond Funds Available -$1,773,321Total Bond Need $60,427,079 $44,055,000 $58,000,000 $159,150,000 $151,900,000Estimated Bond Issues Needed $50,000,000 $50,000,000 $60,000,000 $180,000,000 $125,000,000Overage/Surplus $10,427,079 -$5,945,000 -$2,000,000 -$20,850,000 $26,900,000

Status of Enterprise Extendable Commercial Paper Bonds

As of 6/30/21

Total EECPB Program $ 150,000,000

Net Previous Program Issuances -

FY21 Total Issuances -

FY21 Total Retirements -

Available Enterprise ECPB to Issue as of 6/30/21 $ 150,000,000

Total EECPB Program $ 150,000,000

Current Board Approvals On Program -

Available Enterprise ECPB for Board Approval as of 6/30/21 $ 150,000,000

Large ProjectsQuarterly Project

Update

Integrated Pipeline

Integrated Pipeline Project Status Phase 1&2 as of 6/30/21

$-

$100,000,000

$200,000,000

$300,000,000

$400,000,000

$500,000,000

$600,000,000

$700,000,000

$800,000,000

$900,000,000

Phase 1&2 Actuals as of6/30/21

Phase 1&2 RemainingCosts

Phase 1&2 Total ExpectedCosts

TRWD Dallas Water Utilities

Integrated Pipeline Project Status Phase 3A as of 6/30/21

$-

$100,000,000

$200,000,000

$300,000,000

$400,000,000

$500,000,000

$600,000,000

$700,000,000

Phase 3 Actuals as of6/30/21

Phase 3 Remaining Costs Phase 3 Total ExpectedCosts

Dallas Water Utilities

IPL Land Update – as of 9/1/21

96%

100%

100%

100%

100%

100%100%

100%100%

100%

93%

100%

100%

0

10

20

30

40

50

60

70

80

90

9 10 11 12 13 14 15.1 15.2 16 17 19.1 19.2 Facilities

Nu

mb

er

of

Pa

rce

ls

Pipeline Sections

Acquired/Construction Access Remaining

Panther Island/Central City Project

Update

Panther Island/Central City BudgetFederal vs Local

51%49%

Federal & State Budget

Local Cash & TIF Budget

(Net outstanding TIF Loan as of 6/30/21 of $189,101,132)

$0

$100,000,000

$200,000,000

$300,000,000

$400,000,000

$500,000,000

$600,000,000

United States Army Corp of Engineers(USACE)

Federal Budget vs Actual as of 3/31/21

Budget Actuals through 3/31/21

Panther Island/Central City - Flood Control ProjectBudget vs Actual as of 6/30/21

$0

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

$300,000,000

TRWD City of Fort Worth

Local Budget vs Actual as of 6/30/21

Budget Actuals through 6/30/21

Note: USACE latest report as of 3/31/21

Remaining TRWD Budget - $45.9M Remaining City of FW Budget - $88.4M

Remaining USACE Budget - $478.7M

Panther Island/Central City – Bridges ProjectBudget vs Actual as of 6/30/21

$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

$35,000,000

$40,000,000

TRWD City of Fort Worth

Local Budget vs Actual as of 6/30/21

Budget Actuals through 6/30/21

$0

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

TXDOT

Federal Budget vs Actual as of 6/30/21

Budget Actuals through 6/30/21

Bridges are substantially complete and waiting on final numbers from TXDOT.

Panther Island/Central City ProjectFY21 Budget vs Projected Year End

*Only spent if federal funding is received from the USACE

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

Land Acquisition Relocation Demolition Environmental ProgramManagement

PedestrianBridge*

Demolition*

FY21 Budget Actuals through 6/30/21 Projected Year End

Status of Governmental Extendable Commercial Paper Bonds

As of 6/30/21

Total GECPB Program $ 150,000,000

Net Previous Program Issuances -

FY21 Total Issuances -

FY21 Total Retirements -

Available Governmental ECPB to Issue as of 6/30/21 $ 150,000,000

Total GECPB Program $ 150,000,000

Current Board Approvals On Program -

Available Governmental ECPB for Board Approval as of 6/30/21 $ 150,000,000

TIF 9 & 9a Collection ReportTotal projected through FY21

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

$8,000,00020

05

200

6

200

7

200

8

200

9

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

202

0

202

1*

TIF 9 Collections by Year

TXP Model (updated 2018) Actuals

$0

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

200

5

200

6

200

7

200

8

200

9

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

202

0

202

1*

TIF 9 Total Cumulative Collections by Year

TXP Cumulative Actuals Cumulative

*N

ote

: 20

21 is

ex

pe

cte

d c

oll

ect

ion

s

TIF 9&9A have collected $48 million through FY21 and are expected to collect an additional $375 million through FY44.

TIF 9 & 9a Increment Tax Value Created

$0

$100,000,000

$200,000,000

$300,000,000

$400,000,000

$500,000,000

$600,000,000

$700,000,000

$800,000,000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Tax Year

2003 Base Taxable Value - $111.6 million 2020 Taxable Value - $797.3 million2020 Increment Tax Value Created - $685.7 million

TIF 9 & 9a Collection ReportBy Entity

Investment Update

TRWD Rate vs Market

TRWD Days to Maturity

TRWD Holdings by Issuer