HomeMy WebLinkAbout7B 2017-2021 Capital Improvement Program4646 Dakota Street SE
Prior Lake, MN 55372
CITY COUNCIL AGENDA REPORT
MEETING
DATE:
AGENDA
#:
PRE-
PARED
BY:
PRE-
SENTED
BY:
AGENDA
ITEM:
AUGUST 22, 2016
7B
LARRY POPPLER, CITY ENGINEER
KATY GEHLER, PUBLIC WORKS DIRECTOR
DON URAM, FINANCE DIRECTOR
LARRY, KATY AND DON
CONTINUED PUBLIC HEARING TO CONSIDER THE ADOPTION OF RESOLUTIONS
RELATING TO THE 2017-2021 CAPITAL IMPROVEMENT PROGRAM:
1.APPROVING THE CAPITAL IMPROVEMENT PROGRAM
2.CAPITAL IMPROVEMENT PLAN AND PROVIDING PRELIMINARY APPROVAL
FOR THE ISSUANCE OF CIP BONDS
3.STREET RECONSTRUCTION PLAN AND AUTHORIZING THE ISSUANCE OF
G.O. STREET RECONSTRUCTION BONDS
DISCUS-
SION:
Introduction
The purpose of this agenda item is for the City Council to complete their discussion on the
overall Capital Improvement Program, the Capital Improvement Plan (CIP) and the Street
Reconstruction Plan. Staff is recommended that the Council adopt resolutions approving
each.
History
Since both the CIP and the Street Reconstruction Plan anticipates the issuance of bonds
under State Statutes 475.521 and 475.58 respectively, a public hearing for purposes of
reviewing the plans was held on August 8 and continued until August 22. The purpose of
this continuance was to give the Council the ability to let residents speak about the plans
should any significant changes be made.
The Capital Improvement Program includes the following long-term (2017-2026) planning
documents:
Transportation Plan – identifies the major roadway improvements involving both new
and reconstruction projects that the City does and in some cases with Scott County or
other partners.
Equipment Replacement Plan – identifies the City’s vehicle and equipment needs
and establishes a regular replacement and new acquisition schedule.
Park Plan – identifies the new and replacement needs for the City’s parks and trails
system.
Technology Plan – identifies hardware and software needs for security and service
delivery and establishes a regular replacement schedule.
Facilities Management Plan – identifies major replacements or improvements to all
City-owned buildings.
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Water Plan – identifies major replacements or additional infrastructure needed to sup-
ply domestic and emergency water to the City.
Sewer Plan – identifies major replacements or additional infrastructure needed to col-
lect and discharge sanitary waste from the City.
Storm Water Plan – identifies major repairs or additional infrastructure needed to
convey and treat storm water discharge in the City.
Each plan in the CIP was reviewed with the City Council during workshops held on July
11 and July 22, 2016. During these work sessions, guidance was provided to staff re-
garding the change in the overall tax levy and planned 2017 utility rates. This guidance
was used to develop the financial analysis.
Current Circumstances
A public hearing was held on August 8 and public input was taken on the proposed 2017-
2021 CIP and Street Reconstruction Plan. The majority of the people who spoke ex-
pressed a general concern about the impact of the plans (primarily transportation) on
property taxes and the overall debt level of the City. Several people mentioned the need
to maintain the City’s current infrastructure as compared to adding new projects. Exam-
ples of new projects included partnership projects with the County, Duluth/Village Lake
Drive Roundabout and the Arcadia extension programmed for 2019.
Following public comment, Council discussed the plans and offered Staff their comments
on changes they would like to see prior to approval on August 22. Similar to the public,
the Council shared a concern about the property tax impact of the proposed plans and the
City’s debt level. As a result, Council directed Staff to complete a comparison of the
City’s debt to other developing cities. This analysis is included in the Financial Impacts
section of this report. Other areas that the Council directed staff to evaluate included the
Transportation Plan, the Equipment Revolving Fund, and the Parks Plan. Specific direc-
tion given to staff followed by their response will be included in each Plan section that fol-
lows. No changes have been made to the other plans.
Transportation Plan
In response to comments by the Council, the following changes have been made to the
Transportation Plan:
1.2017 – Moved the CSAH 21 Bridge Deck Replacement to 2019.
2.2018 – Moved CSAH 21 and CSAH 87 to 2020.
3.2019 – Removed all Arcadia Avenue projects except for the segment from Colorado
to Pleasant.
Since the County projects were moved from one year to another there is no overall financial
impact. The elimination of the Arcadia projects segments has the following financial impacts:
1.MSA reduction - $625,000
2.Tax Levy reduction - $1,276,500
3.Special Assessment reduction - $940,000
4.Water Fund reduction - $265,000
5.Sewer Fund reduction - $230,000
6.Storm Sewer Fund reduction - $230,000
One of the bigger points of discussion has been TH 13 and CSAH 21 project. Staff had in-
cluded two options (A and B) for access to south downtown for consideration at the Public
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Hearing. Direction from the City Council was to remove both the ¾ Pleasant Street access
from Highway 13 and the extension of Arcadia south of Pleasant Street from the current
transportation plan. Despite the fact that the present comprehensive plan reflects the exten-
sion of Arcadia, it has been removed because the project is developer driven with an un-
known time schedule.
The TH 13 and CSAH 21 project will restrict Main Avenue to right in/right out only traffic.
During the 2005 CSAH 21 Corridor Study, which included three public meetings as well as
other focus groups and meetings, the change at Main Avenue was highly debated. Ulti-
mately it was determined that the current location of Main Avenue operates too close in
proximity to the TH 13 and CSAH 21 intersection and must be modified. One of the findings
from the 2005 study was that access from TH 13 to Dakota Street and Pleasant Street is
highly valued by businesses served especially those with high visibility. Considering previ-
ous studies which included public input and debate, removing both south downtown access
options from the Capital Improvement Plan will likely generate criticism that the City is not
sticking to the plan to provide access to south downtown.
The Plan includes the Duluth Ave/TH13 project scheduled for 2020. Total cost of this project
is just under $2 million with the City responsible for about $1.8 million. This project has been
in the transportation plan since 2011 and was initiated as a project by MNDOT because the
signal poles and system have reached the end of their useful life. As MNDOT was planning
for signal replacement, the City felt it appropriate to review our local roadway system as a
part of the project. A feasibility report was prepared and it was determined that upgrades to
Duluth Avenue were appropriate as certain access points in close proximity to the Trunk
Highway were impairing the intersection. As traffic volumes have risen, the close proximity
of these access points to TH 13, limits the capacity of the intersection and provides a safety
hazard. During project development the City’s Consultant had determined that the current
intersection operates at a level of service C during the PM peak hour. It was predicted to op-
erate at a level of service F by 2019 during the PM peak hour. Considering current intersec-
tion problems and future capacity issues in one of the City’s most prominent commercial ar-
eas, it is strongly recommended that this project be kept within the Capital Improvement
Plan.
The City has incurred costs to date of $162,000 on the Duluth Ave/TH 13 Project. This has
been internally funded through Fund 501 (Construction Fund). If this project does not move
forward or is delayed further, a funding source will need to be identified and the Construction
Fund reimbursed. Two funding options included the use of General Fund balance or a tax
levy.
Equipment Replacement Plan
The Equipment Replacement Plan (ERP) utilizes general tax levies to support replacement
of the City’s equipment and vehicle fleet. Prior CIPs reflected incremental annual increases
over the program’s 12-year term. The financing plan has been revised to reflect a gradual
increase in the tax levy until the annual levy reaches $600,000 in 2019.
The Council asked Staff to review the replacements identified within the CIP to ensure that
all were needs. All of the pieces of the fleet identified for replacement have been through an
evaluation process that includes looking at the OCI rating for fleet and considering the finan-
cial impacts. A fair number of the equipment to be replaced have already had their lives ex-
tended as part of our cost savings efforts. The pieces identified in 2017 and 2018 meet the
criteria for replacement or immediate replacement today. Due to the complexity of some of
this equipment and its age, repair costs for those vehicles identified have been increasing.
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Also, the repairs are becoming more complex requiring more down time to complete leaving
a vehicle out of service which impacts operations. Staff recommends approval of the plan as
proposed since our employees cannot be productive when the equipment they use is unde-
pendable.
Park Plan
Due to the lack of funding for EAB, Council suggested a reduction in expenditures for capital
replacement projects and using those funds for EAB treatment. In response, staff evaluated
the inventory of projects and eliminating all improvements to structures within the parks sys-
tem. Examples of this include replacement of all shelters and remodeling of all building facili-
ties including the Pavilion and concession facilities at the athletic complexes. A negative
consequence of this reduction in funding for our existing parks is that we will continue to see
a decline in these facilities with only painting and minor repairs completed funded through
the operating budget.
Over a 5-year period, the reduction in parks capital replacement projects totals about
$554,000. This funding has been reallocating to the Parks Departments operating budget in
the General Fund for EAB. Since the tax levy reduction for parks doesn’t coincide with the
funding recommended for EAB, there will be some variation in the yearly tax levy but will
have no impact over the 5-year planning period.
As directed by the council at the work session, the three trail gap closing projects shown in
the original plan are still included.
Conclusion
The City Council should hear the staff report regarding changes to the CIP. Following
Council questions or clarifications to staff, the Council may take additional public input.
Following that, the public hearing should be closed by motion and second. The Council
should then deliberate and adopt the resolutions approving the 2017 – 2021 Capital Im-
provement Program (overall plan), the 2016 – 2021 Capital Improvement Plan, and the
2017 – 2021 Street Reconstruction Plan as presented or with any recommended
changes.
ISSUES: Council is being asked to approve the City’s overall Capital Improvement Program including
both the 2016 – 2021 Capital Improvement Plan and the 2017 – 2021 Street Reconstruction
Plan. The overall Capital Improvement Program includes all of the plans listed at the begin-
ning of this report. The Capital Improvement Plan provides a more detailed description of
the projects in the Facilities Management Fund. It includes 2016 because the maintenance
building roof replacement will occur this year with bonding to occur in 2017. The Street Re-
construction Plan includes only those transportation projects that will be funding with street
reconstruction bonds. The format of these two plans has been updated to comply with state
statute.
As mentioned in the prior staff report, the Street Reconstruction Plan and issuance of the ob-
ligations must be approved by a unanimous vote of all members of the governing body pre-
sent at the meeting following the public hearing. Without a unanimous approval of the Street
Reconstruction Plan, the City will not be able to issue Street Reconstruction bonds to pay for
the projects identified in the plan. In that event, the Council would have to identify an alter-
native funding source(s).
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Approval of the CIP and Street Reconstruction Plan does not constitute final project or pur-
chase approval. Projects or purchases identified in 2017 will be incorporated into the devel-
opment of the 2017 budget. Projects and all purchases over $20,000 will come back to the
City Council for subsequent approvals. All future bonding decisions are approved by the City
Council, as well.
FINAN-
CIAL
IMPACT:
As directed by the City Council, Staff’s objective in preparing the CIP has been to balance
the tax impacts from year to year while addressing infrastructure needs in accordance with
the council’s direction. The impact of the 2017-2021 CIP and other anticipated bond payment
adjustments on the debt service property tax levy are reflected in the following tables. The
total from the plans presented on August 8 are shown below in red. Overall there has been
a modest reduction in the CIP levy from the previous plan.
The graphic reflects the cumulative effect of new debt issued as indicated in the revised CIP
and the retirement of existing debt. The top line is the resulting debt balance at the end of
the year.
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2015A: MUSH/MPL/PAN,CR RIVER RD,ST RECON - $4.6 Million and WTP 2007A partial refunding - $5.4 Million
2015B: TH13/150, ST RECON - $2.49 Million
2016A: Included WTP partial refunding - $1.7 Million
The following graphic reflects the cumulative effect of new debt issued as indicated in the
proposed CIP and the retirement of existing debt on a per capita basis.
Based on Population Growth of 120 permits/year x 2.5 persons per household
Debt Comparison
As directed by Council, Staff with assistance from Northland Securities completed a debt
comparison analysis of comparable cities including the adjacent communities. A total of 10
cities were selected based upon current population and growth trends. Current estimated
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populations range from a minimum of 6,150 (Jordan) to a high of 59,991 (Lakeville). Growth
rates from 2010 to 2015 range from 5.3% (Rosemount) to 12.4% (Jordan). The next highest
is Savage at 11.6%. Prior Lake’s growth during this period is 9.9%.
The challenge in making this comparison is that every city does something different in terms
of funding capital projects. Options for funding other than debt may include a tax levy, use of
reserves, or alternative revenue sources such as franchise fees. Without analyzing each of
the city’s financial statements an apple to apples comparison is difficult. Keeping that in
mind, three common statistics are presented that provide a general overview of Prior Lake
debt position compared to others. These comparisons are:
1.GO Direct Debt Burden (debt outstanding divided by estimated market value).
2.GO Debt Outstanding Per Capita
3.GO Debt Outstanding (including Revenue bonds)
Based on the data presented in the charts, Prior Lake is not an outlier compared to these
communities.
Property Tax Projection
By making the changes described above, a revised property tax projection has been com-
pleted. The revised projection includes funding for EAB within the General Fund.
ALTER-
NATIVES:
The following alternatives are available to the City Council after completing the continued
hearing and a motion and second to close the Public Hearing:
1.Adopt resolutions approving the 1) 2017-2021 Capital Improvement Program, 2) the
2016 – 2021 Capital Improvement Plan, and 3) the 2017-2021 Street Reconstruction
Plan as proposed or as amended by the city council;
2.Take no action on the plans as proposed or amended and direct the staff to make ad-
ditional changes for city council consideration at a subsequent meeting.
2016 2017 2018 2019 2020 2021
Tax Levies:
General 7,172,793 7,271,555 7,648,538 8,059,805 8,591,745 8,961,068
Equipment Revolving Fund 325,000 375,000 550,000 600,000 600,000 600,000
Revolving Park Equip Fund - 213,406 318,184 419,292 475,776 580,149
Facilities Management Fund - - - - 30,000 80,000
EDA Fund 155,000 140,000 140,000 140,000 140,000 140,000
Debt Service 3,425,569 3,691,956 3,561,893 3,755,086 3,747,516 4,263,339
11,078,362 11,691,917 12,218,615 12,974,183 13,585,037 14,624,556
Breakdown of Change in Levies:
General 101,063 98,762 376,983 411,267 531,940 369,323
Equipment Revolving Fund 75,000 50,000 175,000 50,000 - -
Revolving Park Equip Fund - 213,406 104,778 101,108 56,484 104,373
Facilities Management Fund - - - - 30,000 50,000
EDA Fund (4,000) (15,000) - - - -
Debt 512,213 266,387 (130,063) 193,193 (7,570) 515,823
Total Change 684,276 613,555 526,698 755,568 610,854 1,039,519
General 1.43% 1.38% 5.18% 5.38% 6.60% 4.30%
Equipment Revolving Fund 30.00% 15.38% 46.67% 9.09% 0.00% 0.00%
Revolving Park Equip Fund n/a n/a 49.10% 31.78% 13.47% 21.94%
Facilities Management Fund n/a n/a n/a n/a n/a 166.67%
EDA Fund -2.52% -9.68% 0.00% 0.00% 0.00% 0.00%
Debt 17.58% 7.78% -3.52% 5.42% -0.20% 13.76%
Total Change 6.58% 5.54% 4.50% 6.18% 4.71% 7.65%
Projected
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2
3
4
5
8
RECOM-
MENDED
MOTION:
Alternative #1
REPORTS
AT-
TACHED
1.Revised 2017-2021 CIP Documents
a.Demands vs. Funding Sources (1 page)
b.Project Detail (4 pages)
c.Projects by Department (6 pages)
d.Projects by Funding Source (3 pages)
e.Transportation Plan (1 page)
f.Equipment Replacement Plan (1 page)
g.Park Plan (1 page)
h.Technology Plan (1 page)
i.Facilities Management Plan (1 page)
j.Enterprise Funds (Water, Sewer, Stormwater) (3
pages)
k.Debt Comparison (3 pages)
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 16-xx
A RESOLUTION APPROVING THE 2017-2021 CAPITAL IMPROVEMENT PROGRAM
Motion By: Second By:
WHEREAS, The purpose of the Capital Improvement Program (CIP) is to protect the
infrastructure of the City of Prior Lake by establishing a replacement plan for
existing infrastructure and by identifying those improvements necessary to
accommodate the growth of the community; and
WHEREAS, The CIP is a flexible planning document that attempts to balance the financial
resources of the City with its needs; and
WHEREAS, It is intended for the CIP to be established for a period of five (5) years and to
be updated annually; and
WHEREAS,
On August 8, 2016, the City Council of Prior Lake conducted a Public Hearing
on the 2017-2021 CIP and offered opportunity for public testimony on the
capital spending priorities of the City Council; and
WHEREAS,
The City reasonably expects to reimburse the expenditures made for certain
costs of the projects included in the CIP from the proceeds of bonds.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The City has determined to make a declaration of official intent (“Declaration”) to reimburse
certain estimated costs for projects included in the CIP from proceeds of bonds in
accordance with the Internal Revenue Service Reimbursement Regulations (Treasury Reg.
1.150-2).
3. The 2017-2021 Capital Improvement Program is hereby approved.
4. The City may declare other separate statements of reimbursement intent in connection with
specific public improvements projects as they are initiated under Minnesota Statutes
Chapters 429 and 444, or for other capital projects, with the understanding that such
additional declarations of reimbursement intent will supplement this resolution. All
reimbursed expenditures will be capital expenditures, costs of issuance of the bonds, or
other expenditures eligible for reimbursement under Section 1.150-2(d)(3) of the
Reimbursement Regulations.
5. This Declaration has been made no later than 60 days after payment of any original
expenditure to be subject to a reimbursement allocation with respect to the proceeds of
bonds, except for the following expenditures:
a. costs of issuance of bonds;
b. costs in an amount not in excess of $100,000 or five percent of the proceeds of
an issue; or
c. “preliminary expenditures” up to an amount not in excess of 20 percent of the
aggregate issue price of the issue or issues that are reasonably expected by the
2
City to finance the project for which the preliminary expenditures were incurred.
The term “preliminary expenditures” includes architectural, engineering,
surveying, bond issuance, and similar costs that are incurred prior to
commencement of acquisition, construction or rehabilitation of a project other
than land acquisition, site preparation, and similar costs incident to the
commencement of construction.
6. This Declaration is an expression of the reasonable expectations of the City based on
the facts and circumstances known to the City as the date hereof. The anticipated
original expenditures for the Projects and the principal amount of the bonds are
consistent with the City’s budgetary and financial circumstances. No sources other than
proceeds of bonds to be issued by the City are, or are reasonably expected to be
reserved, allocated on a long term basis, or otherwise set aside pursuant to the City’s
budget or financial policies to pay such Project expenditures.
7. This Declaration is intended to constitute a Declaration of the Official Intent for the
purposes of the Reimbursement Regulations.
PASSED AND ADOPTED THIS 22nd DAY OF AUGUST 2016
VOTE Hedberg Keeney McGuire Morton Thompson
Aye ☐ ☐ ☐ ☐ ☐
Nay ☐ ☐ ☐ ☐ ☐
Absent ☐ ☐ ☐ ☐ ☐
Abstain ☐ ☐ ☐ ☐ ☐
______________________________
Frank Boyles, City Manager
1
CITY OF PRIOR LAKE, MINNESOTA
RESOLUTION NO. _____
RESOLUTION APPROVING THE ADOPTION OF A CAPITAL
IMPROVEMENT PLAN AND PROVIDING PRELIMINARY
APPROVAL FOR THE ISSUANCE OF BONDS THEREUNDER
WHEREAS, pursuant to Minnesota Statutes, Section 475.521 (the “Act”), cities are authorized to
adopt a capital improvement plan and carry out programs for the financing of capital improvements; and
WHEREAS, the City of Prior Lake, Minnesota (the “City”), has previously prepared a Capital
Improvement Plan, and has now caused to be prepared a Capital Improvement Plan for the years 2016
through 2021 (the “Plan”); and
WHEREAS, on the date hereof, the City Council of the City (the “Council”) has conducted a duly
noticed public hearing regarding adoption of the Plan pursuant to the requirements of the Act and the
issuance of general obligation bonds thereunder in a maximum principal amount of $1,850,000; and
WHEREAS, in considering the Plan, the Council has considered:
1. the condition of the City’s existing infrastructure, including the projected need
for repair and replacement;
2. the likely demand for the improvement;
3. the estimated cost of the improvement;
4. the available public resources;
5. the level of overlapping debt in the City;
6. the relative benefits and costs of alternative uses of the funds;
7. operating costs of the proposed improvements; and
8. alternatives for providing services more efficiently through shared facilities with
other local government units.
BE IT RESOLVED by the City Council of the City of Prior Lake, Scott County, Minnesota (the
“City”), as follows:
1. The Plan is hereby approved.
2. City staff are hereby authorized to do all other things and take all other actions as may be
necessary or appropriate to carry out the Plan in accordance with any applicable laws and
regulations.
3. The City gives preliminary approval to the issuance of the bonds in the maximum principal
amount of $1,850,000, provided that if a petition requesting a vote on issuance of the bonds,
signed by voters equal to five percent of the votes cast in the last general election, is filed with
the City Manager by _______________, the City may issue the bonds only after obtaining
approval of a majority of voters voting on the question at an election.
4. The City Council declares its official intent to reimburse itself for the costs of the capital
improvements from the proceeds of tax-exempt bonds in an amount not to exceed $1,850,000.
.
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Adopted this 22nd day of August, 2016.
_________________________________
Mayor
____________________________________
City Manager
1
CITY OF PRIOR LAKE
RESOLUTION NO. ____
RESOLUTION APPROVING THE ADOPTION OF A STREET
RECONSTRUCTION PLAN AND AUTHORIZING THE
ISSUANCE OF GENERAL OBLIGATION STREET
RECONSTRUCTION BONDS
BE IT RESOLVED by the City Council of the City of Prior Lake, Scott County, Minnesota (the
“City”), as follows:
Section 1. Background.
1.01. The City is authorized under Minnesota Statutes, Section 475.58, subdivision 3b
(the “Act”) to prepare a plan for street reconstruction in the City over at least the next five years that will
be financed under the Act, including a description of the proposed work and estimated costs, and to issue
general obligation bonds to finance the cost of street reconstruction activities described in the plan.
1.02. Before the issuance of any bonds under the Act, the City is required to hold a public
hearing on the plan and the issuance of bonds thereunder.
1.03. Pursuant to the Act, the City, in consultation with its City engineer, has caused
preparation of a 2017 to 2021 Street Reconstruction Plan dated ____________, 2016 (the “Plan”), which
describes certain street reconstruction activities in the City for the years 2017 through 2021 (the “Street
Improvements”).
1.04. The City has determined that it is in the best interests of the City to authorize the issuance
and sale of general obligation street reconstruction bonds pursuant to the Act in a maximum principal
amount not to exceed $2,680,000 (the “Bonds”). The purpose of the Bonds is to finance the costs of the
Street Improvements as described in the Plan.
1.05. On the date hereof, the City Council held a public hearing on the Plan and the issuance of
the Bonds, after publication in the City’s official newspaper of a notice of public hearing at least 10 days
but no more than 28 days before the date of the hearing.
Section 2. Plan Approved; Bonds Authorized.
2.01. The City Council finds that the Plan will improve the City’s street system, which serves
the interests of the City as a whole, and approves the Plan in the form presented at the public hearing and
on file at City Hall.
2.02. The City Council authorizes the issuance of the Bonds in accordance with the Plan. City
staff, legal counsel and consultants are authorized to take all actions necessary to negotiate the sale of the
Bonds, subject to the contingency described in Section 2.03 hereof.
2.03. If a petition requesting a vote on the issuance of the Bonds, signed by voters equal to 5%
of the votes cast in the last municipal general election, is filed with the City Manager within 30 days after
the date of the public hearing, the City may issue the Bonds only after obtaining approval of a majority of
voters voting on the question at an election. The authorization to issue the Bonds is subject to expiration
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of the 30-day period without the City’s receipt of a qualified petition under the Act, or if a qualified
petition is filed, upon the approving vote of a majority of the voters voting on the question of issuance of
the Bonds.
2.04. The City Council declares its official intent to reimburse itself for the costs of the Street
Improvements from the proceeds of tax-exempt bonds in an amount not to exceed $2,680,000.
2.05. City staff are authorized and directed to take all other actions necessary to carry out the
intent of this resolution.
Adopted this 22nd of August, 2016.
Mayor
ATTEST:
City Manager
CITY OF PRIOR LAKE, MN
2016 to 2021 CAPITAL IMPROVEMENT PLAN
August 22, 2016
Adopted ______________, 2016
City of Prior Lake
2016-2021 Capital Improvement Plan
Page 1 of 5
CITY OF PRIOR LAKE
2016-2021 CAPITAL IMPROVEMENT PLAN
I. INTRODUCTION
In 2003, the Minnesota State Legislature adopted a statute that generally exempts city and
town general obligation bonds issued under a capital improvement plan from the referendum
requirements usually required for city halls, public works, public safety facilities and
libraries. The statute on general obligation capital improvement plan bonds is Minnesota
Statutes, Section 475.521 (the “Act”).
On August 8, 2016, the City Council held a public hearing on the adoption of the 2016-2021
Capital Improvement Plan and the issuance of general obligation improvement bonds.
On August 22, 2016, the City Council adopted Resolution No. 16-_____ approving the 2016-
2021 Capital Improvement Plan (the “CIP”). The approved 2017-2021 Capital Improvement
Plan anticipates the issuance of general obligation bonds to finance certain facilities
improvements as described in the CIP.
In order for the City of Prior Lake (the “City”) to proceed to issue general obligation bonds,
pursuant to the Act, the City must make certain findings. These findings are included in this
document.
II. PURPOSE
Under the Act, a capital improvement is a major expenditure of City funds for the acquisition
or betterment to public lands, buildings, or other improvements used as a city hall, town hall,
library, public safety, or public works facility, which has a useful life of five years or more.
Under the Act, capital improvements do not include light rail transit or related activities,
parks, road/bridges, administrative buildings other than a city hall or town hall, or land for
those facilities. For the purposes of the Act, the CIP is a document designed to anticipate
capital improvement expenditures and schedule them over at least a five-year period so that
they may be purchased in the most efficient and cost effective method possible. A CIP
allows the matching of expenditures with anticipated income. As potential expenditures are
reviewed, the City considers the benefits, costs, alternatives and impact on operating
expenditures.
Before issuing bonds under a CIP, the City must hold a public hearing on the CIP and the
proposed bonds, and must then approve the CIP and authorize the issuance of the bonds by at
least a 3/5 majority.
If a petition signed by voters equal to at least 5 percent of the votes cast in the last general
City election requesting a vote on the issuance of bonds is received by the municipal clerk
within 30 days after the public hearing, then the bonds may not be issued unless approved by
the voters at an election.
City of Prior Lake
2016-2021 Capital Improvement Plan
Page 2 of 5
The statute has established certain criteria that must be considered for each project to be
undertaken pursuant to this CIP (the “Projects”). These criteria are:
1. Condition of the City’s existing infrastructure and projected need for repair or
replacement
2. Demand for the improvement
3. Cost of the improvement
4. Availability of public resources
5. Level of overlapping debt
6. Cost/benefits of alternative uses of funds
7. Operating costs of the proposed improvements
8. Alternatives for providing services most efficiently through shared facilities with other
municipalities or local governments
The CIP is designed to be updated and modified on an annual basis. In this manner, it
becomes an ongoing fiscal planning tool that continually anticipates future capital
expenditures and funding sources.
III. PLAN SUMMARY
This CIP is intended to describe and analyze the need for the Project s in accordance with the
Act. The City may modify this CIP from year to year as authorized by the Act.
Following is a summary of estimated expenditures for the Projects, including cost of
financing:
2016 Expenditures
The City intends to construct improvements to the roof of a public works facility, which
the City refers to the as the maintenance center. The estimated cost for this Project is
$650,000. This Project is to be financed through bond proceeds issued in 2017.
2017 Expenditures
No Projects anticipated in this CIP.
2018 Expenditures
The City intends to construct improvements to fire station #1, and certain public works
facilities including HVAC, building, and exterior site improvements. T he combined
estimated cost of the improvement to these facilities to be finance through bond proceeds
is $540,000.
City of Prior Lake
2016-2021 Capital Improvement Plan
Page 3 of 5
2019 Expenditures
No Projects anticipated in this Plan.
2020 Expenditures
No Projects anticipated in this Plan.
2021 Expenditures
The City intends to construct improvements to the city hall, police station, and public
works facilities consisting of capital maintenance including building and exterior site
imporvements. The combined estimated cost of the improvement to these facilities to be
finance through bond proceeds is $660,000.
Analysis
The City has analyzed the eight points required by the Act for the Projects on an individual
basis and as a whole. The findings are as follows:
1. Conditions of City Infrastructure, Including the Projected Need for Repair or
Replacement and Need for the Project
The existing roof of the maintenance facility is in need of structural repair in order to
maintain the facility. Other improvement to City public safety, public works, and city hall
facilities in future years is for capital maintenance and repair of existing facilities.
2. Likely Demand for the Project
The City’s basic government service operations, including administration, police, fire, and
public works operations are housed in the facilities that are in need of capital maintenance
and repair.
3. Estimated Cost of the Project
The estimated cost, including architectural/engineering, contingency, legal and bonding, of
the Project is set forth in Appendix A.
4. Available Public Resources
The City does not have sufficient cash reserves on hand to finance the improvement of the
city hall and public works and public safety facilities without issuing bonds. The City plans
to use the bond proceeds to reimburse the City for the Projects.
City of Prior Lake
2016-2021 Capital Improvement Plan
Page 4 of 5
5. Level of Overlapping Debt in the City
As of December 31, 2015, the level of overlapping debt in the City is provided in the table
below:
Taxing Unit 2015/2016 Tax Net TC Est. GO Debt 12/31/15
Scott County 167,963,574 11,270,670
ISD No. 719 (Prior Lake-Savage) 52,160,036 60,924,290
ISD No. 720 (Shakopee) 51,591,841 3,444,745
Metropolitan Council 3,482,132,267 154,025
Metro Transit 3,079,729,513 2,552,814
Prior Lake/Spring Lake Watershed
District
37,796,575 646,665
6. Relative Benefits and Costs of Alternative Uses of the Funds
The proposed Projects could potentially be financed through the issuance of lease-revenue
bonds. However, both costs of issuance and overall debt service payments would be
significantly higher, since lease-revenue bonds are not general obligation debt and are
therefore not as attractive to potential purchasers. The issuance of general obligation capital
improvement plan bonds represents the most cost-efficient way to finance the proposed
Projects.
7. Operating Costs of the Proposed Project
Operating costs are not expected to be impacted to any significant degree with the proposed
improvements. Repair and maintenance costs may decrease due to the roof replacement.
8. Alternatives for Providing Services Most Efficiently Through Shared Facilities with
Other Municipalities or Local Government Units
The proposed capital improvements are being made to maximize effective, cost-effective City
facilities, and as such, there would be no greater efficiency achieved through constructing
shared facilities with other local government units.
IV. FINANCING THE CAPITAL IMPROVEMENT PLAN
The total amount of requested expenditures under the CIP is expected not to exceed
$1,850,000, including estimated cost of issuance of bonds. These expenditures are to be
funded by the sale of the City’s general obligation capital improvement plan bonds not to
exceed $1,850,000.
In the financing of the CIP, two statutory limitations apply. Under Minnesota Statutes,
Chapter 475, as amended, with few exceptions, a municipality cannot incur debt in excess of
3% of the assessor’s Estimated Market Value (“EMV”) for the municipality. In the case of a
municipality with a population of 2,500 or less, the bonds are not subject to the net debt
limits. The City’s 2014 population was 24,911. Therefore, the proposed general obligation
capital improvement plan bonds to be issued in the years 2016 through 2021 would be subject
to the debt limit.
City of Prior Lake
2016-2021 Capital Improvement Plan
Page 5 of 5
Another limitation on bonding under the Act is that without referendum, the total amount that
can be used for principal and interest in any one year for CIP debt cannot exceed 0.16% of
the EMV for the City. The City has one outstanding series of bonds, its General Obligation
Capital Improvement Plan Refunding Bonds, Series 2012A, issued under the Act. The
maximum amount of principal and interest due in any year on the Series 2012A Bonds is
$821,600. In payable year 2016, the City’s EMV was $2,981,761,500. Therefore, the total
amount available to be used to pay principal and interest on any new bonds issued under this
Plan is $3,949,218 per year ($2,981,761,500 x 0.16% - $821,600).
Under this CIP the City may issue up to $1,850,000 in general obligation capital
improvement plan bonds in the years 2016 through 2021 to finance the Project. If the City
were to issue general obligation capital improvement bonds in the maximum principal
amount of $1,850,000 for the Project, the bond issue would be repaid over a period not to
exceed thirty (30) years pursuant to the Act.
Expected debt service on the proposed bonds for the Projects is within the statutory limits.
Annual Review of the Capital Improvement Plan
The City Council, using the process outlined in this CIP, plans to review this CIP annually,
taking into account proposed expenditures, making priority decisions and seeking funding for
those expenditures it deems necessary for the City. If deemed appropriate, the City Council
will prepare an update to this CIP.
(The remainder of this page is intentionally blank.)
A-1
APPENDIX A
ESTIMATED COSTS OF PROJECT1
Year 2016 – Improvements to Maintenance Facility Roof $650,000
Year 2018 – Improvements to the Fire Station #1, the maintenance facility, and the water
treatment facility $540,000
Year 2021 – Improvements to the city hall, police station, and maintenance facility $660,000
Notes:
1 The estimated costs of project include cost of issuance of bonds.
CITY OF PRIOR LAKE, MN
2017 to 2021 STREET RECONSTRUCTION PLAN
August 22, 2016
City of Prior Lake
2017-2021 Street Reconstruction Plan
Page 2 of 5
City of Prior Lake , MN
2017-2021 Street Reconstruction Plan
I. Introduction
The City of Prior Lake (the “City”) historically has conducted street maintenance and
reconstruction as part of its annual operational budget or as part of a street improvement
capital improvement project. The maintenance and reconstruction has included seal
coating, mill and overlay, complete reconstruction, and other such items incidental to the
maintenance of city streets. The City finds that it does not always have the resources for
reconstructing streets as quickly as required, due to increased need for major
reconstruction projects.
Due to this fact, the City has in the past and plans to in the future finance a portion of its
street reconstruction through the issuance of General Obligation Street Reconstruction
Bonds.
II. Statutory Authority and Requirements
Minnesota Statutes, Section 475.58, Subd. 3b (the “Act”) authorizes Minnesota cities to
adopt a Street Reconstruction Plan. The Plan must cover at least a five-year period and set
forth the streets to be reconstructed, the estimated costs, and any planned reconstruction of
other streets in the municipality over the next five years.
Street Reconstruction Bonds can be used to finance the reconstruction and bituminous
overlay of existing city streets. Eligible improvements may include turn lanes and other
improvements having a substantial public safety function, realignments, other
modifications to intersect with state and county roads, and the local share of state and
county road projects. Except in the case of turn lanes, safety improvements, realignments,
intersection modifications, and the local share of state and county road projects, street
reconstruction does not include the portion of project cost allocable to widening a street or
adding curbs and gutters where none previously existed. Street Reconstruction Bonds are
subject to the debt limit.
The Act sets forth specific requirements for the issuance of Street Reconstruction Bonds,
which are as follows:
The projects financed under this authority must be described in a street reconstruction
plan, as described above.
The city must publish notice of and hold a public hearing on the proposed plan and
the related issuance of bonds. The notice must be published at least ten days but not
more than 28 days prior to the hearing date.
City of Prior Lake
2017-2021 Street Reconstruction Plan
Page 3 of 5
The plan and the issuance of bonds must be approved by a vote of all of the members
of the governing body present at the meeting.
The issuance of bonds is subject to a reverse referendum. An election is required if
voters equal to 5% of the votes cast in the last municipal general election file a petition
with the city clerk within 30 days of the public hearing. If the city decides not to
undertake an election, it may not propose the issuance of Street Reconstruction Bonds
for the same purpose and in the same amount for a period of 365 days from the date of
receipt of the petition. If the question of issuing the bonds is submitted and not
approved by the voters, the provisions of section 475.58, subdivision 1a, shall apply
(no resubmission for same purpose/amount for 180 days).
III. History and Existing Street Reconstruction Bonds
At the time of the approval of this Street Reconstruction Plan, the City has the
following outstanding Street Reconstruction Bonds issued under Chapter 475 .
IV. Net Debt Limits
Minnesota Statutes Section 475.53, Subd. 1 states that no municipality, except a school
district or a city of the first class, shall incur or be subject to a net debt in excess of three
percent of the market value of taxable property in the municipality.
Bonds issued under the authority granted by this Street Reconstruction Plan are subject to
the net debt limit restriction described above. The net debt capacity for the City is shown
on the next page under Statutory Debt Limit.
Bond Issue Amount Outstanding
$1,400,000 G.O. Street Reconstruction Bonds, Series 2007B $ 330,000
$3,240,000 G.O. Bonds, Series 2011A 295,000
$5,780,000 G.O. Bonds, Series 2011B 400,000
$3,240,000 G.O. Bonds, Series 2013A 425,000
$2,665,000 G.O. Bonds, Series 2014A 1,985,000
$2,490,000 G.O. Taxable Bonds, Series 2015B 2,330,000
$3,505,000 G.O. Bonds, Series 2016A 350,000
Total Outstanding Street Reconstruction Bonds $ 6,115,000
City of Prior Lake
2017-2021 Street Reconstruction Plan
Page 4 of 5
Statutory Debt Limit1
Minnesota Statutes, Section 475.53 states that a city or county may not incur or be subject to a net debt in
excess of three percent (3%) of its estimated market value. Net debt is, with limited exceptions, debt paid
solely from ad valorem taxes.
Computation of Legal Debt Margin as of May 2, 2016:
The City is proposing to issue an amount not to exceed $2,680,000 in General Obligation Street
Reconstruction Bonds between August 22, 2016 and August 22, 2021. (The maximum amount
includes estimated cost of issuance of bonds and rounding.) The proposed bond issuance is
within the current City's Legal Debt Margin.
1 Effective June 2, 1997 and pursuant to Minnesota Statutes 465.71, any lease revenue or public project revenue bond
issues/agreements of $1,000,000 or more are subject to the statutory debt limit. Lease revenue or public project
revenue bond issues/agreements less than $1,000,000 are not subject to the statutory debt limit.
2015/2016 Estimated Market Value $2,981,761,500
Multiplied by 3% x 0.03
Statutory Debt Limit
$ 89,452,845
$6,260,000 G.O. Refunding Bonds, Series 2005A ( 1,535,000)
$1,400,000 G.O. Street Reconstruction Bonds, Series 2007B ( 330,000)
$3,240,000 G.O. Bonds, Series 2011AError! Bookmark not
defined.
( 295,000)
$5,780,000 G.O. Bonds, Series 2011B ( 3,780,000)
$9,825,000 G.O. Capital Improvement Plan Bonds, Series 2012A ( 8,240,000)
$3,240,000 G.O. Bonds, Series 2013A ( 425,000)
$2,665,000 G.O. Bonds, Series 2014A ( 1,985,000)
$2,490,000 Taxable G.O. Bonds, Series 2015B ( 2,330,000)
$3,630,000 G.O. Bonds, Series 2016A ( 760,000)
Less outstanding debt applicable to debt limit:
($ 19,680,000)
Legal debt margin
$ 69,772,845
City of Prior Lake
2017-2021 Street Reconstruction Plan
Page 5 of 5
V. Proposed Street Reconstruction and Cost Estimate
The City’s Street Reconstruction Plan, as detailed in Table A, includes all street
reconstructions to be undertaken between August 22, 2016 and August 22, 2021 and
financed in whole or part through the issuance of General Obligation Street Reconstruction
Bonds. The City reserves the right to adjust the amount of annual spending between years,
as long as the overall 2017-2021 Street Reconstruction Plan is not increased.
CITY OF PRIOR LAKE 2017-2022 STREET
RECONSTRUCTION PLAN Amounts
August 22, 2016 through August 22, 2017
County wide flashing yellow signal conversion $75,000
TOTAL 2017 $75,000
August 23, 2017 through August 22, 2018
TOTAL 2018 $0
August 23, 2018 through August 22, 2019
Fish Point Road (Fawn Meadows to CR 21) Reconstruction $600,000
CSAH 21 Bridge Deck Replacement $175,000
CR 21 / TH 13 / Main Ave Reconstruction and / Arcadia Signal $500,000
TOTAL 2019 $1,275,000
August 23, 2019 through August 22, 2020
CSAH 21 and CASH 87 Reconstruction $350,000
TOTAL 2020 $350,000
August 23, 2020 through August 22, 2021
Northwood Road (Fremont to Knollridge) (1994) Reconstruction $900,000
TOTAL 2021 $900,000
GRAND TOTAL (3/30/17 THROUGH 3/30/22)$2,600,000
Bond Issuane Costs, Capitalized Interest, and Rounding $80,000
GRAND TOTAL $2,680,000
TABLE A
CITY OF PRIOR LAKE DEMANDS VS. FUNDING SOURCES
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
01/01/2016 Six-Year Revenue CIP Construction 01/01/2022
Funding Source Balances Projection (Net)Demands Projected Balances
Water Fund 2,599,745 6,697,742 6,468,722 2,828,765
Sewer Fund 1,598,684 4,585,429 5,038,693 1,145,420
Water Quality Fund 688,972 2,506,156 2,833,715 361,413
Capital Park Fund 451,942 2,210,552 340,000 2,322,494
Trunk Reserve Fund 1,603,263 1,282,058 1,450,000 1,435,321
Street Oversize Fund 670,158 163,089 60,000 773,248
Water Storage Fund 1,139,394 1,209,491 - 2,348,885
Revolving Equipment Fund 753,366 3,598,346 3,858,805 492,907
Revolving Park Equip Fund 392,313 2,053,303 2,156,808 288,808
Cable Franchise Fund 66,685 45,532 14,797 97,420
Facilities Management Fund 401,053 386,968 672,440 115,581
Municipal State Aid - 1,200,000 1,200,000 -
Project Tax Levy - 19,184,020 19,184,020 -
Special Assessments - 5,849,143 5,849,143 -
Referendum - - -
Intergovernmental - 40,793,115 40,793,115 -
Grants or Other Contributions - 260,000 260,000 -
General Fund - Technology 308,947 308,947
TOTALS $10,365,575 92,333,890 90,489,204 12,210,261
CITY OF PRIOR LAKE PROJECT DETAIL
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
CIP Cost / Benefit
Project Reference Description Purpose Impact Statement
Public Works (Parks)
Capital Replacement Projects CIP1 Replacement or Renovation of Existing Facilities
including buildings, parking lots, fields, and lighting
To replace and renovate park facilities that have
served their useful life and need to be replaced or
rehabilitated to ensure safety of use.
Replacement or renovation would be completed
within the context of full community park needs
and development
Park Amenities Replacement CIP2 Park amenity replacements including regular
replacement of park furniture, play structures,
enclosures, shelters, courts, etc.
To replace and renovate park amenities that have
served their useful life and need to be replaced or
rehabilitated to ensure safety of use.
Replacements necessary to maintain City park
system
Trail, Sidewalk, and Boardwalk Replacement CIP3 Replace trail, sidewalk and boardwalks
Trail and Sidewalk Inventory, condition rating, and
priority being analyzed.
To replace trails, sidewalks or boardwalks that
have a degraded pavement surface, ADA
compliance issues or have other structural
defects.
Improved trail, sidewalk and boardwalk surfaces
will improve the user experience and limit any
potentially liability for ADA claims.
Natural Area Restoration CIP4 Restoration of natural areas
Inventory, Condition Rating, and Priority being
completed.
N/A N/A
Existing Trail & Sidewalk Gap Priorities CIP5 Replace trail, sidewalk and boardwalks
Trail and Sidewalk Gaps Analysis in progress
N/A N/A
Neighborhood Park Development CIP6 Neighborhood Park Development
2019 - Undefined Park
2021 - Undefined Park
Construction of neighborhood parks to support
development.
The Comprehensive Plan and Park Dedication
Fees have anticipated the construction of
additional neighborhood parks to serve growth of
the community.
New Development Trail Alignments CIP7 Construction of new trail segments in newly
developing areas.
To ensure a connected network of trails and
sidewalks for transportation and recreational
purposes.
The Comprehensive Plan, Trail and sidewalk
Gaps Study and Park Dedication Fees Study
have anticipated the development of additional
trails to serve the growing and changing needs of
the community.
Community Park Development and Renovation CIP8 Development of new community parks Construction of community parks to support
communities recreational needs.
The Comprehensive Plan, Master Park Plan and
Park Dedication Fees Study have anticipated the
development of additional community parks to
serve the growing and changing needs of the
community.
Page 1 of 4
CITY OF PRIOR LAKE PROJECT DETAIL
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
CIP Cost / Benefit
Project Reference Description Purpose Impact Statement
Public Works (Streets)
Street Reconstruction (Project Partnerships)CIP9 2017 - County Wide Flashing Yellow Signal
Conversion
2017 - CSAH 83
These are Scott County or MNDOT projects. City
will participate in storm sewer and other
improvements on a cost sharing basis through a
cooperative agreement.
These County or State Highway Improvement
Projects will restore the driving surface and
improve storm drainage in these respective
areas.
2018 - CR42/TH13
2019 - CR 21 / TH 13 / Main Ave / Arcadia Signal
2019 - CSAH 21 Bridge Deck Replacement
2020 - Duluth Avenue / TH 13 signal / Village Lake
Roundabout
2020 - CSAH 21 and CSAH 87
Street Improvements (City Jurisdiction)CIP10 2017 - Albany/CJ Circle/Five Hawks/Cates, Park,
Balsam/Sunrise/Spruce, Sycamore, Franklin Trail (TH
13 to CR 21 south)
To rehabilitate, reconstruct, or construct streets to
extend useable life or reconstruct streets to a 7-
ton or 9-ton standard.
Improved streets will reduce maintenance for the
streets and for vehicles.
2018 - Pershing/Dunkirk/Dutch/Roanoke/Green
Hts/Spring, Huron/Wildwood/Woodside/Santee,
Franklin Trail (CR 44 to Summer)
2019 - Arcadia Ave. (Colorado to Pleasant), Fish Pt
Road (Fawn Meadows to CR 21)
2020 - Hidden Oaks/Timberview/Timber,
Millers/Omega/Glory, Fish Point Road (CR 44 to TH
13)
2021 - Northwood Road (Fremont to Knollridge),
Northwood Road (Knollridge to CSAH 12),
Knollridge/Hawk Ridge/Viewcrest/Lake Haven/Shady
Cove/Lake Bluff/Fremont Cir/Fremont St/Crystal, Frost
Point Circle, Rolling Oaks
Public Works (Water)
Meter Replacement Program CIP11 Replacement of Automatic Meter Reading System
(AMRS).
The AMRS is nearing the end of it's life and has
started showing signs of MTU failures. In
addition, water meters deteriorate with age,
resulting in inaccurate readings. American Water
Works replacement guidelines estimate a 15-year
life on residential meters.
Battery failures may begin in the existing AMR
system in 2017. The City will want to consider
how the system will be replaced prior to
significant failures. In addition, replacement of
any meters will show a decrease in apparent loss
and in increase in revenue.
Wells CIP12 Construction of additional Wells for source water.
NO additional wells needed with JPA with SMSC
Provide additional source water.Wells are needed to provide City firm pumping
capacity and to utilize the Water Treatment
Facility at full capacity
Page 2 of 4
CITY OF PRIOR LAKE PROJECT DETAIL
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
CIP Cost / Benefit
Project Reference Description Purpose Impact Statement
Watermain Improvements CIP13 Watermain replacements outside of replacements that
are completed in conjunction with street projects.
No projects currently planned for 2017-2021
Proactive replacement of deteriorated or
undersized watermain. New watermain to
provide looping and system redundancies.
Reduces the potential for costly emergency
repairs due to leaks and breaks.
Water System CIP14 Additional treatment capacity to accommodate
demand growths within the City. Replacement of
equipment at the Water Treatment Plant.
2017 - 2021 Annual Equipment Replacement
Joint Agreement with SMSC to provide future finished
water
Replacement of existing equipment at Water
Treatment Facility.
Replacement of key equipment necessary as it
reaches its life expectancy. Additional capacity
needed with current water supply deficit.
Pressure Reducing Valves CIP15 No projects currently planned for 2017-2021 Reduce pressure in service areas that have a
lower elevation within the Prior Lake community.
Reducing pressure in the distribution system will
assist in water conservation and water loss.
Water Storage CIP16 Additional water storage facilities.
Joint Agreement with SMSC to provide additional
storage
Increase water storage to provide adequate
supply for high usage periods, fire protection and
system pressure. Provides better water quality by
increasing ability to circulate system.
Providing water pressure and fire flows to meet
ISO and Ten State Standards ensures fire
protection for properties within the community
and better ISO ratings.
Public Works (Sanitary Sewer)
Meter Replacement Program CIP11 Replacement of Automatic Meter Reading System
(AMRS).
The AMRS is nearing the end of it's life and has
started showing signs of MTU failures. In
addition, water meters deteriorate with age,
resulting in inaccurate readings. American Water
Works replacement guidelines estimate a 15-year
life on residential meters.
Battery failures may begin in the existing AMR
system in 2017. The City will want to consider
how the system will be replaced prior to
significant failures. In addition, replacement of
any meters will show a decrease in apparent loss
and in increase in revenue.
Sanitary Improvement CIP17 Sanitary Sewer replacements outside of replacements
that are completed in conjunction with street projects.
2021 Raspberry Ridge Sewer Rehabilitation
Improve sanitary sewer main line which services
Commercial area, reduce infiltration issues and
improve flow
Reduction of infiltration and settlements in
sanitary sewer which could be cause for sanitary
back-ups and impede flow design of main line
pipe
Inflow / Infiltration Prevention CIP18 Sanitary Sewer rehabilitation or replacement.
Resume in 2019
Repairs or replacement of Sewers to reduce
water infiltration into collection system
Reduction of lift station pumping and treatment
flow costs to the Met Council
Page 3 of 4
CITY OF PRIOR LAKE PROJECT DETAIL
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
CIP Cost / Benefit
Project Reference Description Purpose Impact Statement
Sewer System Equipment Replacement CIP19 Replacement of equipment associated with lift
stations, etc. (pumps and controls)
To replace vital equipment in lift stations to
minimize risk of failure.
Reduce risk of failures creating sanitary sewer
backups and emergency situations.
Public Works (Stormwater)
Stormwater Infrastructure Maintenance CIP20 Maintaining existing structural stormwater practices
and adding new treatment. (locations vary)
Maintenance, retrofit and creation of other
structural practices such as; sump manholes,
bioretention, infiltration and filtration.
Using a targeted maintenance and retrofit
program to continually renew and improve the
overall water quality system effectiveness and
cost efficiency.
Pond Maintenance & Retrofit CIP21 Maintaining existing stormwater treatment ponds and
maximizing treatment (locations vary).
Maintenance, retrofit and creation of storm water
ponds to restore and enhance overall system
treatment efficiency.
Using a targeted maintenance and retrofit
program to continually renew and improve the
overall water quality system effectiveness and
cost efficiency.
Stormwater Improvements CIP22 Repair of Cates Creek Dam completed in conjunction
with Albany reconstruction.
Address flooding of street, washout of dam, and
lack of treatment.
Minimize street flooding, risk of dam failure and
improve overall conveyance efficiency and
treatment capacity.
Vehicles & Equipment
Equipment Replacement Plan CIP23 Replace vehicles and equipment as identified in the
replacement schedule.
To identify the City’s vehicle and equipment
needs and establish a regular replacement
schedule.
Maximize the useful life of the City's vehicles and
equipment.
Facilities
Facilities Management Plan CIP24 Repair or replace major components in City-owned
facilities.
To identify major repairs or improvements to all
City-owned facilities.
Maximize the useful life of the major components
in City-owned facilities.
Technology
Technology Plan CIP25 Replace hardware and software as identified in the
replacement schedule.
To identify hardware and software needs and
establish a regular replacement schedule.
Maximize the useful life of the City's hardware.
Upgrade software to utilize technology currently
available in order to deliver services in a cost-
effective manner.
Page 4 of 4
CITY OF PRIOR LAKE PROJECTS BY DEPARTMENT
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
CIP
Project Reference 2017 2018 2019 2020 2021 Total
Public Works (Parks)
Capital Replacement Projects CIP1 50,000 50,776 47,762 - - 148,538
Revolving Park Equipment Fund 50,000 50,776 47,762 - - 148,538
Park Amenities Replacement CIP2 133,406 137,408 141,530 145,776 150,149 708,270
Revolving Park Equipment Fund 133,406 137,408 141,530 145,776 150,149 708,270
Trail, Sidewalk, and Boardwalk Replacement CIP3 30,000 130,000 230,000 330,000 430,000 1,150,000
Revolving Park Equipment Fund 30,000 130,000 230,000 330,000 430,000 1,150,000
Natural Area Restoration CIP4 - - - - - -
Revolving Park Equipment Fund - - - - - -
Existing Trail & Sidewalk Gap Priorities CIP5 - - - 150,000 - 150,000
Revolving Park Equipment Fund - - - 150,000 - 150,000
Neighborhood Park Development CIP6 - - 170,000 - 170,000 340,000
Capital Park Fund - - 170,000 - 170,000 340,000
New Development Trail Alignments CIP7 - - - - - -
Capital Park Fund - - - - - -
Community Park Development and Renovation CIP8 - - - - - -
Capital Park Fund - - - - -
Referendum - - - - - -
Public Works (Parks) Total 213,406 318,184 589,292 625,776 750,149 2,496,808
Page 1 of 6
CITY OF PRIOR LAKE PROJECTS BY DEPARTMENT
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
CIP
Project Reference 2017 2018 2019 2020 2021 Total
Public Works (Streets)
Street Improvements (Partnership Projects)CIP9 15,120,000 12,778,507 10,647,268 5,431,360 - 43,977,135
Project Levy 75,000 - 675,000 1,449,020 - 2,199,020
Special Assessments - - - 275,000 - 275,000
State/Federal 75,000 150,000 - 207,540 - 432,540
County 14,795,000 11,428,507 9,972,268 3,099,800 - 39,295,575
Other Municipality 165,000 900,000 - - - 1,065,000
Grants or Other Contributions - - - - -
City MSA Funds - 200,000 - 400,000 - 600,000
Street Oversize Funds - - - - - -
Trunk Reserve Funds - - - - - -
Water Quality Fund - - - - - -
Water Fund 10,000 100,000 - - - 110,000
Sewer Fund - - - - - -
Capital Park Fund - - - - - -
Street Improvements (City Jurisdiction)CIP10 8,271,863 8,469,738 1,950,000 5,623,018 5,111,739 29,426,358
Project Levy 3,420,000 3,280,000 1,500,000 2,695,000 2,640,000 13,535,000
Special Assessments 1,910,945 1,602,895 120,000 1,207,607 732,696 5,574,143
Grants or Other Contributions - - - - 260,000 260,000
City MSA Funds - - 200,000 - 400,000 600,000
Street Oversize Fund - - - - 60,000 60,000
Trunk Reserve Fund - - - - 200,000 200,000
Water Quality Fund 371,418 491,843 40,000 291,411 304,044 1,498,715
Water Fund 1,794,500 1,695,000 50,000 1,039,000 350,000 4,928,500
Sewer Fund 775,000 1,400,000 40,000 390,000 165,000 2,770,000
Public Works (Streets) Total 23,391,863 21,248,245 12,597,268 11,054,378 5,111,739 73,403,493
Page 2 of 6
CITY OF PRIOR LAKE PROJECTS BY DEPARTMENT
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
CIP
Project Reference 2017 2018 2019 2020 2021 Total
Public Works (Water)
Meter Replacement Program CIP11 850,000 - - - - 850,000
Water Fund 850,000 - - - - 850,000
-
Wells CIP12 - - - - - -
Water Fund - - - - - -
Watermain Improvements CIP13 - - - - - -
Water Fund - - - - - -
Trunk Reserve Fund - - - - - -
Water System CIP14 353,000 106,090 1,109,273 112,551 115,927 1,796,841
Water Fund 103,000 106,090 109,273 112,551 115,927 546,841
Trunk Reserve Fund 250,000 - 1,000,000 - - 1,250,000
Pressure Reducing Valves CIP15 - - - - - -
Trunk Reserve Fund - - - - - -
Water Storage CIP16 - - - - - -
Water Storage Fund - - - - - -
Public Works (Water) Total 1,203,000 106,090 1,109,273 112,551 115,927 2,646,841
Page 3 of 6
CITY OF PRIOR LAKE PROJECTS BY DEPARTMENT
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
CIP
Project Reference 2017 2018 2019 2020 2021 Total
Public Works (Sanitary Sewer)
Meter Replacement Program CIP 11 850,000 - - - - 850,000
Sewer Fund 850,000 - - - - 850,000
Sanitary Improvement CIP17 - - - - 600,000 600,000
Sewer Fund - - - - 600,000 600,000
Inflow / Infiltration Prevention CIP18 - - 150,000 154,500 159,135 463,635
Sewer Fund - - 150,000 154,500 159,135 463,635
Sewer System Equipment Replacement CIP19 60,589 62,407 64,279 66,208 68,194 321,677
Sewer Fund 60,589 62,407 64,279 66,208 68,194 321,677
Public Works (Sanitary Sewer) Total 910,589 62,407 214,279 220,708 827,329 2,235,312
Public Works (Storm Water)
Stormwater Infrastructure Maintenance CIP20 60,000 60,000 60,000 60,000 20,000 260,000
Water Quality Fund 60,000 60,000 60,000 60,000 20,000 260,000
Pond Maintenance & Retrofit CIP21 300,000 25,000 300,000 25,000 300,000 950,000
Water Quality Fund 300,000 25,000 300,000 25,000 300,000 950,000
Stormwater Improvements CIP22 25,000 25,000 25,000 25,000 25,000 125,000
Water Quality Fund 25,000 25,000 25,000 25,000 25,000 125,000
Public Works (Storm Water) Total 385,000 110,000 385,000 110,000 345,000 1,335,000
Page 4 of 6
CITY OF PRIOR LAKE PROJECTS BY DEPARTMENT
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
CIP
Project Reference 2017 2018 2019 2020 2021 Total
Vehicles & Equipment
Equipment Replacement Plan CIP23 860,704 1,408,336 836,856 1,006,203 1,136,706 5,248,805
Revolving Equipment Fund 860,704 743,336 836,856 1,006,203 411,706 3,858,805
Project Levy - 665,000 - - 725,000 1,390,000
Vehicle & Equipment Total 860,704 1,408,336 836,856 1,006,203 1,136,706 5,248,805
Facilities
Facilities Management Plan CIP24 852,139 950,352 89,963 68,979 771,008 2,732,440
Facilities Management Fund 232,139 110,352 89,963 68,979 171,008 672,440
Project Levy 620,000 840,000 - - 600,000 2,060,000
Facilities Total 852,139 950,352 89,963 68,979 771,008 2,732,440
Technology
Technology Plan CIP25 116,170 60,631 87,748 93,178 32,779 390,506
General Fund - Technology 78,390 53,561 58,766 85,451 32,779 308,947
Water Fund 18,890 - 14,491 - - 33,381
Sewer Fund 18,890 - 14,491 - - 33,381
Water Quality Fund - - - - - -
Cable Franchise Fund - 7,070 - 7,727 - 14,797
Technology Total 116,170 60,631 87,748 93,178 32,779 390,506
GRAND TOTALS 27,932,872 24,264,242 15,909,679 13,291,772 9,090,637 90,489,204
Page 5 of 6
CITY OF PRIOR LAKE PROJECTS BY DEPARTMENT
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
CIP
Project Reference 2017 2018 2019 2020 2021 Total
TOTALS BY FUNDING SOURCES
Project Levy 4,115,000 4,785,000 2,175,000 4,144,020 3,965,000 19,184,020
Special Assessments 1,910,945 1,602,895 120,000 1,482,607 732,696 5,849,143
Referendum - - - - - -
Grants or Other Contributions - - - - 260,000 260,000
State/Federal 75,000 150,000 - 207,540 - 432,540
County 14,795,000 11,428,507 9,972,268 3,099,800 - 39,295,575
Other Municipality 165,000 900,000 - - - 1,065,000
City MSA Funds - 200,000 200,000 400,000 400,000 1,200,000
Capital Park Fund - - 170,000 - 170,000 340,000
Street Oversize Fund - - - - 60,000 60,000
Trunk Reserve Fund 250,000 - 1,000,000 - 200,000 1,450,000
Water Quality Fund 756,418 601,843 425,000 401,411 649,044 2,833,715
Water Fund 2,776,390 1,901,090 173,764 1,151,551 465,927 6,468,722
Sewer Fund 1,704,479 1,462,407 268,770 610,708 992,329 5,038,693
Water Storage Fund - - - - - -
General Fund - Technology 78,390 53,561 58,766 85,451 32,779 308,947
Revolving Equipment Fund 860,704 743,336 836,856 1,006,203 411,706 3,858,805
Revolving Park Equipment Fund 213,406 318,184 419,292 625,776 580,149 2,156,808
Cable Franchise Fund - 7,070 - 7,727 - 14,797
Facilities Management Fund 232,139 110,352 89,963 68,979 171,008 672,440
27,932,872 24,264,242 15,909,679 13,291,772 9,090,637 90,489,204
Page 6 of 6
CITY OF PRIOR LAKE PROJECTS BY FUNDING SOURCE
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
Project 2017 2018 2019 2020 2021 Total
Project Levy
Street Reconstruction (Co. Rd.)75,000 - 675,000 1,449,020 - 2,199,020
Street Improvements (City)3,420,000 3,280,000 1,500,000 2,695,000 2,640,000 13,535,000
Equipment Replacement Plan - 665,000 - - 725,000 1,390,000
Facilities Management Plan 620,000 840,000 - - 600,000 2,060,000
4,115,000 4,785,000 2,175,000 4,144,020 3,965,000 19,184,020
Special Assessments
Street Reconstruction (Co. Rd.)- - - 275,000 - 275,000
Street Improvements (City)1,910,945 1,602,895 120,000 1,207,607 732,696 5,574,143
1,910,945 1,602,895 120,000 1,482,607 732,696 5,849,143
Referendum
Community Park Development and Renovation - - - - - -
- - - - - -
Grants or Other Contributions
Street Improvements (Partnership Projects)- - - - - -
Street Improvements (City)- - - - 260,000 260,000
- - - - 260,000 260,000
State/Federal
Street Reconstruction (Co. Rd.)75,000 150,000 - 207,540 - 432,540
75,000 150,000 - 207,540 - 432,540
County
Street Reconstruction (Co. Rd.)14,795,000 11,428,507 9,972,268 3,099,800 - 39,295,575
14,795,000 11,428,507 9,972,268 3,099,800 - 39,295,575
Other Municipality
Street Improvements (Partnership Projects)165,000 900,000 - - - 1,065,000
165,000 900,000 - - - 1,065,000
City MSA Funds
Street Reconstruction (Co. Rd.)- 200,000 - 400,000 - 600,000
Street Improvements (City)- - 200,000 - 400,000 600,000
- 200,000 200,000 400,000 400,000 1,200,000
Capital Park Fund
Neighborhood Park Development - - 170,000 - 170,000 340,000
New Development Trail Alignments - - - - - -
Community Park Development and Renovation - - - - - -
Street Improvements (Partnership Projects)- - - - - -
- - 170,000 - 170,000 340,000
Page 1 of 3
CITY OF PRIOR LAKE PROJECTS BY FUNDING SOURCE
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
Project 2017 2018 2019 2020 2021 Total
Street Oversize Fund
Street Reconstruction (Co. Rd.)- - - - - -
Street Improvements (City)- - - - 60,000 60,000
- - - - 60,000 60,000
Trunk Reserve Fund
Street Reconstruction (Co. Rd.)- - - - - -
Street Improvements (City)- - - - 200,000 200,000
Water Treatment 250,000 - 1,000,000 - - 1,250,000
Pressure Reducing Valves - - - - - -
250,000 - 1,000,000 - 200,001 1,450,000
Water Quality Fund
Street Reconstruction (Co. Rd.)- - - - - -
Street Improvements (City)371,418 491,843 40,000 291,411 304,044 1,498,715
Stormwater Infrastructure Maintenance 60,000 60,000 60,000 60,000 20,000 260,000
Pond Maintenance & Retrofit 300,000 25,000 300,000 25,000 300,000 950,000
Stormwater Improvements 25,000 25,000 25,000 25,000 25,000 125,000
Technology Plan - - - - - -
756,418 601,843 425,000 401,411 649,044 2,833,715
Water Fund
Street Reconstruction (Co. Rd.)10,000 100,000 - - - 110,000
Street Improvements (City)1,794,500 1,695,000 50,000 1,039,000 350,000 4,928,500
Meter Replacement Program 850,000 - - - - 850,000
Wells - - - - - -
Watermain Improvements - - - - - -
Water System 103,000 106,090 109,273 112,551 115,927 546,841
Technology Plan 18,890 - 14,491 - - 33,381
2,776,390 1,901,090 173,764 1,151,551 465,927 6,468,722
Sewer Fund
Street Reconstruction (Co. Rd.)- - - - - -
Street Improvements (City)775,000 1,400,000 40,000 390,000 165,000 2,770,000
Meter Replacement Program 850,000 - - - - 850,000
Sanitary Improvement - - - - 600,000 600,000
Inflow / Infiltration Prevention - - 150,000 154,500 159,135 463,635
Sewer System Equipment Replacement 60,589 62,407 64,279 66,208 68,194 321,677
Technology Plan 18,890 - 14,491 - - 33,381
1,704,479 1,462,407 268,770 610,709 992,330 5,038,693
Page 2 of 3
CITY OF PRIOR LAKE PROJECTS BY FUNDING SOURCE
CAPITAL IMPROVEMENT PROGRAM DRAFT 08.22.2016
2017 - 2021
Project 2017 2018 2019 2020 2021 Total
Water Storage Fund
Water Storage - - - - - -
- - - - - -
General Fund
Technology Plan 78,390 53,561 58,766 85,451 32,779 308,947
78,390 53,561 58,766 85,451 32,779 308,947
Revolving Equipment Fund
Equipment Replacement Plan 860,704 743,336 836,856 1,006,203 411,706 3,858,805
860,704 743,336 836,856 1,006,203 411,706 3,858,805
Revolving Park Equipment Fund
Capital Replacement Projects 50,000 50,776 47,762 - - 148,538
Park Amenities Replacement 133,406 137,408 141,530 145,776 150,149 708,270
Trail, Sidewalk, and Boardwalk Replacement 30,000 130,000 230,000 330,000 430,000 1,150,000
Natural Area Restoration - - - - - -
Existing Trail & Sidewalk Gap Priorities - - - 150,000 - 150,000
213,406 318,184 419,292 625,776 580,149 2,156,808
Cable Franchise Fund
Technology Plan - 7,070 - 7,727 - 14,797
- 7,070 - 7,727 - 14,797
Facilities Management Fund
Facilities Management Plan 232,139 110,352 89,963 68,979 171,008 672,440
232,139 110,352 89,963 68,979 171,008 672,440
27,932,872 24,264,242 15,909,679 13,291,772 9,090,637 90,489,204
Page 3 of 3
CITY OF PRIOR LAKE Draft 8/22/2016
2017-2026 TRANSPORTATION PLAN
Year Improvement Project Type Length Pavement Utility MSA Street Tax Bond Assessments Water Sewer Stormwater/Watermain Sanitary Storm Grant or Other Total City Municipal County State Federal TOTAL PROJECT
Miles OCI*OCI*Oversizing Levy Type Utility Fund Utility Fund Water Quality Trunk Fund Trunk Fund Trunk Fund Contribution Cost Cost Cost Cost Cost COST
2017 County Wide Flashing Yellow Signal Conversion Partnership NA NA NA 75,000 Recon 75,000 165,000 795,000 75,000 1,110,000
2017 CSAH 83 Partnership NA NA NA - - - Recon - 10,000 - - - - - - 10,000 - 14,000,000 - - 14,010,000
2017 Franklin Trail (TH 13 to CR 21 South)Pavement/Recon 0.42 30 35 - - 1,300,000 429 610,561 510,000 330,000 115,842 - - - - 2,866,403 - - - - 2,866,403
2017 Albany/CJ Circle/ Five Hawks/Cates (1972)Pavement/Recon 0.45 23 41 - - 690,000 429 354,173 525,000 185,000 121,259 - - - - 1,875,432 - - - - 1,875,432
2017 Park Avenue (1985)Pavement/Rehab 0.14 24 78 - - 150,000 429 100,000 49,500 - - - - - 299,500 - - - - 299,500
2017 Balsam/Sunrise/Spruce (1982)Pavement/Recon 0.36 19 50 - - 460,000 429 308,338 400,000 210,000 100,007 - - - - 1,478,346 - - - - 1,478,346
2017 Balsam/Spruce/Spruce Ct (1986)Pavement/Rehab 0.59 19 78 - - 600,000 429 400,000 - - - - - - - 1,000,000 - - - - 1,000,000
2017 Sycamore (1985)Pavement/Recon 0.19 32 47 - - 220,000 429 137,873 310,000 50,000 34,309 - - - - 752,182 - - - - 752,182
2017 Project Totals 2.15 -$ -$ 3,495,000$ 1,910,945$ 1,804,500$ 775,000$ 371,418$ -$ -$ -$ -$ 8,356,863$ 165,000$ 14,795,000$ 75,000$ -$ 23,391,863$
2018 CSAH 42/TH 13 Partnership NA NA NA 200,000 - - Recon - 100,000 - - - - - - 300,000 900,000 11,428,507 150,000 - 12,778,507
2018 Franklin Trail (CR 44 to Summer) (1972)Pavement/Recon 0.33 17 26 - 1,050,000 429 489,727 360,000 330,000 89,590 - - - - 2,319,317 - - - - 2,319,317
2018 Pershing/Dunkirk/Dutch/Roanoke/Green Hts/Spring (1985)Pavement/Recon 0.76 26 34 - - 1,130,000 429 576,492 560,000 520,000 212,238 - - - - 2,998,730 - - - - 2,998,730
2018 Huron/Wildwood/Woodside/Santee (1986)Pavement/Recon 0.72 18 25 - - 1,100,000 429 536,676 775,000 550,000 190,015 - - - - 3,151,691 - - - - 3,151,691
2018 Project Totals 1.81 200,000$ -$ 3,280,000$ 1,602,895$ 1,795,000$ 1,400,000$ 491,843$ -$ -$ -$ -$ 8,769,738$ 900,000$ 11,428,507$ 150,000$ -$ 21,248,245$
2019 Fish Point Road (Fawn Meadows to CR 21)Pavement/Rehab 0.28 28 78 - - 600,000 Recon - - - - - - - 600,000 - - - - 600,000
2019 Arcadia Avenue (Colorado to Pleasant)Road Extension NEW NA NA 200,000 - 900,000 429 120,000 50,000 40,000 40,000 - - - 1,350,000 - - - - 1,350,000
2019 CSAH 21 Bridge Deck Replacement Partnership NA NA NA - - 175,000 Recon - - - - - - - - 175,000 - 700,000 - - 875,000
2019 CR 21/ TH 13 / Main Ave / Arcadia Signal Partnership NA NA NA - 500,000 Recon - - - - - - - - 500,000 - 9,272,268 - 9,772,268
2019 Project Totals 0.28 200,000$ -$ 2,175,000$ 120,000$ 50,000$ 40,000$ 40,000$ -$ -$ -$ -$ 2,625,000$ -$ 9,972,268$ -$ -$ 12,597,268$
2020 Hidden Oaks/Timberview/Timber (1986)Pavement/Recon 0.4 22 39 - - 705,000 429 248,154 400,000 100,000 112,230 - - - - 1,565,384 - - - - 1,565,384
2020 Millers/Omega/Glory (1982)Pavement/Rehab 0.31 25 79 - - 390,000 429 210,000 39,000 - - - - - 639,000 - - - - 639,000
2020 Fish Point Road (CR 44 to TH 13)Pavement/Recon 0.66 22 40 - - 1,600,000 429 749,453 600,000 290,000 179,180 - - - - 3,418,634 - - - - 3,418,634
2020 CSAH 21 and CSAH 87 Partnership NA NA NA - - 350,000 Recon - - - - - - - - 350,000 - 3,099,800 - - 3,449,800
2020 Duluth Avenue / TH 13 Signal / Village Lake Roundabout Partnership 0.1 NA NA 400,000 - 1,099,020 429 275,000 - - - - - - - 1,774,020 - - 207,540 - 1,981,560
2020 Project Totals 1.47 400,000$ -$ 4,144,020$ 1,482,607$ 1,039,000$ 390,000$ 291,411$ -$ -$ -$ -$ 7,747,038$ -$ 3,099,800$ 207,540$ -$ 11,054,378$
2021 Northwood Road (Fremont to Knollridge) (1994)Pavement/Rehab 0.52 29 84 - - 900,000 Recon - - - - - - - 900,000 - - - - 900,000
2021 Northwood Road (Knollridge to CSAH 12) (1994)Pavement/Recon 0.6 16 79 400,000 - 1,320,000 429 202,230 190,000 50,000 158,346 - - - - 2,320,576 - - - - 2,320,576
2021
Knollridge/Hawk Ridge/Viewcrest (1998) Lake Haven/Shady
Cove/Lake Bluff(2000)Fremont Cir/Fremont St/Crystal (1986)Pavement/Resurf NA 37 85 - - 170,000 429 80,000 - - - - - - - 250,000 - - - - 250,000
2021 Frost Point Circle (1974)Pavement/Recon 0.17 24 35 - - 250,000 429 180,465 160,000 115,000 45,698 - - - - 751,163 - - - - 751,163
2021 Rolling Oaks Utility Extension 0.25 0 0 - 60,000 - 429 270,000 - - 100,000 100,000 100,000 - 260,000 890,000 - - - - 890,000
2021 Project Totals 1.54 400,000$ 60,000$ 2,640,000$ 732,696$ 350,000$ 165,000$ 304,044$ 100,000$ 100,000$ -$ 260,000$ 5,111,739$ -$ -$ -$ -$ 5,111,739$
2022 CSAH 17 (CSAH 42 to CSAH 82)Partnership NA NA NA - - 300,000 Recon - - - - - - - - 300,000 1,200,000 16,193,306 - - 17,693,306
2022 Street Reconstruction Non-Specific Pavement/Recon 2 - - 2,850,000 429 1,340,768 825,000 425,000 361,152 - - - - 5,801,920 - - - - 5,801,920
2022 Project Totals -$ -$ 3,150,000$ 1,340,768$ 825,000$ 425,000$ 361,152$ -$ -$ -$ -$ 6,101,920$ 1,200,000$ 16,193,306$ -$ -$ 23,495,226$
2023 Street Reconstruction Non-Specific Pavement/Recon 2 - - 2,850,000 429 1,340,768 825,000 425,000 361,152 - - - - 5,801,920 - - - - 5,801,920
2023 Project Totals -$ -$ 2,850,000$ 1,340,768$ 825,000$ 425,000$ 361,152$ -$ -$ -$ -$ 5,801,920$ -$ -$ -$ -$ 5,801,920$
2024 Street Reconstruction Non-Specific Pavement/Recon 2 - - 2,850,000 429 1,340,768 825,000 425,000 361,152 - - - - 5,801,920 - - - - 5,801,920
2024 Project Totals -$ -$ 2,850,000$ 1,340,768$ 825,000$ 425,000$ 361,152$ -$ -$ -$ -$ 5,801,920$ -$ -$ -$ -$ 5,801,920$
2025 Street Reconstruction Non-Specific Pavement/Recon 2 - - 2,850,000 429 1,340,768 825,000 425,000 361,152 - - - - 5,801,920 - - - - 5,801,920
2025 Project Totals -$ -$ 2,850,000$ 1,340,768$ 825,000$ 425,000$ 361,152$ -$ -$ -$ -$ 5,801,920$ -$ -$ -$ -$ 5,801,920$
2026 Street Reconstruction Non-Specific Pavement/Recon 2 - - 2,850,000 429 1,340,768 825,000 425,000 361,152 - - - - 5,801,920 -$ -$ -$ -$ 5,801,920
2026 Project Totals 2,850,000$ 1,340,768$ 825,000$ 425,000$ 361,152$ -$ -$ -$ -$ 5,801,920$ -$ -$ -$ -$ 5,801,920$
Program Totals 1,200,000$ 60,000$ 30,284,020$ 12,552,983$ 9,163,500$ 4,895,000$ 3,304,475$ 100,000$ 100,000$ -$ 260,000$ 61,919,978$ 2,265,000$ 55,488,881$ 432,540$ -$ 120,106,399$
Draft 8/22/2016
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Use of Funds:
Fire Dept Total -$ 694,890$ 61,193$ 48,341$ 724,546$ 140,062$ 73,792$ 386,365$ -$ 880,265$
Police Dept Total 112,700 270,784 171,887 175,579 191,667 96,320 167,672 182,837 105,252 196,884
Public Works Dept Total 748,004 442,663 603,776 782,283 220,493 629,444 623,530 386,409 753,478 582,429
Total Use of Funds 860,704$ 1,408,336$ 836,856$ 1,006,203$ 1,136,706$ 865,827$ 864,994$ 955,611$ 858,730$ 1,659,578$
Source of Funds:
Interest Earnings (2%)10,594 7,912 8,116 7,143 2,502 9,858 8,279 6,884 3,650 2,288
Annual Equipment Levy 375,000 550,000 600,000 600,000 600,000 600,000 600,000 600,000 600,000 600,000
General Fund Contribution - - - - - - - - - -
Water Fund Contribution 160,000 70,000 70,000 70,000 75,000 75,000 80,000 80,000 80,000 80,000
Sewer Fund Contribution 160,000 70,000 70,000 70,000 75,000 75,000 80,000 80,000 80,000 80,000
Water Quality Fund Contribution 21,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000
Forfeiture Funds / Donations - 28,644 13,113 - - - - - - -
Auction Proceeds - 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000 12,000
Bond Proceeds - 665,000 - - 725,000 - - - - 840,000
Total Source of Funds 726,594$ 1,418,556$ 788,229$ 774,143$ 1,504,502$ 786,858$ 795,279$ 793,884$ 790,650$ 1,629,288$
Change in Fund Balance (134,110)$ 10,220$ (48,627)$ (232,060)$ 367,796$ (78,969)$ (69,715)$ (161,727)$ (68,080)$ (30,290)$
Beginning Fund Balance 529,688$ 395,578$ 405,798$ 357,171$ 125,111$ 492,907$ 413,938$ 344,223$ 182,496$ 114,416$
Ending Fund Balance 395,578$ 405,798$ 357,171$ 125,111$ 492,907$ 413,938$ 344,223$ 182,496$ 114,416$ 84,126$
CITY OF PRIOR LAKE
2017 - 2028 EQUIPMENT REPLACEMENT PLAN
Page 1 of 1
CITY OF PRIOR LAKE DRAFT 8/22/2016
2017 - 2026 PARK PLAN
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
General Fund (F101)
NO CAPITAL ACTIVITIY
Capital Park Fund (F225)
Use of Funds:
Neighborhood Park Development 170,000 170,000 170,000 170,000
New DevelopmentTrail Alignments - - - - - - - - - -
Community Park Development 3,200,000
Total Use of Funds -$ -$ 170,000$ -$ 170,000$ -$ 170,000$ -$ 3,370,000$ -$
Sources of Funds:
Interest Earnings (2%)10,175 18,479 26,949 32,187 40,931 46,450 55,479 61,288 70,614 12,726
Park Dedication Fees 405,000 405,000 405,000 405,000 405,000 405,000 405,000 405,000 405,000 405,000
Total Source of Funds 415,175 423,479 431,949 437,187 445,931 451,450 460,479 466,288 475,614 417,726
Change in Fund Balance 415,175$ 423,479$ 261,949$ 437,187$ 275,931$ 451,450$ 290,479$ 466,288$ (2,894,386)$ 417,726$
Beginning Fund Balance 508,772$ 923,947$ 1,347,426$ 1,609,375$ 2,046,562$ 2,322,494$ 2,773,943$ 3,064,422$ 3,530,711$ 636,325$
Ending Fund Balance 923,947$ 1,347,426$ 1,609,375$ 2,046,562$ 2,322,494$ 2,773,943$ 3,064,422$ 3,530,711$ 636,325$ 1,054,051$
Revolving Park Equipment Fund (F430)
Use of Funds:
Capital Replacement Projects 50,000$ 50,776$ 47,762$ -$ -$ 13,178$ 332,619$ 257,658$ 43,856$ 266,333$
Park Amenity Replacements 133,406 137,408 141,530 145,776 150,149 154,654 159,294 164,072 168,995 174,064
Trail, Sidewalk, and Boardwalk Replacement 30,000 130,000 230,000 330,000 430,000 530,000 545,900 562,277 579,145 596,520
Natural Area Restoration - - - - - - - - - -
Existing Trail and Sidewalk Gap Priorities - - - 150,000 - 65,000 - 265,000 - -
Total Use of Funds 213,406 318,184 419,292 625,776 580,149 762,832 1,037,813 1,249,007 791,996 1,036,917
Sources of Funds:
Interest Earnings (2%)8,003 8,163 8,327 8,493 5,663 5,776 4,592 4,684 477 1,487
Previous General Fund Tax Levy 213,406 318,184 419,292 475,776 580,149 697,832 1,037,813 984,007 791,996 1,036,917
Tax Levy - - - - - - 50,000 50,000 50,000
Total Source of Funds 221,409 326,348 427,619 484,269 585,812 703,608 1,042,405 1,038,691 842,473 1,088,404
Change in Fund Balance 8,003$ 8,163$ 8,327$ (141,507)$ 5,663$ (59,224)$ 4,592$ (210,316)$ 50,477$ 51,487$
Beginning Fund Balance 400,159$ 408,162$ 416,326$ 424,652$ 283,145$ 288,808$ 229,584$ 234,176$ 23,859$ 74,337$
Ending Fund Balance 408,162$ 416,326$ 424,652$ 283,145$ 288,808$ 229,584$ 234,176$ 23,859$ 74,337$ 125,823$
EAB Plan 25,000$ 35,000$ 130,000$ 165,000$ 210,000$ 155,000$ 140,000$ 135,000$ 210,000$ 150,000$
Community Park Referendum Needs* - Large scale projects developing new community park facilities or renovating existing facilities to serve changing and expanding community
needs. Funding from referendum, donations, or other project partners.
Capital Facility Replacements & Renovation
Lakefront $257,325
Memorial
Sand Point Beach
The Ponds $185,848
Thomas Ryan Memorial $210,442
Watzl
Park Development Projects*
Spring Lake Park Athletic Fields $8,835,969
Campbell Lake Park
Lakefront Park $846,321
Radanke Farm Park
Thomas Ryan Park $1,656,164
The Ponds Athletic Fields $1,445,619
Vierling Community Park
TOTAL REFERENDUM NEEDS -$ -$ -$ -$ -$ -$ -$ -$ 13,437,688$ -$
DRAFT 8/22/2016
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Use of Funds:
Hardware
Administration 6,100$ 15,605$ 5,000$ 7,988$ 7,393$ 6,997$ 6,911$ 15,507$ 5,000$ 8,172$
Building Inspection/Engineering 2,400 2,323 1,122 1,133 - 7,567 2,548 3,645 1,191 1,203
Community/Economic Development 1,100 - 6,733 - 1,041 2,207 1,168 - 7,147 -
Finance - 2,222 1,122 2,576 - 3,363 - 2,359 1,191 2,734
Fire - 1,111 - 10,200 - - - 1,179 - -
Police 7,000 11,918 19,790 8,345 3,954 5,360 7,431 15,117 14,619 9,187
Public Works 4,100 6,666 6,835 2,267 5,411 10,615 5,095 7,719 7,255 2,406
Cable Television 11,250 9,292 - 15,558 - 3,153 2,654 7,237 7,580 -
Printers/Scanners 9,500 34,088 867 1,010 22,576 33,313 - 7,719 1,083 6,507
Network Infrastructure 12,908 10,939 11,267 20,362 28,915 12,311 12,681 66,668 13,453 23,153
Miscellaneous 500 505 29,784 6,697 3,642 1,997 - - - -
Total Hardware 54,858$ 94,668$ 82,519$ 76,136$ 72,932$ 86,884$ 38,487$ 127,151$ 58,519$ 53,362$
Software
Existing / Maintenance / Upgrades 118,150$ 123,891$ 152,660$ 126,640$ 129,472$ 132,286$ 136,025$ 139,878$ 143,003$ 153,316$
Proposed Software 107,404 34,522 29,761 71,829 826 851 877 903 930 930
Total Software 225,554$ 158,413$ 182,421$ 198,469$ 130,299$ 133,138$ 136,902$ 140,781$ 143,933$ 154,246$
Total Use of Funds 280,412$ 253,081$ 264,940$ 274,605$ 203,231$ 220,022$ 175,389$ 267,932$ 202,452$ 207,609$
Source of Funds:
General Fund 170,136$ 183,099$ 171,228$ 191,390$ 137,895$ 136,319$ 99,916$ 188,121$ 117,654$ 124,199$
Water Fund 48,763$ 30,139$ 47,817$ 34,435$ 32,443$ 37,311$ 35,587$ 36,041$ 39,601$ 42,319$
Sewer Fund 48,763$ 30,139$ 45,471$ 32,786$ 32,443$ 42,776$ 35,587$ 36,041$ 37,111$ 40,569$
Water Quality Fund 1,500$ 412$ 424$ 437$ 450$ 463$ 1,645$ 492$ 506$ 521$
Cable Franchise Fund 11,250$ 9,292$ -$ 15,558$ -$ 3,153$ 2,654$ 7,237$ 7,580$ -$
Total Source of Funds 280,412$ 253,081$ 264,940$ 274,605$ 203,231$ 220,022$ 175,389$ 267,932$ 202,452$ 207,609$
Net Source (Use) of Funds -$ -$ -$ -$ -$ -$ -$ -$ -$ -$
Operating Budget 164,242$ 192,450$ 177,192$ 181,427$ 170,452$ 189,862$ 175,389$ 214,325$ 202,452$ 198,313$
Capital Improvement Plan 116,170$ 60,631$ 87,748$ 93,178$ 32,779$ 30,160$ -$ 53,607$ -$ 9,296$
Source of Funds (Operating Budget):
General Fund 91,746$ 129,537$ 112,463$ 105,938$ 105,115$ 113,947$ 99,916$ 134,514$ 117,654$ 114,903$
Water Fund 29,873$ 30,139$ 33,326$ 34,435$ 32,443$ 33,417$ 35,587$ 36,041$ 39,601$ 42,319$
Sewer Fund 29,873$ 30,139$ 30,980$ 32,786$ 32,443$ 38,882$ 35,587$ 36,041$ 37,111$ 40,569$
Water Quality Fund 1,500$ 412$ 424$ 437$ 450$ 463$ 1,645$ 492$ 506$ 521$
Cable Franchise Fund 11,250$ 2,222$ -$ 7,830$ -$ 3,153$ 2,654$ 7,237$ 7,580$ -$
Total Source of Funds: Op. Budget 164,242$ 192,450$ 177,192$ 181,427$ 170,452$ 189,862$ 175,389$ 214,325$ 202,452$ 198,313$
Source of Funds (CIP):
General Fund 78,390$ 53,561$ 58,766$ 85,451$ 32,779$ 22,372$ -$ 53,607$ -$ 9,296$
Water Fund 18,890$ -$ 14,491$ -$ -$ 3,894$ -$ -$ -$ -$
Sewer Fund 18,890$ -$ 14,491$ -$ -$ 3,894$ -$ -$ -$ -$
Water Quality Fund -$ -$ -$ -$ -$ -$ -$ -$ -$ -$
Cable Franchise Fund -$ 7,070$ -$ 7,727$ -$ -$ -$ -$ -$ -$
Total Source of Funds: CIP 116,170$ 60,631$ 87,748$ 93,178$ 32,779$ 30,160$ -$ 53,607$ -$ 9,296$
CITY OF PRIOR LAKE
2017 - 2026 TECHNOLOGY PLAN
CITY OF PRIOR LAKE
2017 - 2032 FACILITIES MANAGEMENT PLAN DRAFT 8/22/2016
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Use of Funds:
City Hall - - - - - 303,610 - - 255,374 - 699,287
Police Station 44,558 - - - - 168,262 - - 309,638 - 524,584
Fire Station #1 - 17,484 859,410 67,998 64,479 - - - 102,890 - -
Fire Station #2 20,369 - - - - - - 40,154 29,029 - 255,385
Library & Club Prior - 79,961 - 21,965 - - - - 137,580 - -
Maintenance Center 615,176 114,081 85,876 - 4,500 299,136 5,700 - 40,317 - 307,052
Water Treatment Facility - - 5,065 - - - - 138,997 40,317 - -
Transfer to GESP Debt Service Fund 45,614 20,614
Pike Lake Buildings - - - - - - - - - - -
Old Maintenance Shop NO SIGNIFICANT REPAIRS OR REPLACEMENTS PLANNED FOR THESE FACILITIES -
16220 Main Avenue - - - - - - - - - - -
16244 Main Avenue - - - - - - - - - -
Other(1)620,000
Total Use of Funds 725,717 852,139 950,352 89,963 68,979 771,008 5,700 179,152 915,147 - 1,786,307
Source of Funds:
Interest Earnings (2%)8,021 7,167 3,801 2,837 2,296 2,801 2,312 5,157 5,130 2,923 6,517
Transfer from General Fund - - - - - - - - - - -
Transfer from Water Fund 45,000 46,350 47,741 49,173 50,648 52,167 53,732 55,344 57,005 58,715 60,476
Transfer from Sewer Fund 10,000 10,300 10,609 10,927 11,255 11,593 11,941 12,299 12,668 13,048 13,439
Annual Property Tax Levy - - - 30,000 80,000 80,000 105,000 130,000 105,000 275,000
Capital Facility Charge - - - - - - - - - - -
Bond Proceeds - 620,000 840,000 - - 600,000 - - 600,000 - 1,350,000
Other(1)620,000 - - - - - - - - - -
Bond Proceeds - Referendum - - - - - - - - - - -
Total Source of Funds 683,021 683,817 902,150 62,937 94,199 746,561 147,984 177,800 804,803 179,686 1,705,432
Change in Fund Balance (42,696) (168,322) (48,201) (27,026) 25,220 (24,447) 142,284 (1,352) (110,344) 179,686 (80,875)
Beginning Fund Balance 401,053 358,357 190,035 141,834 114,808 140,028 115,581 257,865 256,513 146,169 325,855
Ending Fund Balance 358,357 190,035 141,834 114,808 140,028 115,581 257,865 256,513 146,169 325,855 244,980
CITY OF PRIOR LAKE DRAFT 8/22/2016
2017 - 2026 WATER OPERATING PLAN
2017-2026
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Totals
Use of Funds:
Operations & Maintenance 2,256,529$ 2,369,356$ 2,487,824$ 2,612,215$ 2,742,826$ 2,879,967$ 3,023,965$ 3,175,163$ 3,333,922$ 3,500,618$ 28,382,384
Capital Projects 3,026,390 1,901,090 1,173,764 1,151,551 465,927$ 948,299$ 947,987$ 951,677$ 955,477$ 959,392$ 12,481,554
Interfund Transfer 391,300 306,391 311,593 316,918 327,367$ 332,932$ 343,624$ 349,455$ 355,415$ 361,506$ 3,396,501
Debt Service 549,797 637,622 645,986 654,050 670,520$ 679,450$ 710,020$ 715,435$ 729,712$ 731,307$ 6,723,899
Total Use of Funds 6,224,017 5,214,458 4,619,166 4,734,734 4,206,640 4,840,648 5,025,596 5,191,730 5,374,526 5,552,823 50,984,338
Source of Funds:
Water Usage Charge 4,005,333 4,169,827 4,340,607 4,517,907 4,701,967 4,893,036 5,091,373 5,297,244 5,510,927 5,732,708 48,260,929
Other Revenues 192,630 196,483 200,412 204,421 208,509 212,679 216,933 221,271 225,697 230,211 2,109,245
Bond Proceeds 850,000 - - - - - - - - - 850,000
Trunk Fund Contribution 250,000 - 1,000,000 - - - - - - - 1,250,000
Total Source of Funds 5,297,963 4,366,309 5,541,019 4,722,328 4,910,476 5,105,715 5,308,305 5,518,515 5,736,624 5,962,919 51,220,174
Change in Fund Balance (926,054)$ (848,149)$ 921,854$ (12,406)$ 703,836$ 265,067$ 282,709$ 326,785$ 362,098$ 410,096$ 235,836$
Beginning Fund Balance 2,989,685$ 2,063,631$ 1,215,482$ 2,137,336$ 2,124,930$ 2,828,765$ 3,093,833$ 3,376,542$ 3,703,327$ 4,065,425$
Ending Fund Balance 2,063,631$ 1,215,482$ 2,137,336$ 2,124,930$ 2,828,765$ 3,093,833$ 3,376,542$ 3,703,327$ 4,065,425$ 4,475,521$
CITY OF PRIOR LAKE DRAFT 8/22/2016
2017 - 2026 SANITARY SEWER OPERATING PLAN
2016-2025
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Totals
Use of Funds:
Operations & Maintenance 1,067,948$ 1,099,986$ 1,132,986$ 1,166,975$ 1,201,984$ 1,238,044$ 1,275,185$ 1,313,441$ 1,352,844$ 1,393,429$ 12,242,822
MCES Fees 1,382,757 1,435,229 1,489,461 1,545,507 1,603,424 1,663,271 1,725,109 1,788,999 1,855,005 1,923,193 16,411,956
Capital Improvement Projects 1,704,479 1,462,407 268,770 610,708 992,329 663,043 666,173 673,408 680,861 688,536 8,410,714
Interfund Transfer 355,250 269,259 273,347 277,525 286,793 291,141 300,579 305,118 309,748 314,469 2,983,228
Debt Service - 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 100,000 900,000
Total Use of Funds 4,510,434 4,366,881 3,264,564 3,700,715 4,184,530 3,955,499 4,067,046 4,180,966 4,298,457 4,419,628 40,948,720
Source of Funds:
Wastewater Collection Revenue 3,327,824 3,456,366 3,589,499 3,727,383 3,870,184 4,018,071 4,171,223 4,329,820 4,494,052 4,664,114 39,648,536
Other Revenues 61,384 62,611 63,863 65,141 66,444 67,772 69,128 70,510 71,921 73,359 672,133
Bond Proceeds 850,000 - - - - - - - - - 850,000
Total Source of Funds 4,239,207 3,518,977 3,653,362 3,792,524 3,936,627 4,085,844 4,240,351 4,400,331 4,565,973 4,737,473 41,170,669
Change in Fund Balance (271,227)$ (847,904)$ 388,799$ 91,809$ (247,903)$ 130,345$ 173,304$ 219,365$ 267,515$ 317,845$ 221,949$
Beginning Fund Balance 2,031,846$ 1,760,619$ 912,714$ 1,301,513$ 1,393,322$ 1,145,420$ 1,275,765$ 1,449,069$ 1,668,434$ 1,935,950$
Ending Fund Balance 1,760,619$ 912,714$ 1,301,513$ 1,393,322$ 1,145,420$ 1,275,765$ 1,449,069$ 1,668,434$ 1,935,950$ 2,253,795$
CITY OF PRIOR LAKE DRAFT 8.22.2016
2017-2026
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Totals
Use of Funds:
Operations & Maintenance 493,186$ 500,283$ 498,576$ 507,069$ 515,770$ 524,683$ 543,815$ 543,172$ 552,763$ 562,590$ 5,621,159$
Capital Projects 756,418 601,843 425,000 401,411 649,044 431,152 706,152 431,152 706,152 706,152 5,995,220
Total Use of Funds 1,249,604 1,102,126 923,576 908,480 1,164,814 955,835 1,249,967 974,324 1,258,915 1,268,742 11,616,379
Source of Funds:
Interest Earnings (2%)13,779$ 17,098$ 9,915$ 6,545$ 7,435$ 9,431$ 7,228$ 10,197$ 8,235$ 12,885$ 107,377$
Charges for Services 876,673 916,517 958,173 1,001,722 1,047,250 1,094,848 1,144,609 1,196,631 1,251,018 1,307,877 11,159,959
Grants - - - - - - - - - - 95,000
Total Source of Funds 890,452 933,615 968,088 1,008,267 1,054,685 1,104,279 1,151,837 1,206,828 1,259,252 1,320,762 11,362,336$
Change in Fund Balance (359,152)$ (168,510)$ 44,512$ 99,787$ (110,128)$ 148,443$ (98,131)$ 232,504$ 338$ 52,020$ (254,043)$
Beginning Fund Balance 854,905$ 495,752$ 327,242$ 371,754$ 471,541$ 361,413$ 509,856$ 411,725$ 644,229$ 644,567$
Ending Fund Balance 495,752$ 327,242$ 371,754$ 471,541$ 361,413$ 509,856$ 411,725$ 644,229$ 644,567$ 696,586$
Proposed Utility Rate / Billing Cycle 13.93$ 14.34$ 14.77$ 15.22$ 15.67$ 16.14$ 16.63$ 17.13$ 17.64$ 18.17$
2017 - 2026 WATER QUALITY OPERATING PLAN
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
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Comparison of G.O. Direct Debt Burden
G.O. Direct Debt Outstanding (not including revenue supported debt) Divided by Estimated Market Value
Notes to chart: 1. Oustanding debt is estimated as of 9/2/16. 2 . Source of data is credit rating reports, audited financial statements, continuing disclosure reports,
and official statements for most recent bond issuances. 3. Debt ratio figures do not include G.O. Revenue supported debt and are computed off Estimated Market
Value.
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$2,000
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Comparison of G.O. Debt Outstanding Per Capita
(does not include G.O. revenue suported debt)
Notes: 1. Population figures are based on 2010 census. 2. Oustanding debt is estimated as of 9/2/16. 3. Source of data is credit rating report s,audited financial
statements, continuing disclosure reports, and official statements for most recent bond issuances.
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$100,000,000
$120,000,000
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Comparison of G.O. Debt Outstanding
Includes G.O. Revenue Supported Debt
Notes: 1. Oustanding debt is as of 9/2/16. 3. Source of data is credit rating reports, audited financial statements, continuing disclosure reports, and official statements
for most recent bond issuances. 3. G.O. Debt Oustanding includes all G.O. debt, including G.O. revenue supported debt.